Dr. Lateef Akinpelu is a lecturer at the Department of Petroleum Engineering, University of Ibadan where he teaches and conducts research in Production Engineering, Artificial Lift Methods, Production Systems Analysis, Petroleum Economics and Risk Analysis in Oil & Gas Investments. He holds a B.Sc in Petroleum Engineering from the University of Ibadan and an M.Eng Degree in Petroleum Engineering from the University of Port Harcourt. He also has an MBA Degree from St Mary’s College, Moraga, California. His recent research included study of the Fiscal Regimes and Design of Alternate Fiscal Regime(s) for Optimal Exploitation of Nigerian Oil & Gas Reserves, Investigation of the Impact of the New Petroleum Industry Bill (PIB) on JV/PSC Assets Profitability (PTDF funded Project), and the Investigation of the Use of Utility Functions in the Determination of Optimum Working Interest in Risky Ventures/Portfolio of Oil & Gas Assets.
Engr. Akinpelu is a seasoned industrial expert, having worked with Chevron Nigeria for several years. While at Chevron, he led the implementation of Chevron Nigeria leadership and supervisory development programs between 2003 and 2005 and co-facilitated the Roll out of LDP and Supervisor Essentials Program. Between 1999 and 2003, he led Field Human Resources Organization’s Performance Planning & Performance Evaluation, managed the implementation of Structured Training Program for O&M personnel and determined appropriate mix of Skills and Competencies to support Field Operations-1999. Engr. Akinpelu also consolidated project economics for Chevron Nigeria’s portfolio of assets, and performed risk/decision analysis on new and existing Joint Venture (JV) Projects and PSCs. As Field Superintendent/Engineering Supervisor, Engr. Akinpelu provided engineering support for 100,000 b/d Field Production and 60,000 b/d Water Injection Operations, led the execution of field development plans, and reviewed project implementation and execution of optimum field depletion strategy.
Engr. Akinpelu is a member of the Society of Petroleum Engineers (SPE), Nigerian Society of Engineers (NSE), Council of Registered Engineers of Nigeria (COREN), and Nigerian Association of Petroleum Explorationists (NAPE).