Business is booming.

Quality Petroleum Education to solve challenges of the energy transition, the boom in the gas sector- Wabote

Executive Secretary, Nigerian Content Development and Monitoring Board, NCDMB, Engr Simbi Kesiye Wabote, has stressed that there was an urgent need for the Federal Government and other stakeholders of the oil and gas industry to intensify efforts in the promotion of quality petroleum education and development of competent manpower which would help Nigeria meet the challenges of the ongoing energy transition and expected boom in the gas sector.

Wabote made the emphasis while giving a key recommendation at the convocation lecture he delivered at the Federal University of Petroleum Resources, FUPRE, Effurun, Delta State, titled “Defining the Value of Local Content in Petroleum Education.”

He canvassed that as western nations shift their attention from oil and gas and focus on the provision of funding, manufacturing of equipment, and development of supply chain to support their renewable energy sources, Nigeria and other hydrocarbon-rich countries needed to develop the requisite capacity and capability to produce and utilize their fossil fuel resources.

According to him, the ongoing debate and the deadlines being set in respect of energy transition underscored the need to develop home-grown skill sets to develop and manage the nation’s natural resources. 

He also stressed that “the narrative around energy transition has further revealed the need to ensure that there is a direct link between our petroleum education and the development and utilization of our hydrocarbon resources, so we can deal with any outcome of the transition.”

Commenting on the recent enactment of the Petroleum Industry Act 2021 and the Decade of Gas initiative, Wabote pointed out that those developments would not only engender investments and utilization of the nation’s estimated 600 trillion cubic feet of gas reserves but also lead to a boom in the gas sector, which would benefit discerning institutions, investors, operators, and service providers.

He added that “these scenarios require a robust petroleum education sector to ensure that our in-country skill sets are available and sufficient to support the exploration, development, production, and processing of hydrocarbon resources.”

The Executive Secretary charged educational institutions in Nigeria to prepare for the opportunities and challenges of energy transition and gas revolution by preparing a robust curriculum in petroleum education with the mindset of enabling Nigerians to develop and utilize our hydrocarbon resources using our home-grown technology.

The institutions should put require a greater focus on the development of top-notch graduates to enable the development of Nigerian hydrocarbon resources – especially gas, he canvassed.

This he further explained, “will ensure that we are not forced out from the development of hydrocarbon resources due to lack of technical capability as was the case with coal development in Enugu.”

He maintained that FUPRE was an institution devoted to petroleum education and should be at the forefront of preparing our manpower needs for any outcome or impact of Energy Transition.

He agreed on the need to add renewables to the global energy mix to ensure energy security but criticized attempts by the western world to demonize or de-marketing other energy sources as well as extracting commitments and setting unrealistic deadlines for countries to abandon fossil fuels.

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