Security of Oil and Gas Sector Data: Petroleum Minister Advocates

-

In the Nigeria oil and Gas sector, the federal government has been advised to develop policies and legislation that will help in the protection the oil and gas industry’s vital data against cyber-attack.
The Technical Assistant (Gas Business & Policy) to Minister of State for Petroleum Resources, Justice Derefaka, made the call on during a panel session at the ongoing 2020 edition of the Nigerian International Petroleum Summit (NIPS) holding in the nation’s capital, Abuja, Nigeria.

Again, “Government need to develop policies and legislature to address the threat to data. Use of information technology and operational technology exposes the industry and renders it vulnerable to cyber-attack” Derefaka told the audience.

From him message, sharing of intelligence among operators in the industry and simulating situations before cyber-attacks can help decreace vulnerability.

Lending his voice to the issue, Amusa Babatunde Adeyemi, Senior Account Representative, Huawei Enterprise Energy Business said that legislation is important in addressing the issues of data vulnerability in the industry adding that the ability of the different technologies used in different operations in the industry to inter- operate with one another will greatly reduce exposure and vulnerability.

Earlier, Dan David, Managing Director, CyberSocAfrica, told delegates at the summit that the use of technology, despite its benefits, also exposes the oil and gas industry to threats.

“The oil and gas industry is marching towards digitalization and adoption of new technologies. The use of new technology is also to check the attack of cyber security issues in order to make the industry more secure and safe,” David revealed.

The gathering also featured key industry players such as Alex Nachi Tarka, President, Nigerian Association of Petroleum Explorationists, Gbenga Onadeko, Senior Vice President, USA and Carribeans, Welltec, Richard G. P. Llewellyn, Managing Director, Benchmark Geophysical Consulting Limited, as well as Omar Farouk Ibhahim , Secretary General, Africa Petroleum Producers Organization (APPO).


The session emphasized the impact of technology, policy, social, and changes in business model on the demand and supply sides of the oil and gas business. It also suggested plausible scenarios that policy makers can adopt as a response to various challenges in managing emissions and participating in infrastructure development.

Comments

Post a Comment

Popular posts from this blog

THE IMPORTANCE OF OIL DEPOT IN THE OIL AND GAS INDUSTRIES

-
Image
An oil depot (sometimes called a tank farm, installation or oil terminal) is an industrial facility for the storage of petroleum and / or petrochemical products and from which these products are generally transported to end-users or other storage facilities. An oil depot usually has a tank, either above ground or underground, and gantries (frame) for spilling products in tank trucks or other vehicles (such as barges) or pipelines. Oil depots are usually located near oil refineries or in places where tankers containing products can unload their cargo. Some deposits are attached to pipelines from which they draw their supplies and deposits can also be fed by rail, barge and tanker (sometimes called "bridge"). Most oil depots have tank trucks that operate from their land and these vehicles transport products to service stations or other users. An oil depot is a relatively unsophisticated facility in that (in most cases) there is no processing or other processing on the si
Read more

Typical flare system in industrial plants

-
Image
 Diagrammatic representations of a typical vertical, elevated flare stack system in an industrial plant. During operations, when industrial plant equipment items are over-pressured, the pressure relief valve is an essential safety tool that automatically releases gases and sometimes liquids. Those pressure relief valves are essential by industrial design codes and standards as well as by law. The released gases and liquids are directed through large piping systems known as flare headers to a vertical elevated flare. The escaped gases are burned as they exit the flare stacks. The size and brightness of the resulting flame is determined by the flammable material's flow rate in joules per hour (or btu per hour). Majority of industrial plant flares have a vapour-liquid separator(also called a knockout drum) upstream of the flare to remove any large amounts of liquid that may go along with the relieved gases. Steam is f
Read more

The Oando forensic audit is delayed

-
Image
The delay of the Nigerian oil and gas company Oando plc's judicial audit by the Securities and Exchange Commission, SEC, is caused by "payment to auditors and other logistical problems," PREMIUM TIMES has learned. A senior SEC official told PREMIUM TIMES on Tuesday that the regulator was working to open the audit after the holidays, in 2018. The source, who spoke under strict conditions of anonymity, also referred to some of the challenges faced by the organization in the area of ​​logistics and payments to be made to external auditors. On December 5, the SEC informed Nigerians that the judicial audit of the company would begin as of the next day of notification.  But PREMIUM TIMES reported Monday that two weeks after the announcement, the regulator had not started the audit yet . "You know they (external auditors) are from the private sector and this exercise also requires money."   There may be some concerns about the payment because the auditors would
Read more