News

Nigeria has joined other countries around the world in the focus on climate change by concentrating efforts in achieving net-zero Greenhouse Gas (GHG) emissions across various industries in the country.

COP 26 (United Nations Climate Change Conference) held in Glasgow in late 2021, focused on finalizing the Paris Agreement – a worldwide goal of reducing global temperatures to preferably 1.5 degrees Celsius – which provides a framework for financial, technical, and capacity-building support to countries who need it for combating climate change.

The Paris Rulebook, which outlines how the Paris Agreement is delivered, was finally established after years of negotiations and all Parties are bound by the contract to create actions and policies known as Nationally Determined Contributions (NDC), that aims at reducing greenhouse gas emissions and achieve climate neutrality by mid-century.

Nigeria, as a party to the agreement, is committed to this objective, and the government has passed laws to facilitate the same. It has pledged to reduce its current emissions by 50% by the year 2050 and achieve Net Zero by 2060. To aid this, the nation hopes to end gas flaring by the year 2030; a common practice that generates approximately 55 million tonnes of carbon equivalent per year, hence a major contributor to its greenhouse emissions.

The government, therefore, encourages technically and commercially sustainable gas flares-out projects in the oil and gas industry while ensuring strict compliance; as penalties are introduced for companies that continue to flare gas that could have been otherwise commercialized.

Oil and gas companies in Nigeria are now reviewing production from their assets with the aim of eliminating gas flaring and the penalties associated with it while meeting their environmental goals.

Together with our partners, AeonX Limited has executed a Flares-Out Front End Engineering Design (FEED) Project for one of the country’s major oil and gas companies, on one of its oil fields producing substantial amounts of associated flared gas.

The project featured the design of the compression facility and associated equipment for the onward evacuation of compressed gas to the nearest gas processing plant a few kilometers away. A multidisciplinary team of Process, Mechanical, Piping, Instrumentation, Civil, Electrical, Pipeline, Corrosion, and Safety engineers were put in place with proper interface management and bi-weekly meetings for seamless execution and delivery of the project.

Design and Model reviews were held at various points with the client during the project allowing for proper reviews of the base design concept and progress monitoring in line with overall project objectives. Hazards Identification (HAZID), Hazards Operability (HAZOP) and other key safety reviews were also conducted to challenge overall process safety and integration.

The project which was successfully completed on schedule and handed over, shall now proceed to further project stages and with it, the client will be cutting down on its GHG emissions, and supporting the federal government’s goals in achieving carbon neutrality by 2060.

AeonX Limited as part of its portfolio of services, is fully committed to providing bespoke carbon management solutions for the energy and environmental industries in Nigeria. We help companies’ structure robust technical solutions for gas projects and obtain carbon-neutral project funding from International markets that seek to reduce CO2 emissions. Quick wins include AG recovery/flares-out projects, which can also qualify for carbon funding while achieving zero flaring targets as set by the government.

Our commitment to the mitigation of, and adaptation to climate change falls squarely within our goals of protecting the environment and supporting Nigeria’s climate action initiatives while ensuring proferred solutions are technically and economically viable.