Thread by @NNPCgroup

#HappeningNow: GMD @NNPCgroup @MKKyari delivers the Industry Adress at the @SPE_NIGERIA #NAICE2019.

Thread...

@MKKyari: "I am grateful for the privilege given to me to address this very important conference and distinguished audience. I am attuned with the theme of this year’s conference, especially at this time that the industry is becoming increasingly ambitious and also challenged."

@MKKyari: No doubt, the emergence of Artificial Intelligence has altered the dynamics of our operations by providing quicker processes & interventions in the conduct of petroleum operations. This also is on the back of big data that provides the platform for effective AI system."

@MKKyari: "The combination of AI and big data are complemented further by mobile technology that enables real time access to information and the execution of apparently complicated operation from remote locations."

@SPE_NIGERIA #NAICE2019

@MKKyari: "Today, single data platforms exist that link large amount of information to create robust decision support across variety of industry operations to grow reserves,increase production, compete for market & take market position in renewable energy @SPE_NIGERIA #NAICE2019

@MKKyari: "We need to collaborate with relevant stakeholders to ensure the timely resolution of contractual issues and the passage of the necessary petroleum legislation."

@SPE_NIGERIA #NAICE2019

@MKKyari: "Today, @NNPCgroup with our Partners are driving the National aspiration to grow the National reserve to 40billion barrels by 2025 and improve crude oil production to 3Million barrels/day. To achieve this ambition, huge investment is required across the value chain"

@MKKyari: "We have to attract investment to deploy improved technology in the exploration and production of hydrocarbons from inland as well as the ultra-deep offshore basins."

@SPE_NIGERIA #NAICE2019

@MKKyari: "We have to open up the midstream, complete all critical gas devt projects targeted to deliver about 3Bscfd to gas market, ensure closeout of investment decision on NLNG Train 7 & improve domestic utilization to improve power generation & industrial growth" #NAICE2019

@MKKyari: "We require more investment to revamp and expand our domestic refineries and associated infrastructures to support the growth of the downstream sector and guaranty energy security to the Nation"

@SPE_NIGERIA #NAICE2019

@MKKyari: "We're progressing with the establishment of Condensate Refineries to fast-track domestic supply of petroleum products. In the same vein, we would support the actualization of the 650K bbl/day @DangoteGroup Refinery,as well as other private initiatives along this line

@MKKyari: "Today we are optimistic, that this Government under the leadership of President @MBuhari is determined to deliver a stable fiscal environment to support the needed growth in the oil and gas sector."

@SPE_NIGERIA #NAICE2019

@MKKyari: "Tech 'll permit us to test new ways of achieving better results, but the validity of such endeavor will depend on the availability of quality data which 'll ultimately support the deployment of AI with the overall effect of delivering more efficient/cheaper solutions

@MKKyari: "@NNPCgroup will leverage technology & innovation to achieve the goal of building Energy Company of Global Excellence. We are determined to improve Transparency, Accountability and the overall Performance of our businesses to deliver maximum value to 180m Nigerians."

@MKKyari: "Technology and innovation will therefore continue to shape the way we do our businesses, especially in the deep offshore and other hard-to-operate environments."

@SPE_NIGERIA #NAICE2019