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Cyphercrescent Donates USD 1.5m Sepal Software To AUST

On Friday, 18th August, 2017 CypherCrescent Limited, an oil services company based in Port Harcourt, Rivers State donated fifteen (15) licences of SEPAL software, worth over US$1.5 million to the African University of Science and Technology (AUST).
Cyphercrescent Donates USD 1.5m Sepal Software To AUST

R-L:- Professor Kingston Nyamapfene, President AUST, receiving the Sepal software from Mr. ThankGod Egbe (far left), Technical Director, CypherCrescent Ltd while Professor David Ogbe (middle), Head, AUST Petroleum Engineering Department, watches.

While AUST is the first institution to receive such a donation, at the ceremony during which the material was formally handed over, Mr. Egbe indicated that CypherCrescent is now also working with the Committee of Heads of Petroleum Engineering Departments in Nigeria (CHPED), with a viewto making similar donations to selected institutions as part of a Technical Research Support Initiative (TRSI). Mr. Egbe said that the company considered AUST as the first to benefit from this donation because of the high academic standard shown in the past by past and present students of the university, from whom it has drawn both interns and regular employees.

In his welcome address, the highly elated President of AUST, Professor Kingston Nyamapfene thanked Mr. ThankGod Egbe and the entire staff and management of CypherCrescent Ltd for considering AUST to be the first beneficiary of this Sepal software donation. He also thanked Professor David Ogbe, Head, Petroleum Engineering Department for his efforts in initiating the process with CypherCrescent.

He said the donation would be a milestone in the history of the institution as it constitutes a significant contribution to the university’s instructional and research asset base. The President also noted how CypherCrescent’s donation represents an admirable demonstration of the kind of philanthropy we do not see much of in Africa and should serve as an example we should all try to emulate. He made a commitment that AUST would take appropriate steps to make effective use of the software, especially as it will complement some of our ongoing initiatives, not just in the Petroleum Engineering program, but also, for example, the newly created M.Sc. Program in Mathematical Modelling. There is ample scope for its use by students and faculty in the other disciplines, especially Mathematics and Computer Science.

To ensure effective use of the SEPAL software, Mr. Egbe promised that CypherCrescent would organise a one-week free training on the use of the software as a business intelligence tool for well and reservoir management. According to him, the software and training would not only enhance the learning experience of AUST students, but will also equip them with the kind of skills they will need to become effective in the industry on graduation.

Following a presentation by Mr. Egbe on the work of the company and how the software, developed by a completely indigenous team benefited from his own love for the linking of knowledge in Mathematics, Software Development and applications in Petroleum Engineering, Professor Charles Chidume, Academic Vice President and Director of the Maths institute, joined the president in thanking Mr. Egbe for their rare donation. He praised him for his demonstration of the importance of mathematics to engineering and related disciplines,which, according to Mr. Egbe’s testimony, led to the success story being enjoyed by CypherCrescent. Prof. Chidume stressed that, starting from the next academic year AUST is making it compulsory for all the departments to put all new M.Sc students through a three-month Mathematics “academy” to ensure that they all have a solid mathematical foundation before proceeding to tackle the practical subjects in each of their disciplines.

It is noteworthy that SEPAL is an innovative and novel technology developed by CypherCrescent for efficient well and reservoir management/analysis. It is the first of its kind in the industry for end-to-end well and reservoir management (WRM) as it integrates data from the five core WRM disciplines (Reservoir Engineering, Production Technology, Petrophysics, Production Geology and Asset Well Engineering).

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