SPE BENIN AGM 2023 BOOKLET

Society of Petroleum Engineers, Benin City, Nigeria, Section 116 ANNUAL GENERAL MEETING JULY 22nd 2023

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 AGENDA 1. Opening Prayer 2. Welcome Remarks - SPE Section 116 Chairman 3. Reading of MOM of the 2022 AGM- Section Secretary 4. Annual Report of Section- Section Chairman 5. Adoption of Report 6. Presentation of Audited Financial Report for the year ended March 31, 2023 7. Awards Presentation i. CTY ii. Individual 8. Election of New Officers 9. Presentation of New Officers 10. Short Remarks by Section Sponsors 11. Vote of Thanks by Incoming Chairman 12. AGM Get together/Networking 1

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 (Waiting for this year speech to be inserted here) AN ADDRESS BY SPE BENIN CITY SECTION 116 CHAIRMAN ENGR. GODWIN UZOR AT THE 2023 ANNUAL GENERAL MEETING (AGM) HELD ON JULY 22ND 2023 AT VENUE, BENIN CITY. Dear Professional Colleagues, With utmost gratitude to God for another successful SPE year as a section, it is my pleasure to welcome members of the Society of Petroleum Engineers (SPE), Section 116, Benin City to the 2021 Annual General meeting (AGM). I would also use this opportunity to appreciate the teamwork of members of the section in achieving our set goals and furthering the SPE mission and vision in our great section. Indeed, the past year has been a tough year with COVID-19 restricting the flow of usual gatherings for section programs but as a team set out to achieve success, we have been able to successfully achieve our goals and program activities despite limitations posed by the restrictions. In this meeting, we would be presenting to our esteemed stakeholders our scorecard for the SPE year 2020/2021, as well as elect new officials that will handle the affairs of the Section in the next 12 months. Over the last 12 months, we attained the milestone of 30 years of furthering SPE’s mission and supporting our local members. This anniversary coincidentally ushered us into a new era for digital transformation where most of our events were delivered virtually or as hybrid events with few in-person gathering while adhering to the COVID-19 protocols. From the inauguration of the present board, we set out to conclude the SPE Benin Energy building, increase professional membership by 10%, sustain our professional, technical, community and membership programs, implement regular monthly technical meetings and fully launch SPE Benin Section website. Today, I am glad to announce that we exceeded our set performance targets at the end of the year. We grew our membership by 42%, achieved membership retention of 80% and delivered strategic programs to engage all demography in Section and Student Chapters. Therefore, I am very excited to congratulate all members of SPE Benin board and volunteers for our collective record achievements this year. We won several global recognitions and awards for the achievements. The most prestigious of these awards is the SPE International 2021 Presidential Award for Outstanding Section. This is the highest honor, recognizing the top 5% of 203 SPE Sections in 143 participating countries worldwide. SPE Benin Section was also recently recognized for SPE International bi-annual membership competition for achieving membership retention requirement. Besides, we received three (3) SPE International Student Chapter Excellence Awards won by University of Benin, Igbinedion University Okada and Afe Babalola University, Ado- Ekiti. More so, Benin Section professional members equally did us proud with several individual professional and technical awards which include SPE International Distinguished Membership award won by Engr Odunayo Oladugba, SPE Africa Regional Distinguished Achievement Award for Petroleum Engineering Faculty won by Professor Olafuyi Olalekan, SPE Africa Regional Service Award won by Engr Soro Augustine and SPE Africa Regional Technical Award in Production and Operations won by Engr Yomi Akinnurun. Lastly, I make bold to say I am proudly a member of SPE Benin Section. Thank you for the opportunity given to me to serve you as Section Chairman for two consecutive years. While, at the later part of this AGM, we hand over the boat of the Section to a brand-new Captain to continue to steer us on the path of greatness, I wish you all and our beloved Benin Section a resounding success in the coming years. 2

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 Below is a summary of our activities in the SPE 2022 – 2023 year. TECHNICAL MEETINGS/DISTINGUISHED LECTURE SERIES As a section, we were able to plan and execute both physical and virtual technical meetings, distinguished lecture series and technical paper presentations, we were able to virtually have our monthly technical lectures and three (3) distinguished lectures. And we recorded sixteen (16) technical paper presentations at technical meetings. YOUNG PROFESSIONALS NETWORK Our Young Professionals (YP) network continued to stand out amongst others, with the commitment of the YP Chair, the YPs were able to organize thirteen (13) ALP lectures. The YPs also had seven (7) monthly Lunch & Learn Series on varying discipline in the oil and gas industry. In continuance in making the students conversant with the operations in the oil and gas industry, the YPs held (3) physical field trips to NEPL Flow Station at Oredo, Benin City to learn the operations of the Flow Station and gain insight on crude oil processing, storage and transport. I want to use this opportunity to thank the YP Chair and all who contributed to the YP Programs Committee and the Student Committee for their efforts and determination in ensuring each program and visit was a success. STUDENTS ACTIVITIES During the period, our student chapters held monthly technical meetings, went on field trips, got sponsored by the section to attend the SPENC Student Technical Symposium & Exhibition 2023 as well as the Field Optimization and Economic Symposium hosted by the Section. Special appreciation to the Student Affairs Liaison and all the Faculty Advisors who assisted in coordinating and mentoring these students. MEMBERSHIP Our membership continued to grow steadily, with our paid membership tallying over 560 professional members and over 600 students’ members in the section. our membership recruitment campaign and transition for student members to professional members encouraged the increase in membership. May I use this opportunity to welcome our new members to the SPE family and I charge each one of you to participate in SPE programs and volunteer in various capacity to support our Section activities. Below is the current membership position of our section. 3

