World Petroleum Council announces finalists for Excellence Awards
Every three years at the World Petroleum Congress, the World Petroleum Council recognizes some of the most outstanding projects and innovations in the oil and gas sector with the prestigious WPC Excellence Awards (WPCEA). The objective of the WPC Excellence Awards (WPCEA) is to distinguish companies, institutions or any public or private organization (not individuals) engaged in the oil and gas industry for promoting or operating with high excellence standards. Companies can submit projects in two categories: social responsibility, and technological development.
The 2021 finalists are as follows:
Small to medium sized companies: Pertamina Refinery Unit III: Lighting Hopes: Electrify Rural Communities from Micro-Hydro Power Plant; Sakhalin Energy: Sakhalin: Indigenous Island; Salym Petroleum Development: Good Neighbour.
Large companies and NOCs: Chevron: Peace, Prosperity, and Partnerships in the Niger Delta; Chevron: Partnering to Eliminate Malaria in Bioko Island; Exxon: Building local capacity in Guyana.
Small to medium sized companies: Aramco Americas: Sensor Ball; Fishbones AS: Multilateral Well Stimulation; Kayrros: Geospatial Monitoring for Oil & Gas Climate Stewardship; Weatherford - Vero Automated Connection Integrity
Large companies and NOCs: Halliburton Landmark: Permedia CO2 Toolkit: Understanding the Flow Dynamics of Injected CO2 in the Subsurface to De-risk Long-term Carbon; Satbayev University: SmartTranPro software-energy saving of paraffinic oil transportation through pipelines; Saudi Aramco: Carbon Capture, Utilization and Storage Enhanced Oil Recovery Project
The winners will be announced during the WPC Excellence Awards Ceremony held at the 23rd World Petroleum Congress this December in Houston.
All the finalists' projects will be showcased during the Congress. The Social Responsibility Finalists will present their projects at the Social Responsibility Stand with the Technological Development projects presented at the Digital Poster Plaza.
Each category will have two winners, one from an NOC or large business and the other to represent the work of small and medium size organisations. The following criteria have been taken into consideration when assessing the projects:
WPCEA on Social Responsibility
- Innovative and far-reaching social responsibility initiatives benefitting the community or environment
- Commitment and involvement of management and employees
- Cooperation with local communities and stakeholders and development of mutually beneficial relations
- Wide applicability and reproducibility within the petroleum sector
- Proved or clearly demonstrable long-term sustainable results
WPCEA on Technological Developments
- Technological breakthroughs
- Innovative applications of existing technologies
- Cost effectiveness
- Wide applicability for the petroleum industry
- Proved or clearly demonstrable and sustainable results (long term)
WPC Excellence Awards for Youth Additionally in recognition of the important contribution by youth to the energy industry, the World Petroleum Council rewards the best young authors of the Congress. These will be selected from the best abstracts submitted by young professionals under 35.