The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) held its annual Energy and Labour Summit (PEALS) in Abuja, focusing on critical issues in the oil and gas industry. Here’s a summary of the key points:
- Event Overview: PEALS 2024 took place over three days with the theme: “The Future of Nigeria’s Oil and Gas Industry: Energy Mix, Energy Security, Artificial Intelligence, Divestment, and Crude Oil Theft.” It gathered industry experts, government officials, policymakers, and labor leaders to discuss pressing topics affecting the sector.
- Purpose and Impact: Since its inception three years ago, the summit has aimed to address gaps in existing conferences and seminars by focusing on the impact of policies on the workforce. PENGASSAN President Festus Osifo highlighted that previous resolutions from the summit have been applied to improve members’ lives and job security.
- Focus Areas:
- Energy Mix: The summit emphasized the need for a diverse energy mix, including renewable sources and natural gas, to ensure environmental sustainability and meet evolving energy needs.
- Energy Security: Discussed strategies to enhance Nigeria’s energy security.
- Artificial Intelligence: Explored the role of AI in the industry and its implications for the workforce.
- Divestment and Crude Oil Theft: Addressed issues related to divestments in the sector and strategies to combat crude oil theft.
- Commitment to Change: Osifo expressed PENGASSAN’s commitment to navigating the industry’s challenges and opportunities with resilience and forward-thinking strategies to ensure sustainable development and innovation.
The summit continues to serve as a vital platform for discussing and addressing key issues impacting Nigeria’s oil and gas industry and its workforce.
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