Ekpenyong made the assertion in his presentation at the Oil Well Intervention Conference West Africa’s Leading Well Intervention Conference, at the Sheraton Hotel in Ikeja, Lagos, Nigeria.
Kenyon International has been advocating for a renewed focus on developing the country’s brownfield sites. The company has demonstrated success in revitalising similar sites across Nigeria, bringing in innovative technologies and expertise to maximise production efficiency and economic returns. The CEO also emphasised the importance of collaboration between the government, private sector, and local communities to realise the full potential of these brownfields. “It is imperative that we create an enabling environment for investment and innovation. By working together, we can transform these dormant fields into productive assets that contribute significantly to Nigeria’s economy.”
The company has deployed anti-theft technology to deter external interference, reactivate idle well assets, and boost production to unlock the value of Nigeria’s brownfields. It has also admonished operators to maintain high industry best practices by working with only competent contractors and deploying emerging technologies to tackle critical challenges in brownfield assets.