Society of Petroleum Engineers Europe Limited

In 1957, the organization was officially inaugurated as SPE, a constituent society of AIME. SPE became a separately incorporated organization in 1985. The Society of Petroleum Engineers Europe Ltd is a non-profit, charitable organization allotted to the safe and efficient exploration and production of crude oil and natural gas resources for the assistance of all humans. They will do Crude oil and natural gas integrates the elementary source of power generation throughout the world. Whether as a fuel for electricity generation, transportation, cooking our food, or heating our homes, oil and gas fuel the world and affect everyone’s standard of living. SPE Europe is one of the existences of Society of Petroleum Engineers (SPE) Stiching, coordinated under the laws of The Netherlands, which is the administrating organization for SPE worldwide. Oil and natural gas also are elementary source for the manufacture of many products such as fabrics, pharmaceuticals, plastics, and cosmetics. SPE members are also engaged in educating the general public about the oil and natural gas industry – how we do it, what we do, and why it is important to the world economy. While coming to Technology Advancements SPE meetings and workshops allow industry professionals to exchange technical information that will result in more efficient advancement of oil and gas resources, which contributes more fuel at a lower cost to the world economy. SPE strongly guides industry R&D efforts, endeavouring technical information to assist companies in enhancing exploration and production technology.