In line with Nigeria’s energy transition plan to attain zero routine gas flaring by 2035 and the nation’s increasing efforts to improve local participation in the oil and gas value chain, PE Energy has commissioned the nation’s first fully equipped facility for the full overhaul, maintenance, and recertification cycle of the High Integrity Pressure Protection System (HIPPS).
Speaking during the testing event carried out at their Centre of Excellence facility in Port Harcourt, Mr Daere Akobo, Group Managing Director of PE Energy said “we are proud to have achieved this significant milestone as the first in-country facility that can carry out the HIPPS recertification program. As the country makes incremental progress in the Energy Transition Plan, PE Energy is consistently identifying products and services that will aid the achievement of the net-zero flaring objective as well as core development of local capacity to support the industry. This is one more avenue to retain revenue in the country as organisations can now recertify their HIPPS in Nigeria thereby providing work that will boost local revenue generation.”
The High Integrity Pressure Protection System (HIPPS) is a type of safety instrumented system that is applied to prevent over-pressurisation by shutting-off the source of the high pressure. In traditional systems, over-pressure is handled by relief valves that vent to the atmosphere. These systems have obvious disadvantages such as release of flammable and toxic process fluids in the environment as well as flares that involve a large carbon footprint at installation.
With global attention on climate change and environmental protection, the oil and gas industry continues to explore more options to eliminate emissions while reducing impact on the environment. In Nigeria, over 80 HIPPS valves are currently installed with a combined value of investment being protected at an estimated $10B.
“Majority of these valves are due for recertification,” stated Akobo in a statement released to the media following the testing exercise conducted with its partner, Mokveld Valves BV. “Upon recertification, the valves will be restored for continuous safe duty while their probability of failure on demand (PFD) will be restored to its original value. With our facility, respective regulatory authorities in Nigeria are now aware and assured that HIPPS in use across the country can be kept healthy throughout their life cycle. This will protect workers, improve local capacity, as well as cost savings in millions of USD as process and pipeline equipment can now be designed in a lower pressure class.”
The testing event, attended by the NCDMB Port Harcourt Zonal Coordinator Madam Bethar Alaribe, and Engineer Lawrence Osakwe, Engineering Division Manager, Nigerian Agip Oil Company, also had in attendance Engr Afolabi Awe – Principal PACO Engineer SPDC, Engr Mike Dawodu – Discipline Lead Mechanical Engineering, SPDC, and Engr Cassidy Yayock – Lead Instrument, Control & Automation – Dover Engineering Limited.
PE Energy is a wholly owned Nigerian company focused on EPiiMtce (Engineering, Procurement, Integration, Installation and Maintenance) in Automation, Valves and Actuation, Measurement Solutions, Process, Water and Power Solution & Supply Chain Solutions. Operating from its Centre of Excellence facility at the Trans Amadi Industrial Layout in Port Harcourt, Rivers State for over a decade, the company has served notable multinational and local organisations in the oil and gas, manufacturing, and maritime sectors including Shell, TotalEnergies, Nigeria Agip Oil Company (NAOC), Chevron, Seplat and Nigeria LNG, amongst others. PE Energy maintains strategic partnerships with leading global original equipment manufacturers such as Mokveld Valves BV, Rotork, Valmet, Neway, Kitsnet and others in its valves and actuation solutions business.
This is real good news. But calling people earning 800 to 1000 dollars monthly (approx 400k to 500k naira monthly) minimum wage earners, and saying these persons are about 127 million in number is VERY VERY UNREAL. Out of approx 212m people, NBS statistics (Nov. 2022) says about 63 percent (133m) are multidimensionally poor. This leaves roughly 78m the bulk of which barely have anything to save after meeting their daily expenses.
So, I wonder which statistic these guys are referring to in their business plan. And if it they are truly relying on this their statistic for business growth,…..SMH!!!!!
Nairametrics, the content and subject of this article isn’t what was there when I posted my comment.