Society of Petroleum Engineers, SPE, mission was to collect, disseminate, and exchange technical knowledge concerning the exploration, development and production of oil and gas resources and related technologies for the public benefit.
SPE, Nigeria Council Chairman, Dr. Saka Matemilola disclosed this yesterday at the 2017 Nigeria Annual International Conference and Exhibition, NAICE.
The conference, with the theme, “Riding the Waves of Boom and Bust: Common Objectives, Diverse Perspectives”, Dr. Saka said SPE mission was to provide opportunities for professionals to enhance their technical and professional competence.
According to him, SPE has maintained its position as the foremost assemblage of petroleum professionals in Sub-Sahara Africa, adding that it has provided access to the industry’s key decision makers, latest industry innovations, best practices, state-of-the-art technologies, investment and market opportunities.
Dr. Salako stated that the petroleum sector remains pivotal in shaping the economic development globally, particularly in Nigeria, where bulk of export earnings is derived from petroleum export.
“The petroleum sector remains pivotal in shaping the economic development globally. This is especially so for Nigeria, where the bulk of our export earnings is derived from petroleum export.
“The current challenging global oil market environment provides a unique opportunity for the government to reform the petroleum industry and reposition it as a catalyst for industrial and economic development of Nigeria.
“Similarly, the industry at large must leverage the low oil price environment to evolve new strategies to improve operational efficiency. The array of personalities assembled at this event represents the full diversity of the best in the petroleum industry and provides us the hope that we can boldly look ahead to a bright future”, he added.
According to him, core of the conference was the technical programme, stressing that over 60 companies across the E&P spectrum would be exhibiting their latest innovations, technical products and services.
One of the sponsors of the conference, Chevron Nigeria Limited’s Chairman/Managing Director, Jefferey Ewing, while welcoming guests earlier, said his company sponsored the conference in order to show support for the vision and ideal of SPE, which according to him has over the years, brought together players in the oil and gas industry.
He added that the conference was aimed at sharing best practices for the development of the oil and gas sector in the country.
This year’s conference is expected to attract over 1000 delegates from across the full spectrum of the industry.
Dignitaries from the oil and gas industry are not left out in the three days conference going on at EKo Hotels and Suits, Lagos, Nigeria.