More than 300 of the upstream oil and gas industry’s brightest minds gathered recently to find out, and celebrate, the winners of the 2017 World Oil Awards. The awards ceremony, now in its 16th year, seeks to recognize and honor the upstream industry’s top innovations and innovators.
Honorees took home awards in 18 categories—encompassing the full breadth of the upstream industry—from the gala event in Houston, Texas. Today’s innovations, many of which would have seemed far-fetched a generation ago, are enabling operators to find and produce hydrocarbons more safely, economically and efficiently.
As part of World Oil’s commitment to the long-term health of the industry, each year the World Oil Awards endow a leading university, which provides education for careers in the petroleum industry, with much-needed funding to equip the next generation of innovators. Since the inception of the World Oil Awards, donations have been distributed to 33 universities and organizations as varying as the University of Houston and the University of Ibadan in Nigeria.
This year’s beneficiary is Oilfield Helping Hands, a nonprofit charitable organization that helps oilfield families with financial assistance in times of crisis.