The Presidential Award for Outstanding Student Chapter is the highest honor a student chapter of the SPE can receive. The award recognizes only the top 5% of SPE’s student chapters around the world. This prestigious award recognizes SPE student chapters with exceptional activities and programs in technical dissemination, professional development, member engagement, community involvement and operation- Recipients are selected through two rounds of review. In the first round, SPE Regional Staff Managers create a shortlist of their regions to advance to the next round. In the second and final round, Regional Directors review and finalize the recipients. The awards are presented at the SPE Annual Technical Conference and Exhibition.

King Fahd University of Petroleum and Minerals won Presidential Award for Outstanding Society of Petroleum Engineer Student Chapter in the year 2022.