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Adequate technology will address poor forecast, risks in oil industry  — Seplat

Adequate technology will address poor forecast, risks in oil industry — Seplat

The Executive Director, Operations, at Seplat Petroleum Development Company Plc, Mr. Effiong Okon, has said the right adoption of contemporary technologies like Artificial Intelligence (AI), big data and mobile technology will not only drive planning and forecast in the Nigerian oil industry, but will help in addressing like risks associated with the business.

FID on ANOH gas project taken

FID on ANOH gas project taken

Seplat Petroleum Development Company Plc, has taken a Final Investment Decision, FID, for Amukpe to Escravos 160,000 barrels of oil per day, (bopd), alternate export pipeline. This will provide a third export option for liquids production at Oil Mining Licences, OMLs, 4, 38 and 41 and will be coming on stream in the second quarter of 2019, Q2’19.