Tuesday, October 22, 2024
25.3 C
Lagos

NNPC, TotalEnergies Sign MoU on Adoption of Methane Detection Technology

Executive Vice President, Upstream, NNPC Limited, Oritsemeyiwa Eyesan (2nd right) and Managing Director and Country Chair, TotalEnergies EP Nigeria, Matthieu Bouyer (2nd left), display the signed MoU between NNPC Limited and TotalEnergies on the use of the latter’s Airborne Ultralight Spectrometer for Environment Detection (AUSEA) Technology, aimed at detecting and monitoring methane emissions in oil and gas operations. First from right is the Group Chief Executive Officer of NNPC Limited, Mele Kyari and first from left is the Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné (standing left).

The Nigerian National Petroleum Company Limited has signed a Memorandum of Understanding (MoU) with TotalEnergies for the adoption and deployment of a methane detection technology known as Airborne Ultralight Spectrometer for Environmental Application (AUSEA) in all its upstream operations.

With the agreement, which is a direct benefit from the Company’s participation at the recently concluded United Nations Climate Change Conference (also known as COP28) in Dubai, UAE, NNPC Limited will be able to deploy the TotalEnergies AUSEA technology on its upstream operations sites to ascertain the level of methane emissions from them, with a view to working out emission curtailment measures to help in combating global warming and climate change.

The MoU was signed by NNPC Limited’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, and Managing Director and Country Chair, TotalEnergies EP Nigeria, Matthieu Bouyer, on behalf of their respective companies, under the watch of the Group Chief Executive Officer (GCEO) NNPC Limited, Mele Kyari, and Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné.

Speaking on the collaboration at the MoU signing event, the GCEO, NNPC Limited, Mele Kyari, described TotalEnergies as a great and reliable partner over the years with whom the Company was looking forward to exploring greater opportunities in the nation’s energy sector.

On his part, the Chairman and Chief Executive Officer of TotalEnergies, Patrick Pouyanné, said his company was offering the technology to NNPC Limited in keeping with its commitment to promote responsible production of hydrocarbons.

He applauded NNPC Limited for its successful transition into a limited liability company, stressing that he could see and feel the energy that the reforms have brought about, not only in the company but also in the sector.

Putting the deal in proper perspective, the NNPC Limited’s Executive Vice President, Upstream, Oritsemeyiwa Eyesan, said the pilot phase of the TotalEnergies AUSEA deployment would be on NNPC Limited’s owned operations, adding that the deal would enable the company to deploy methane abatement measures.

Other benefits of the TotalEnergies AUSEA technology include identification of unaccounted emission sources, establishment of a basis for querying and improving current emission reporting processes, provision of data to review operational system and implement corrective actions, and estimation of flare combustion efficiency.

spot_img
spot_img
spot_img

Hot this week

Pension: New Compliance EXCO to Address Industry Challenges

The newly elected compliance executives of the pension industry...

Exploring Trust, Authenticity, Engagement in a Saturated Digital Space 

By Elvis Eromosele Humans are naturally biased. This makes changing...

PenOp Partners PenCom on Maximising Potential of RSA Fund VI, Exploring Sharia-Compliant Investment

The Pension Fund Operators Association of Nigeria (PenOp), along...

Heirs Energies Commends NUPRC at 3, Points Way Forward for Sector

Mr. Tony Elumelu, Chairman, Heirs Holdings Group has commended...

$1tn Economy: PenCom DG Seeks Commitment from Insurance, Pension Operators

Stakeholders in the nation’s insurance and pension sectors have...

Topics

Ecobank MySME Growth Series: AI Holds the key to Business Development-Erhabor

Small and Medium Enterprises (SMEs) in the country have...

Zurich Insurance Reports $1OOm Loss in 4th Qtr 2O15

Zurich Insurance Group AG fell to the lowest in...

Red Star Express Reports N10.5bn Turnover

Pix from left: Auwalu Babura, Executive Director, Finance &...

Africa Nominates Zimbabwe’s Tourism Minister, Mzembi, for UN – WTO Secretary-General

African nations have nominated a Zimbabwean, Dr. Walter Mzembi, as...

Union Bank Core Investors to Transfer 89.39% Equity to Titan Trust Bank

The Board of Union Bank of Nigeria Plc (Union...

Stanbic IBTC Urges SMEs to Digitise Products, Services

Stanbic IBTC Holdings Plc, a member of Standard Bank...

The Power of Faith to End Extreme Poverty by 2030

Over 30 leaders from major world religions and heads...

‘Insurance Sector Needs Govt Support–Mutual Benefits Chairman

  Dr. Akin Ogunbiyi Chairman Mutual Benefits Assurance Plc Dr. Akin Ogunbiyi, Chairman,...
spot_img

Related Articles

Popular Categories

spot_imgspot_img