Wale Yusuff, Managing Director of Wärtsilä in Nigeria, explained how the most advanced studies had shown that decarbonising Nigeria was not only feasible, but that it could also be done in a way that lowered the cost of electricity going forward.
With the new technology damages are identified with greater precision. The risk of missing a damage or wrongly interpreting inspection data is greatly reduced, thus avoiding any poorly planned or wrongly executed repairs.
Speaking specifically on EO5, Adubi stated that its implementation beyond the oil and gas sector would help sustain the MSMEs and the private sector.
Oil theft was an emergency that posed serious threat to oil exploration and exploitation with huge negative consequences on economic growth, business prospects and profit earnings by oil companies.
Elevated oil prices may be here to stay for the medium-to-long term, but it would have to take extreme geopolitical risks to push prices into triple digits in the immediate future, according to Ole Hansen, head of commodity research at Danish investment bank Saxo Bank.
The GenCo, while commemorating the occasion, attributed the achievement over the decade to the unwavering commitment of the Board, Management, and staff as well as massive support from partners in the power sector value chain.
