The Managing Director of Fodax Nigeria Limited, Raphael Biu, has said technology is critical to the growth of oil and gas sector.
According to Biu, embracing technological advancements is essential for companies to thrive in an increasingly competitive landscape.
Biu stated this in a statement on Friday.
He said, “In this ever-evolving sector, driving innovation while adhering to safety and quality standards is vital. We must leverage technology to meet industry demands.”
According to the statement, Biu has significantly transformed petroleum terminal operations and logistics management over his 15-year career.
The statement partly read, “His leadership at Fodax has led to a remarkable 65% reduction in maintenance costs, enhancing operational efficiency and safety.
“His vision positions him as a transformative leader dedicated to advancing Nigeria’s energy landscape.”
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