Nigeria’s Oil Sector Faces Urgent Need for Exploration and Innovation
The Nigerian Association of Petroleum Explorationists (NAPE) has raised concerns about the future of Nigeria’s oil production, warning that without immediate action, the country could see a decline in its output in the coming years. Johnbosco Uche, the president of NAPE, emphasized the importance of renewed exploration efforts and investment to secure long-term energy stability and sustainable development.
Uche made these remarks during a media event ahead of the 43rd Annual International Conference and Exhibition of NAPE, which will be held from November 9 to 13, 2025, in Lagos. The conference is themed “Revitalising the Nigerian Petroleum Exploration and Production Strategies for Energy Security and Sustainable Development.” This theme highlights the urgent need for Nigeria to ensure energy availability, stability, and affordability while preparing its oil and gas industry to remain competitive in a rapidly evolving global energy market.
“The theme speaks directly to the heart of Nigeria’s national priorities—ensuring energy availability, stability, and affordability, while also positioning our petroleum sector to thrive in a rapidly changing global energy environment,” Uche said.
He pointed out that as the energy transition accelerates, Nigeria faces a dual challenge: maintaining current levels of petroleum exploration and production while building a diversified, low-carbon energy future. To achieve this, he stressed the need for deliberate policy alignment, increased investment, and a renewed focus on exploration.
Key Actions for Sector Revitalization
Uche outlined several urgent actions required to reposition the sector. These include:
- Reigniting mature basin exploration through a review of well classification to attract investment.
- Refocusing exploration strategies among international oil companies and independent operators.
- Boosting production capacity through optimized field development and the use of modern technologies.
“These measures are crucial if we are to meet the nation’s 2030 target of three million barrels of oil per day and 12 billion cubic feet of gas per day,” he added.
In addition, Uche called for accelerated gas development as a transition fuel to power industries, drive economic growth, and support Nigeria’s move toward cleaner energy. He highlighted the need for new seismic data acquisition, stronger geoscience research, and enhanced collaboration between government, industry, and academia to drive innovation and build capacity.
A Pivotal Gathering for Stakeholders
The 43rd NAPE Annual Conference will serve as a platform for discussing these critical issues. The event will feature an Opening Ceremony and All-Convention Luncheon, Executive and Technical Sessions, and an Awards Ceremony at the President’s Night and Awards Night. Uche described the 2025 edition as “a pivotal gathering” for stakeholders as Nigeria works toward economic stability and energy independence.
“As we strive to achieve economic stability and energy independence, our actions today must secure the energy of tomorrow. NAPE remains committed to working with all stakeholders to ensure that Nigeria’s petroleum industry continues to be a catalyst for development and sustainability,” he said.
Uche also expressed appreciation for the media’s continued support, highlighting their role in shaping public understanding of the energy sector.
“Your role in amplifying the national energy conversation remains invaluable. Together, let us continue to ensure that our ideas continue to find oil and gas,” he said.
The opening ceremony is scheduled to take place on Monday at Eko Hotels and Suites, Victoria Island, Lagos.