LONDON (Reuters) – From algorithms to track “dark” ships smuggling stolen crude oil to an online licensing system to undercut corruption, one Nigerian government agency hopes it can use new technology to tackle theft which has cost the country billions.
But the initiative by the Department of Petroleum Resources (DPR) may be too late to stem the migration of energy majors to the relative safety of drilling at sea, driven offshore by an illegal trade that Nigeria’s sprawling bureaucracy has for decades proved unable or unwilling to tackle.
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Security and Risk Report 29/03/23
MAST’s security report issue 366 is available to read now. In the Gulf of Guinea, a merchant ship has been boarded by armed men and