Oil & Gas

2017 NAICE: SPE aimed at disseminating, exchanging technical knowledge-Chair

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.

Also read: SPE-NAICE 2017: We’ll stop oil production if cost remains high – Kachikwu

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.


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