BREAKTHROUGH TECHNOLOGICAL PROJECT OF THE YEAR
The Breakthrough Research of the Year Award aims to reflect the importance of scientific research and innovation, promoting a better use of energy sources and encouraging a new generation of researchers to achieve success in their work. This award seeks to highlight research applicable to the oil and gas value chain enabling the industry to transition in managing the environment, harnessing technology and drive the efficiency and safety agendas critical to the industry.
BREAKTHROUGH RESEARCH OF THE YEAR
Breakthrough Technological Project of the Year recognises an innovative technology project; product or service (non-digital technical) implemented or tested, that harnesses the power of an ever-expanding range of transformational new technologies. This award will recognise the year’s best new innovative technological development made within upstream, midstream or downstream sectors with the power to become a game changer or disrupter in the industry. This award not only seeks to emphasise technological innovation, but also how technology is enabling the industry to become increasingly efficient, helping reduce costs and grapple with the challenges of environmental pressures.
DIGITAL TRANSFORMATION PROJECT OF THE YEAR
Digital Transformation is defined as the application of new technologies that radically changes processes, customer experience and value. Digital Transformation enables organisations to become Digital-Native Enterprises that support innovation and digital disruption. Digital Transformation leverages third platform technologies such as cloud, mobile, big data, and social, coupled with organisational, operational, and business model innovations to create new ways of operating and growing businesses. The Digital Transformation Project of the Year Award will recognise the importance of digitalisation within the oil and gas industry and honours the achievements of organisations that have successfully digitalised one or multiple areas of their business through the application of digital and disruptive technologies. This award is open to all projects, including upstream, mid-stream or downstream, that have successfully incorporated/implemented digitalisation that is innovative, value enhancing and has a noteworthy return on investment.
SOCIAL CONTRIBUTION AND LOCAL CONTENT PROJECT OF THE YEAR
Social contribution and local-content initiatives in oil and gas producing countries have become a key priority of host governments and industry players alike, as a means of maximising the benefits to be gained from their petroleum industries through creating employment, developing local skills and capacity, transferring know-how, collaborating with local suppliers and subcontractors and enhancing local entrepreneurship. The Social Contribution and Local Content Project of the Year Award will recognise the unique contribution and efforts made by the oil and gas industry across all parts of the industry value chain for the betterment of the wider community and environment, thus the local upliftment it provided.
OIL AND GAS INCLUSION AND DIVERSITY COMPANY OF THE YEAR
Inclusive workplaces, gender and ethnic diversity, equal pay and diversity of thought amongst others will shape a diverse and inclusive oil and gas industry for the future. The Oil and Gas Inclusion and Diversity Company of the Year Award has been developed to recognise a company for their contribution in promoting, delivering and embedding inclusion and diversity into their business strategy creating an equal, diverse and inclusive environment for all in their organisation.
YOUNG TECHNICAL PROFESSIONAL OF THE YEAR
Young Technical Professional of the Year Award will recognise a young technical professional who has shown the ability to become a key contributor to the future development of the industry and who has strong potential to reach senior management level.
SOLUTION TO CLIMATE CHANGE COMPANY OF THE YEAR
Governments and businesses around the world are mobilising large-scale efforts to advance climate protection agendas, driving the change in the oil and gas industry to reduce its emissions while simultaneously being challenged to meet the increased need for energy. The Solutions to Climate Change Company of the Year Award aims to recognise the oil and gas company of the year that has made significant progress in reducing its footprint in terms of carbon emissions and water consumption. This award is open to oil and gas companies showing commitment and vision to reduce carbon footprint and to improve water security by creating and deploying future-oriented initiatives across all parts of the oil and gas industry value chain.
LIFETIME ACHIEVEMENT AWARD
This award seeks to recognise a visionary individual who has made an outstanding contribution to the development of the oil and gas industry in the course of their career for a consistent and prolonged period of engagement, winning widespread recognition and respect on the global stage.
OIL AND GAS START-UP COMPANY OF THE YEAR
Oil and gas start-ups play a vital role in pushing the boundaries in the sector by tackling pressing business challenges typically faced by corporations across the globe with a new lens. However, start-ups still face challenges inhibiting them from scaling up businesses and securing mass production in a timely manner. This award aims at recognising the oil and gas start-up working on innovative projects with the greatest potential to reshape the industry based on innovation, business model and impact of its products and services.
OPERATIONAL EXCELLENCE COMPANY OF THE YEAR
The current market landscape has driven the entire industry to re-evaluate its operations. Ability to quickly adapt strategies and operations to the evolving industry challenges will help stabilise businesses in the current cost-conscious environment and stay competitive in the long run. The Operational Excellence award recognises the oil and gas company operating with high excellence standards, enabling it to manoeuvre challenging times by adapting the supply chain and overcoming disruptive conditions through operational resilience.