The Chief Executive Officer of MainOne, a premier telecommunications service provider, Ms. Funke Opeke, has advised stakeholders in the oil and gas industry on the usage of information communication technology (ICT) for  cost efficiency in Nigeria given the recent drop in oil prices, This Day reports.

She stated this  at the Lagos Oil Club Q and A Session for January, 2015 in her presentation “Enabling Oil and Gas Production with Advanced Connectivity Solutions”.

Opeke said: “The role of ICT is particularly critical in driving down costs and optimising operational efficiency in this period of falling oil prices. Oil and Gas companies need to adopt ICT solutions to maintain profitability. ”

Opeke also disclosed plans to extend the MainOne subsea cable to Cameroun as well as to the oil producing Niger Delta region. She emphasised how this would significantly improve connectivity services in the South-south region of Nigeria. She specifically noted the importance of this project for enhanced connectivity of digital oil fields to MainOne’s premier Tier III Data Centre, MDX-i.