NNPC to deepen collaboration on oil exploration in frontier basins

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, has expressed the commitment of the firm towards intensifying collaboration to achieve desired outcomes in ongoing exploration activities in Nigeria’s frontier basins.

Speaking on the sideline of the 2nd Summit on Research Activities in Nigeria’s Frontier Basin held in Abuja Monday, Mallam Kyari affirmed the readiness of NNPC to lead the campaign which would ultimately ensure that more works are carried out in this regard, with a view to increasing the nation’s reserves, investment opportunities and create employment for the teeming youths in the country.

The GMD, however, noted that this feat could only be achieved through doggedness, consistency, creative thinking as well as innovative ideas and the deployment of new emerging technologies.

A statement by NNPC acting spokesman Mr. Samson Makoji, quoted Mallam Kyari to have said the NNPC was ready to actively collaborate with competent institutions of learning to carry out exploration activities, especially in the areas of geological and geophysical data generation, environmental baseline studies, drilling location preparation, among others, saying this would bridge the gap between the academia and the Industry. He said the industry’s position today was that expanding the nation’s reserve can only be realized through huge investment in research as an enabler for innovation and new technology.

Source: Daily Trust

 

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