HomeBusinessTech investment, industry collaboration vital to energy growth — Coleman

Tech investment, industry collaboration vital to energy growth — Coleman

Managing Director and Chief Executive Officer of Coleman Technical Industries Limited, George Onafowokan, has called for increased investment in technology and stronger collaboration across the oil and gas value chain to boost innovation, improve efficiency and strengthen Nigeria’s manufacturing capacity.

According to a statement, Onafowokan made the call while speaking on the theme, ‘Driving Energy Innovation: Technology-Powered Pathways for Oil and Gas’, during a panel session at the 25th NOG Energy Week Conference and Exhibition held recently in Lagos.

He said technology had become the defining force shaping the future of the global energy industry, adding that manufacturing had evolved from being labour-intensive to technology-driven through automation and digital systems.

Onafowokan said, “Today, through automation and technologies such as programmable logic controllers, we have embedded quality assurance, quality control and health, safety and compliance into our production processes while significantly improving efficiency.”

He explained that modern production systems allow a

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