Engineers and Brew Solutions Limited has positioned itself as a top provider of creative solutions within the oil and gas sector. The company's recent organization of the first Oil and Gas Measurement and Metering Summit in Accra highlights its dedication to fostering transparency and responsibility in the industry.
The summit, themed “Revealing Worth via Precise Measurement: The Secret to Optimized Performancegathered together industry professionals to talk about the significance of precise measurement and suggest methods to enhance the sector.
Professionals recommend accuracy to minimize damages and enhance openness
The conference provided a venue for professionals in the field to exchange insights and optimal methods related to measurement and metering, highlighting the significance of accuracy within the oil and gas industry. Focusing on reliable metering can help Ghana reduce losses, increase income, and promote openness in the sector.
In his speech during the summit, Mr. Reynolds Brew, the Managing Director of Engineers and Brew Solutions, highlighted that precise measurement is essential for improving efficiency, delivering value to stakeholders, and reducing waste and expenses.
He briefly mentioned, "Precise measurement is not only a technical necessity, but also a crucial business factor that can determine the success or failure of oil and gas projects. We need to focus on accurate measurement to realize the maximum potential of our sector."
Mr. Reynolds Brew also emphasized the major economic consequences of incorrect metering, referencing the PIAC 2024 report which stated that Ghana lost about US$170 million as a result of flaring 28.5 billion cubic feet of natural gas in the upstream oil industry. This loss signifies a considerable gap in revenue that might have been directed toward other beneficial uses.
Mr. Emmanuel Bedzrah, head of the Select Committee on Energy, urged the government to quickly obtain its own metering systems to guarantee high-quality and efficient operations within the oil and gas sector, along with effective monitoring and evaluation.
As per his statement, it would offer an autonomous way to confirm information from international oil producers and protect the country's resources.
"Those who have been conducting the measurements for us are no longer here, so they now handle their own measurements, and the only individual present is either from customs or GRA. We don't have any government-provided metering equipment to verify the producer's measurements or ensure accuracy. Therefore, we need to invest in metering systems and ensure quality to increase revenue," he said.
Mr. George Nii Tettey, a measurement engineer based in the UAE, emphasized the significance of precise metering in minimizing losses. He provided an example of an oil field that produces 100,000 barrels daily, where a 1% error in the metering system leads to an annual loss exceeding US$20 million.
"We should return to the fundamentals and examine the metering systems we've put in place over the years," Mr. Tettey stated. "Are they being checked? Are they being adjusted? Are they even approved before installation?" He highlighted the importance of ongoing reviews and controls to guarantee precise measurement.
The summit also addressed the importance of implementing advanced metering systems, including ultrasonic meters and co-release meters, within oil and gas operations. Mr. Tettey proposed check metering, in which one meter performs the primary measurement while another verifies the readings, as a method to detect and correct inaccuracies.
Present at the summit were leading figures from the oil and gas industry, CEOs and managers of specific companies, government officials, and more.
About Engineers and Brew Solutions Limited:
Leveraging its knowledge and dedication to quality, Engineers and Brew Solutions provides a variety of services such as detailed EPCI solutions, emission control and tracking, design and upkeep of metering stations, calibration support, and integration of SCADA systems.
Guided by the fundamental principles of accuracy, enthusiasm, and excellence, the company's team of specialists exceeds expectations, guaranteeing clients the most effective solutions tailored to their requirements. Having a demonstrated history of successful local and global projects, Engineers and Brew Solutions is the preferred collaborator for professionals in the oil and gas sector, offering dependable and effective solutions for metering and measurement requirements.
Provided by SyndiGate Media Inc. (Syndigate.info).