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 COMMUNITY We made commitments to disseminating technical knowledge and also reached out to our immediate community (members and non-members in the society) to support and show care for them through the SPE Cares Committee. Heartfelt appreciation to the SPE Cares Committee for their thoughtfulness in celebrating our members, putting smiles on the faces of children and being there to comfort members who lost their loved ones. FINANCE The annual audit of our finances was carried out in April, and the financial report is presented in this brochure. We will continue to fashion out ways of increasing the financial inflow of the society. ACKNOWLEDGEMENT We would like to acknowledge the contributions of all the individual, corporate institutions and academic institutions who have in one way, or another supported us over the last 12 months. Thank you for making our programs successful. Once again, thank you all for your contributions towards our beloved Society. I wish you fruitful deliberations in this Annual General Meeting. Thank you and God bless. 4

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The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 10

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 SPE BENIN SECTION 116 2022/2023 ACTIVITIES HIGHLIGHT 1. SUMMARY The 2022/2023 Board year was themed, “Excellence with a difference” and indeed it was. We thrived within despite challenges and progressed in our mission towards section excellence. We executed new programs and sustained our established Technical, Professional and Community programs. Strategically focusing on member- development, we exposed our members to panel session moderation, events anchoring, project planning, and technical knowledge development while executing our programs, resulting in an unprecedented increase in membership participation/growth. 2. TECHNICAL PROGRAMS 2.1 Field Optimization and Economic Symposium (FOPES 2023) The fourth edition of the Field Optimization and Economic Symposium (FOPES) by the SPE Benin Section was successfully delivered on the 26-27 April 2023 with theme, “Repositioning Nigeria’s Oil and Gas Industry Amidst Fiscal Stability: Attracting Investments, Reserves Growth and Energy Security”. The event featured 1 keynote presentation on the theme, 2 panel sessions, exhibition, technical paper presentations and awards. Title of the panel sessions and special presentations are as stated below: Panel Session I: Attracting Investments post PIA Reforms Panel Session II: Energy Security in Nigeria: Exploring reserves growth, local refining, and crude evacuation strategies. 11

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 2.2 Science Fair 2023. The 10th edition of the Science Fair Event was held on the 25th May 2023. The event was themed: Energy Champions: Expanding the Young Minds, Enhancing the Energy Landscape. In attendance was eighteen secondary schools within the Benin metropolis and eleven (11) schools exhibiting their science projects. Also, ICT sponsorship examination was conducted by students with the top 3 emerging students having N100,000, N65,000 and N35,000 for the First, Second and third places respectively. The event also featured presentation of awards to winner from the inter school debate and celebration of Children Day with the children present at the event. 12

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 3. Programs Executed. Over the past year, we executed 3 Distinguished Lecture series, 2 technical monthly meeting, 8 YP Lunch & Learn Series, 13 ALPs , 7 Ladies Forum outreaches, YP Social event, 3 Field Tours organized for student chapters, community, and membership programs as well as courtesy visits. Below is a pictorial representation of some of the professional programs. Young Professional Lunch & Learn Series Young Professional Social Event: Paint n Sip & Paintball 13

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 Student Chapters Field Trip to NEPL Oredo Flow Station 14

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 ALP & ENERGY4ME SESSIONS IN SCHOOLS 15

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 4. COURTESY VISIT We had the privilege of having courtesy visits to the management of NEPL in the past year. The visit was to welcome the new management team to the state, notify them about the section activities, and use the opportunity to invite them for upcoming SPE events both in our section and Nigeria. 5. COMMUNITY AND MEMBERSHIP. 16

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 YUSUF MATASHI SPE BENIN ENERGY HOUSE The 2022/2023 Board year led by Engr. Godwin Uzor was tasked with the responsibility of furnishing and operationalizing the SPE Benin Yusuf Matashi Energy House. This task has been successfully delivered as the furnishing of the building has been completed and the building has been used to host the Professional Development Training which held on the 13th of May as well as the SPE Nigeria Council Meeting/ NAICE Planning Meeting which held on the 24th of July 2023. The Council Leadership led by Engr. Felix Obike, used the opportunity to inspect the property and commended the effort of the section leadership. 17

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 AWARDS STUDENT CHAPTER EXCELLENCE AWARD UNIVERSITY OF BENIN AUCHI POLYTECHNIC EDO POLYTECHNIC STUDENT CHAPTER LEADERSHIP AWARD WINNERS 2023 Olaniyi Tolu Gabriel Blessing Imorame Olikiabo Osagie Andyreal Vice-President Assistant Membership Chair Membership Chair University of Benin Chapter University of Benin Chapter Federal Polytechnic, Ado-Ekiti Chapter YUSUF MATASHI CATCH THEM YOUNG 2023 S/N NAME OF NOMINEE SCHOOL POSTION 1. IYALEKHUE ETINOSASERE University Preparatory 1st in Benin Secondary School 2. EDESI CHRISTANEL Federal Government Girls 2nd in Benin College (FGGC) 3. LAURA AKIRI Federal Government Girls 3rd in Benin College (FGGC) 4. NIKORO ONAJITE PHELIM HIGH SCHOOL 4th in Benin DR. OLUMIDE PHILIP 2023 WINNERS 5. AJISOLA OLUWASEUNBABARA Afe-Babalola University, Ado Ekiti 18

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 PARTNERS 19

The Society of Petroleum Engineers, ANNUAL GENERAL MEETING 2023 Benin City, Section 116 Samuel Maxwell Section Administrator 20

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