• Saturday, April 27, 2024
businessday logo

BusinessDay

Nigeria can become Africa’s energy hub, says Oseragbaje

Time to collaborate on a workable energy mix for Africa

Nigeria must work to position itself as the energy hub of Africa, Ado Oseragbaje, chief executive officer of Heritage Oil Limited and Heritage Energy Operational Services Limited, has said.

Oseragbaje said this at the Nigeria Annual Conference and Exhibition of the Society of Petroleum Engineers in Lagos, according to a statement.

During a brief remark at the opening of the topical issues panel discussion at the conference, he said: “With the world seeking to transition to zero net emission by 2050, it is a matter of existential imperative for the Nigerian energy industry to appropriately contextualise its place in the fast-evolving scheme of things.

“At Heritage Energy Operational Services Limited (HEOSL), we believe the Nigerian industry holds a prime place in the global energy landscape. It is our expectation that today’s discussions will explore thoughts and ideas on how to best make the Nigerian industry realise its fullest potentials.”

HEOSL is the operator of OML 30 Joint Venture between the Nigeria Petroleum Development Company and Shoreline Natural Resources Limited, the statement said.

Oseragbaje called on industry players to engage in open-minded conversations on how best to position the Nigerian energy industry for sustainable profitability and relevance in the global energy space.