In October 2011, the world population is estimated to have hit seven billion and predictions are that in another 14 years this number will grow by another one billion. It is also expected that the per capita consumption of petroleum products will increase in emerging countries. This, along with the economic activities in China and India are expected to drive the increase in demand for petroleum. The challenge in the future is how to ensure that industry will supply and meet the world’s needs. SPE is positioned to help improve future supply by:

-          Broadening the use of technology that will increase the recoveries from existing finds
-          Finding ways to bring new finds (conventional and unconventional) to production quickly 
-          Reducing the amount of time taken to deploy new technology
-          Increasing membership to ensure access of technology to more practitioners
-          Investing in new SPE IT systems to deliver technology to our members very quickly
-          Assisting university faculties so that they attract good/young material 
-          Communicating to graduates that our industry is an exciting one
-          Sharing the good that the industry does to counteract the bad image that has emerged over the years
-          Helping address global challenges for unconventionals
-          Assisting in the “big crew change”; and how getting YPs engaged
-          Taking a role in information transfer

Overall, Mr. Imomoh will address the subjects above and will look for how we bridge the gap between where we want to be and where we are today; be it in deployment of technology, membership, or image.