FG to launch centre to drive cost efficiency, others in oil sector

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COVID-19: FG, oil companies 've abandoned us, Niger Delta group cries outBy Michael Eboh

The Department of Petroleum Resources, DPR, Monday, disclosed that the National Oil and Gas Excellence Centre, NOGEC, designed to drive the three-pronged objectives of safety, value and cost efficiency in the petroleum industry, would be launched, January 21, 2021, by President Muhammadu Buhari.

In a statement by Head, Public Affairs of the DPR, Mr. Paul Osu, the NOGEC would be inaugurated virtually by the president, as part of efforts to boost the operations of the country’s petroleum industry and force down the cost of oil and gas production.

The DPR stated that the NOGEC complex, which would be situated in Lagos,  was structured to house the various flagship centres of the industry, in order to comprehensively cover key areas of the industry.

It listed the flagship centres as Search, Rescue and Surveillance, SeRAS, Command and Control Centre and National improved Oil Recovery Centre (NIORC).

Others are Oil and Gas Dispute Resolution Centre (DRC) , Oil and…



Source: Vanguard Newspaper