Corporate Monitor: Kuwait Oil Co. likely to win four prizes in ADIPEC
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Kuwait News Agency (KUNA) - 19/09/2012
(MENAFN - Kuwait News Agency (KUNA)) After weeks of deliberation, the ADIPEC Awards Regional Select Jury (RSJ) has shortlisted the finalists who will be in the running for the prestigious ADIPEC 2012 Awards.

The ADIPEC Awards, which acknowledge innovation in the region's oil and gas sector, are taking place on November 11 at the St. Regis Saadiyat Island Resort in Abu Dhabi.

Finalists have been selected from 170 entries in six categories.
In the first category, for Best MENA Oil and Gas Project, the finalists are Linde AG, ADMA-OPCO, Saudi Aramco, KOC/Weatherford, Royal Dutch Shell and Emerson.

The second category, Best MENA Oil and Gas Innovation or Technology, includes Siemens, Saudi Aramco (shortlisted for two projects), and joint entries from ExxonMobil and ZADCO, and from Royal Dutch Shell, Kuwait Oil Company (KOC) and Halliburton.

The third category of Best MENA Oil and Gas HSE Project has shortlisted PDO, Unique Maritime Group, Baker Hughes, Total, ADMA-OPCO and EMDAD.
Wintershall, Shell Iraq, Oman LNG, ExxonMobil, Maersk Oil Qatar, OMV and PDO are in the running to win the award for Best MENA CSR Initiative.

The category for Best MENA Oilfield/Gas Field Management, has two projects from Saudi Aramco, and entries from KOC/Weatherford, PDO, KOC.
The finalists in the last category, Best International Oil and Gas Project, are Kuwait Petroleum International, Baker Hughes and Wood Group PSN.

Comprising 21 leading industry representatives, the awards jury had the unenviable task of choosing from 170 competitive submissions.

For the final selection phase, shortlisted companies must submit additional video material highlighting the merits of their entries.

In mid-October, all judges of the Regional Select Jury will convene in Abu Dhabi to select a winning entry in each category.

"We consider the ADIPEC Awards a significant and prestigious occasion, and a cherished recognition of the outstanding efforts by the oil and gas industry, particularly in the Middle East region," said Saad Al-Azmi, Manager of Training and Career Development of KOC, which submitted several entries this year.

"This year I was impressed to learn that more than 170 entries were received, and we hope the most innovative nominations will be rewarded," he said.

For his part, Ali Obaid Al-Yabhouni, CEO of ADNATCO/NGSCO and UAE Governor for OPEC said the record number and exceptional quality of competition entries reflect the GCC's continuing investment in intellectual capital and technical innovation to support the successful implementation of complex hydrocarbon projects.

"All entries were thoroughly evaluated during a complex judging procedure before the shortlist was selected. Once again, the ADIPEC awards have showcased the region's role as a global industry leader." The ADIPEC Awards were created to incentivize industry leaders in the region, as well as to add a competitive edge to the Middle East's oil and gas sector, focusing on innovative and unique projects, technology, field management, health and safety and corporate social responsibility.

The ADIPEC Awards Gala Ceremony will take place alongside the 15th edition of ADIPEC on November 11, 2012, at the St. Regis Saadiyat Island Resort in Abu Dhabi.

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