HUAWEI Technologies, a Chinese multinational tech company, said it has developed a technology called the Intelligent Pipeline Monitoring System to help tackle crude oil theft in Nigeria.
A statement quotes Huawei Nigeria Enterprise Business Director Mr Li Wei as saying this while speaking on the sidelines of the Nigerian International Energy Summit in Abuja.
The conference, which began on February 27, will end on March 3, 2022.
Wei said: “Huawei has developed a fiber vibration intrusion warning system that uses artificial intelligence to accurately identify intrusion scenarios, with high identification accuracy, precise positioning and response. fast, this will help keep pipelines safe and reduce theft and vandalism.
“With the continued fluctuation of international oil prices, Huawei believes that the digital transformation of Nigeria’s upstream industry is a major concern.
“In response to the strategy proposed by the Nigerian government and oil companies, Huawei Technologies is promoting IoT and Exploration & Production digital storage solutions for oilfields.
“It will help oil and gas companies achieve real-time visualized production, improve production efficiency, reduce production costs, and optimize production resource allocation to improve oilfield production. ”
Wei said the company has signed an ICT academy agreement with more than 110 universities and schools and has trained more than 1,000 civil servants and 40,000 young students in Nigeria.
He further spoke saying that Huawei Technologies will provide high quality ICT solutions and services, and will deliberately support the Nigerian government in building a talent ecosystem.
Wei said, “We hope to build a strong talent base camp to promote Nigeria’s digital economy. He added.
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