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August 11, 2010

 

Participants call for more investments in oil and gas as 34th edition of SPE Conference ends in Calabar.

 

 

The 34th edition of the Nigeria Annual International Conference & Exhibition (NAICE) of the Society of Petroleum Engineers (SPE) came to a close in Calabar, on August 7th, 2010 with many of the participants emphasizing on the major challenges of short term planning and the low level of investments in Research and Development in the oil and gas industry.


The conference with the theme "Meeting World’s Energy Supply and Demand Mix: The Role of Africa" attracted petroleum engineers from the oil and gas industry, academics, students and many others who have a stake in hydrocarbons, especially in the Gulf of Guinea.


Declaring the conference open on Thursday July 31st, the Cross River State governor, Senator Liyel Imoke remarked that the hosting of the conference in Calabar, is a clear signal to the world that the Niger Delta is indeed getting better and events of this magnitude can hold without any major security concerns. He noted that Federal Government was winning the fight against violence and militancy, necessitating the return of peace and renewed interest in the region.


He explained that the theme of the conference "Meeting World’s Energy Supply And Demand Mix: The Role Of Africa" was significant in view of the role Nigeria plays in the oil and gas industry, pointing out that Nigeria remains one of the leaders in the industry with a lot more potentials that still need to be tapped.


While commending the role SPE was playing a significant role in generating ideas and nurturing talents, Governor Imoke said his administration was ready to partner with the industry by providing the enabling environment for companies to thrive and do business in a secure atmosphere.


Also speaking, the Special Adviser to the President on Petroleum Matters, Dr Emmanuel Egbogah, advocated the need to Africanise the conference by inviting industry players, policy makers and governments from other countries.


The President of SPE International, Mr Beroose Bharti, who was represented by SPE’s Africa Regional Director, Mr Alek Musa, while commending the Nigeria Council of SPE, said the theme for this year’s conference was apt, particularly as Africa continues to play key roles in meeting worlds energy demands.


He noted that Nigeria, Algeria and Angola were among the top 20 countries in the world, with Nigeria being among the top 10 world reserves and having unparalleled gas resources.


While stating that collaboration and innovation were required to enhance and advance the industry, he noted SPE was growing in Nigeria, with a dedicated student programme, which he says represents a solid foundation for the future of the industry.


He expressed the determination of SPE to continue to hold events that will advance the cause of the industry and seek solutions for today and the future.


Earlier, the Chairman of Nigeria Council of SPE, Mr Anthony Abolarin, had welcomed all the dignitaries and participants, saying the conference offers another opportunity to exchange ideas that will move the industry forward, thus contributing to meeting world’s energy demands.


The conference which had actually kicked on Saturday July 31st featured short courses on petroleum related subjects. Two panel sessions were held with themes, "Imperatives for financial investment in energy research and development in the Sub-Saharan Region" and "Legal, financial and political framework for Energy Development in the African Sub-Region : The journey so far".


Other highlights of the week-long programme include: technical sessions on key issues in the industry, corporate exhibitions, Niger Delta Dinner, Industry Night and Annual Banquet.

Other dignitaries in attendance were the Deputy Governor of Cross Rivers State, Mr Efiok Cobham; the Special Adviser to the President on Energy Matters, Dr Emmanuel Egbogah; the Group Executive Director, E & P of NNPC, Mr Phillip Chukwu; several chief executives of oil and gas companies, academics, media practitioners, students and others.


Various organizations including Total Upstream Companies in Nigeria, Shell Petroleum Development Company, Addax Petroleum, ExonMobil, Chevron, the Niger Delta Development Commission (NDDC), Schlumberger, Baker Huges, Welltec, Aftrac Limited, Geoplex, Exterran Nigeria Limited, Typha Cenia, Nipex, Laser Engineering & Resources Consultants Limited and the Institute of Petroleum Studies exhibited at the conference.


The photographs below capture the opening ceremony.




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