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, in line with Nigeria’s energy transition plan to achieve zero routine gas flaring by 2035 and the country’s increasing efforts to improve local participation in the oil and gas value chain (HIPPS).
Mr Daere Akobo, Group Managing Director of PE Energy, expressed delight during the testing event held at their Centre of Excellence facility in Port Harcourt, that the company had achieved this significant milestone as the first in-country facility capable of carrying out the HIPPS recertification programme.
He further said that as the country moves forward with the Energy Transition Plan, PE Energy is continually identifying products and services that will aid in the attainment of the net-zero flaring goal, as well as a key development of the local capacity to support the industry.
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According to him, there is another way for organizations to keep income in the country because they can now recertify their HIPPS in Nigeria, generating work that would improve local revenue creation.
“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, overpressure is handled by relief valves that vent to the atmosphere. These systems have obvious disadvantages such as the release of flammable and toxic process fluids in the environment as well as flares that involve a large carbon footprint at installation.
Speaking further, he said, “with global attention on climate change and environmental protection, the oil and gas industry continues to explore more options to eliminate emissions while reducing the impact on the environment. In Nigeria, over 80 HIPPS valves are currently installed with a combined value of an investment being protected at an estimated $10 billion”.
This story was adapted from ThisDay.
