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Press Release

ADIPEC Awards Now Open For Submissions

By ADIPEC

| Read Bio

Published: July 24th, 2017

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The ADIPEC Awards recognise the leading companies, individuals, initiatives, projects and technologies which have displayed a level of excellence on an international scale. Through five Award categories, companies are given the opportunity to be recognised and ultimately awarded for their accomplishments within the areas of research, technological innovation, digital transformation, performance & efficiency, social contributions, personal achievement and business progression. In order to be in with a chance of receiving an industry recognised ADIPEC Award.

Here are the five categories for this year’s awards:

Category 1 – Technological Innovation and Research of the Year

Technological Innovation and Research will recognise a programme, project, product, study or service which showcases an innovative breakthrough for the industry. The research piece or technological innovation must showcase a new and unique concept with regards to innovative-thinking, quality, cost improvement and practical considerations within its environment.

The information submitted can focus on research and technological innovation in MENA and non-MENA regions and should also focus on the period between April 2016 and June 2017.

Judging criteria:

  • Demonstration of a significant advancement with the development of the new research/technological innovation
  • Originality of concept and application
  • Benefits and competitive advantages it currently provides/it can provide the oil & gas industry
  • Commitment towards technological research, development and the commercial potential
  • Technical and/or commercial excellence and competitive advantages

Category 2 – Best Digital Transformation Project

The Best Digital Transformation Project will recognise outstanding implementation of a digital oilfield (DOF) project that is innovative, value-enhancing and has a noteworthy return on investment. This award is open to all projects in the oil & gas industry, from exploration & production, to refining, distribution, marketing and retail.

The information submitted can focus on the MENA or non-MENA region and should also focus on the period between April 2016 and June 2017.

Judging criteria:

  • Capture of wide-ranging or novel data sources
  • Use of modern equipment or services to collect, transmit or warehouse the data
  • Development of original algorithms to convert the data into meaningful insights
  • Accessibility to insights (speed and mode of access)
  • Evidence of meaningful impact to operational efficiency, production, reserves or safety
  • Cost of implementation, quantifiable value received so far and expected breakeven period

Category 3 – Driving Performance & Efficiency to enhance Cost Optimization

With significant reductions in E&P expenditures across the globe over the past two years, it has become imperative for all players in the E&P value chain to focus on end-to-end performance, overall process efficiency & cost optimization. This category will recognise a project which has positively impacted field performance, recovery rate, and project delivery schedules whilst maintaining the highest standards of HSE & asset integrity.

The information submitted can focus on the MENA and non-MENA regions and should also focus on the period between April 2016 and June 2017.

Judging criteria:

  • Field Performance – outline process or systems put in place to drive field performance with specific reference to KPIs and process sustainability
  • Recovery Rate – demonstrate the application of novel enhanced oil recovery methods enabled through collaborative models that will drive economic increases in field wide recovery rates over the long term
  • Project Delivery – discuss measures taken to deliver project on or ahead of schedule
  • HSE & Asset Integrity – review the HSE framework guiding the project and outline the introduction of new technologies to drive improvements in HSE KPIs and to ensure asset integrity.

Category 4 – Social Contribution and In-Country Value

The Award for Social Contribution and In-Country Value recognises the efforts made to the betterment of the wider community & environment and the in-country value thus provided. The entry must highlight how the environment & country benefitted and what the measurable impact was. The successful entry will demonstrate how total spend has been retained in-country to benefit business progression and contribute to human capability development, stimulating the country’s economy.

The information submitted can focus on the MENA or non-MENA regions and should also focus on the period between April 2016 and June 2017.

Judging Criteria:

  • Identification of the need for the social contribution
  • Evidence of the contributions made to the environment/community and the in-country value provided
  • Originality and creativity of what was implemented, and how this met the objective
  • Evidence of the successful implementation and the integration into the community/environment, measuring the business impact and the strategic link to the company’s core business

CATEGORY 5 – Young ADIPEC Engineer

The Young ADIPEC Engineer category recognises a male or female engineer who has begun his or her career in the oil & gas industry and has less than four years’ experience. During this time, he or she will have shown their ability to become a key contributor to the future development of the oil & gas industry and a strong potential to reach senior management level.

The applicant must highlight their educational achievements in addition to the successes in their career. The nomination must be submitted by the candidate’s Line Manager, if the entry is submitted by the candidate, it will not be accepted.

The information submitted can focus on an individual from inside the MENA region or outside the MENA region.

Judging criteria

  • Educational background and achievements (attach Degree certificate)
  • The scope of work and area that the engineer is involved in, along with the number of years of experience and key achievements
  • The engineer’s ability to adapt to the environment, people and unplanned situations
  • Evidence of when the engineer has displayed leadership qualities, as well as acting as a team player
  • Illustrate how the candidate has influenced other young engineers and demonstrate how the candidate displays potential to act as a role model to younger individuals moving into the industry
  • Personal recommendation from the candidate’s Line Manager or Mentor

If your entry is a resubmission of 2016, it will be necessary to provide an update for the period April 2016 and June 2017. You will need to demonstrate developments in efficiency, more effective implementation, improved outcome and so forth (not relevant for category 5).

Please submit your entry today by clicking here. The deadline for entries is 26 July 2017.

For more information, please visit the ADIPEC Awards website.

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ABOUT THE AUTHOR

ADIPEC

From a world-class exhibition that provides technologically innovative solutions from more than 2,500 companies across the upstream supply chain, to one of the most expansive technical and strategic conference programmes in the world where over 700 speakers share their expertise, ADIPEC brings together a global audience and provides a vital export opportunity for countries looking to do business with the World’s Oil and Gas companies. Furthermore ADIPEC is now a proven platform for bi-lateral trade and a proven investment platform.

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