SPE Nigeria council gears up for NAICE 2024
The Society of Petroleum Engineers (SPE) Nigeria Council is set to host the 47th edition of the Nigeria Annual International Conference and Exhibition (NAICE) 2024 in Lagos next month. The event, themed “Petroleum Industry Value Chain Optimisation: The Inevitability of Midstream and Downstream Development,” aims to provide a comprehensive platform for industry professionals, stakeholders, and enthusiasts to discuss advancements in the petroleum sector, particularly focusing on the midstream and downstream segments of the value chain.
Enhancing Efficiency and Sustainability
NAICE 2024 will emphasize the importance of optimising the midstream and downstream sectors to enhance efficiency, ensure sustainability, and maintain competitiveness in the petroleum industry. The conference will feature high-profile sessions, keynote addresses, and technical discussions aimed at driving innovation and growth.
“The development of midstream and downstream sectors is inevitable to enhance efficiency, ensure sustainability, and maintain competitiveness,” stated Salahudeen Tahir, Chairman of SPE Nigeria Council. “By adopting a comprehensive and integrated approach, leveraging technological advancements, and adhering to regulatory frameworks, the industry can achieve significant improvements in both profitability and environmental performance.”
Key Highlights and Sessions
The conference will feature a variety of engaging and informative sessions, including:
– Young Professionals’ Workshop: This workshop will focus on fostering the next generation of petroleum engineers by providing them with valuable insights, mentorship, and networking opportunities.
– Women Leadership Programme: This program aims to highlight the contributions of women in the petroleum industry and provide a platform for discussing strategies to enhance gender diversity and leadership opportunities.
– Oil Industry Night & Awards Dinner: An elegant evening dedicated to celebrating the achievements and contributions of individuals and organizations in the oil and gas sector.
– Family Recreation Activities: These activities are designed to offer a fun and relaxing environment for attendees and their families to unwind and network in a more casual setting.
– Exhibition: The exhibition will showcase the latest technologies, products, and services in the petroleum industry, providing a platform for companies to demonstrate their innovations and engage with potential clients and partners.
Panel Discussions and Workshops
NAICE 2024 will also include two key panel sessions and a Topical Issues Workshop, providing a deep dive into critical areas of the petroleum industry:
– Panel Session 1: Unlocking Upstream Value: Developing Markets, Trade Access, and Facilitating Partnerships in the Midstream and Downstream
This session will explore strategies to unlock value in the upstream sector by developing markets, enhancing trade access, and fostering partnerships in the midstream and downstream segments.
– Panel Session 2: Energy Security: Exploring the Interplay Between Technology, Market Dynamics, and Organizational Capabilities
This discussion will focus on the interplay between technology, market dynamics, and organizational capabilities to ensure energy security and sustainable development in the petroleum sector.
– Topical Issues Workshop: The Outlook of the Nigerian Oil and Gas Industry, Post IOC Divestments and Exits: Challenges and Opportunities
This workshop will delve into the future landscape of the Nigerian oil and gas industry, examining the challenges and opportunities arising from the divestments and exits of International Oil Companies (IOCs).
Driving Innovation and Growth
NAICE 2024 aims to drive innovation and growth in the petroleum industry by fostering a collaborative environment where industry professionals can share knowledge, discuss challenges, and explore new opportunities. The event will bring together experts from various segments of the petroleum value chain to discuss the latest trends, technologies, and strategies for optimizing the midstream and downstream sectors.
Tahir emphasized the importance of collaboration and innovation in achieving the goals of the conference. “By bringing together industry professionals, stakeholders, and enthusiasts, we can foster a collaborative environment where new ideas and solutions can be developed. This is essential for driving innovation and growth in the petroleum sector.”
The Role of Technology and Regulation
One of the key themes of NAICE 2024 will be the role of technology and regulation in optimizing the petroleum industry. The conference will explore how advancements in technology can be leveraged to improve efficiency, reduce environmental impact, and enhance profitability in the midstream and downstream sectors. Additionally, discussions will focus on the importance of adhering to regulatory frameworks to ensure sustainable development and maintain industry standards.
“The integration of advanced technologies and adherence to regulatory frameworks are crucial for optimizing the petroleum industry,” Tahir stated. “By leveraging these factors, we can achieve significant improvements in both operational efficiency and environmental performance.”
