Data Intelligence As Key To Entrenching Transparency In Oil & Gas Industry

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Oil and gas industry experts have expressed collective opinion that Data Intelligence is becoming a global elixir to driving efficiency and transparency in the oil and gas business which thrives mainly on technology, writes CHIKA IZUORA.

Nigeria is swiftly gravitating toward adoption of trending technology to advance its oil and gas business. Nigeria’s oil and gas industry is still a major investment destination in Africa, grossing over 24.8 per cent of foreign direct investments coming to the continent.

And out of about $194 billion capital investment inflow into Africa for the period 2018 to 2025, $48.04 billion is expected to come to the Nigerian oil and gas sector for various development projects.

Thus, the oil and gas industry is an essential building block in the nation’s economic growth, which requires investment in technological tools that will support the growth trajectory initiative of government.

At the 2019 Nigeria Oil and Gas NOG Conference themed…



Source: Leadership Newspaper