July 16, 2024
Oil theft: IoT Africa Networks tasks FG, IoCs, others on Smart technology
Middle East: Oil demand remains low despite the ease in COVID-19 lockdown
– By Godswill Odiong

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. Plans training of 10,000 Nigerians

By Eyo Nsima

The Federal Government, International Oil Companies, IoCs, indigenous companies, and other stakeholders, have been urged to deploy smart technology to fight pipeline vandalism, oil theft, and illegal refining while enhancing operations in Nigeria’s oil and gas industry.
Industry data have it that, Nigeria currently losses between 300,000 – 400,000 barrels daily, as a result of prolonged oil theft in the Niger Delta.

However, in his presentation, Smart IoT in the Oil and Gas Sector, at the just-concluded The Daily Africa Summit, the Executive Chairman, IoT Africa Networks Limited, Mr. Lare Ayoola, disclosed that smart technology has the capacity to tackle these and other related issues.

He said that the massive deployment of the technology would upscale conventional operations into a new digital experience, thus maximizing production, reducing cost, and minimizing the risks associated with oil and gas operations.

According to him, prior to the emergence of digital oil fields, individuals were sent out to the fields to read the meters, to know what was going on at the wellheads and other parts of the oil fields and other locations.

But currently, he said many devices can be deployed into the oil and gas ecosystem, oil fields, fuel stations, production centers, and other locations to gather, process, analyze and transmit data, targeted at optimizing operations.
The Executive Chairman said that proper collection, processing, analysis, and application of data can save the government, companies and other stakeholders many millions of dollars.

Mr. Ayoola, who noted the inadequate skilled local workforce as a major constraint hindering the adoption of the technology, said the company has concluded plans to train 10,000 indigenous human capital, required to drive operations, thus reducing the massive unemployment in Nigeria

He said: “There is huge unemployment in Nigeria. But with the training of 10,000 persons, we shall be consciously assisting to create additional employment for people, who could otherwise be employed. Besides the skills or expertise, they would acquire, the economic or financial benefit that comes with it empower them and their families, thus also stimulating the nation’s economy.”

While providing an insight, Mr. Ayoola pointed out that, “A digital oil field is a concept that combines business processes and management with digital Technologies to automate workflows for maximizing productivity, reducing cost and minimizing the overall risks associated with oil and gas operations.
“Certainly, information and data are important now. Prior to the emergence of digital oil fields, individuals were sent out to the fields to read the Meters, to know what was going on at the wellheads and other parts of the oil fields, including a flat stack of the wellheads, chemical tanks, and reservoir tanks, but today, the practice is different. Devices can be deployed into the oil and gas ecosystem, into the oil fields, into fuel stations and production centers, and other locations. We can collect data, and transmit wirelessly through our low power wide area network and we can ensure that the information is received safely. We can also process and analyze such information, targeted at optimizing operations and lesser cost.

“We provide better digital oil field services because we are the exclusive distributors of OleumTech, one of the largest producers of wireless IoT devices for use in the oil and gas industry. We can measure various things, from the flash stack, we can collect data from the separators to measure the flow pressure temperature and also provide a high-level alarm. Wellheads can be thoroughly measured, we can measure the pressures of the outer tubing the inner tubing where you can measure the temperature, and other things requiring action.

“This information can be transmitted as far as 25 kilometers to the base stations and the base stations will transmit it through the internet to the platforms for data analytics. They will receive the data and analyze and insert it into the models, thus getting information to guide the oil company on the adjustments to be made. Collecting the data, analyzing it, and using it can save many millions of dollars.

“In the upstream sector, we collect data from the wellheads, chemical tanks, separators, production tanks, and other facilities to ensure that they are working properly. In the midstream sector, we monitor the refining and other associated operations from the refineries to tank farms. In the downstream sector, the technology can also be deployed to monitor, check leakages and impact operations at many locations, including the depot, jetties, and filling stations.”

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