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Our Big Data Products will boost Nigeria’s oil revenues if…. Huawei

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Joel Ajayi 


Technology solution provider, Huawei has stated that Nigeria can leverage its Big Data products to improve oil revenue as part of its digital transformation technology solutions available for the oil and gas sector.

 


Until 2020, the Nigerian National Petroleum Corporation (NNPC) had been operating for 44 years at a loss which experts say, is occasioned mainly by inefficiencies in the system.


The NNPC’s turn to profitability, revealed in its 2020 Audited Report – released in September 2021 – can be further strengthened by the application of data and digital transformation technologies.The solutions can deliver a boost in Nigeria’s oil production of up to five percent and improve revenue by up to $200 million annually.


Enterprise Managing Director of Huawei Technologies Company Nigeria Limited, Michael Zhuang, revealed this at the 2020 Nigeria International Petroleum Summit, NIPS, saying that the company has been operating in Nigeria for over two decades supporting local and international companies with latest technology.


Zhuang, at the session hosted by Hauwei with the theme: Driving Data to Barrel, said Huawei “is dedicated to promoting digital transformation and reducing the digital gap in all industries.The project aims to build fully connected intelligent oil and gas ecosystems. 


 “In Nigeria, we have partnered with both International and local oil Companies in Upstream, middle stream and downstream to promote Oil & Gas digital transformation and we remain committed to continuously provide our support and innovation”.

He noted that the company’s Oil & Gas solutions have been applied in 45 countries and regions around the world, serving 70 percent of global top 20 oil and gas companies.


 “We have incorporation to build more than 46,000 KM of Digital Pipelines Globally”, he added.


On how the company intends to plan to drive data to barrel, he said for upstream the company would speed up oil search and search accuracy.


“For Production data, we increase production and reduce costs and for Pipeline data, we monitor oil depot data to reduce oil stealing and oil leakage. With emerging trends like Big Data, IoT, AI, 5G and Cloud, Oil & Gas industry players can improve oil well drilling efficiency and HSE management.”


“Huawei’s mission is to promote digital transformation and reduce the digital gap across all industries. For the Oil & Gas industry in Nigeria we have several targets such as; improving production by about 5% to boost revenue and the GDP; HSE can be greatly improved to reduce accidents for a safer and more secure Oilfield; O&M cost can be reduced each year to 15 Million in total; Visualization, Monitoring and Security Management of Pipeline and Full process of Oil Depot; Curbing of vandalism and Oil leakage for Oil Pipelines by providing innovative solutions which can monitor illegal operations in Oil Depot, thereby significantly reducing oil tampering; Ensure the E&P processing speed will be reduced from the average hour level to the minute level; Improve E&P processing accuracy, that is, E&P Data processing error rate will be reduced from an average of 10% to 2%; help E&P companies to find oil more accurately and faster to realize Data to Barrel.”


Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. Huawei has more than 197,000 employees, operating in more than 170 countries and regions, serving more than three billion people around the world.

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Huawei to invest $150 million in digital talent devt

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Huawei says it plans to invest US$150 million in digital talent development over the next five years, noting that the programme will be beneficial to about 3 million youths.


“We are announcing Huawei’s Seeds for the Future Program 2.

0. As part of our commitment to continuously develop talent, we will invest US$150 million in this program over the next five years and help college students and young people improve their digital skills. This program is expected to benefit another 3 million people,” said Huawei’s Chairman Liang Hua.


The Minister of Communications and Digital Economy, Dr Isa Pantami, stated that “Nigeria is positioning to be the continent’s leader in digitalisation. Burkina Faso already has a ministry of digital economy but we have so many advantages” The advantages, according to him, include the country’s population and location, the contribution of the ICT to Gross Domestic Product, and the level of the ICT literacy among Nigerians.


He added that the government would henceforth be proactive in the ICT through effective application of emerging technologies such as Artificial Intelligence, Internet of Things, Robotics, and Virtual Reality.


He noted that in a few years, Nigerians might no longer need to travel to India or other foreign countries for medical treatment, as surgeries could be performed on patients anywhere in the world by means of 5G technology.


He urged the 10 Nigerian students selected from different institutions for the Huawei internship programme to see themselves as future entrepreneurs in order to make the best of the opportunity.


“The ICT has the potential of employing and lifting millions of Nigerians out of poverty,” the minister added.
He commended Huawei for investing in the youths as part of its corporate social responsibility engagements.


The Managing Director of Huawei Technologies Nigeria Limited, Mr Trevor Liu stated that Nigeria has the largest population in Africa. These youth are the continent’s greatest resource which will power the economy in the future.


Huawei partners with the Nigerian governments, education institutes and industry to equip the future leaders with the latest knowledge at the highest global levels and provide them opportunities to apply the knowledge in order to achieve a better future for the continent.

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