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Press Release
2024 Winners: Energy Council Awards of Excellence
Published 22 November 2024
We are delighted to announce the recipients for the Energy Council's 2024 Awards of Excellence! Our Annual Awards of Excellence ceremony represents a global benchmark of excellence for those working across the upstream industry.
Tonight’s awards celebrate achievements by industry, for industry. The companies and individuals on tonight’s shortlist have been chosen by a panel of industry experts, recognising the hard work and dedication that’s shaping tomorrow’s energy landscape.
For 15 years, The Energy Council has been recognising and honouring the individuals and companies at the forefront of first-class deals, value creation, innovation, or exceptional financial and operating performance across the energy-finance spectrum. We also celebrate the executives who continue to change the face of the oil & gas industry, demonstrating outstanding leadership and performance.
Looking ahead, The Energy Council remains committed to championing those delivering sustainable, affordable, and secure energy, while connecting energy companies and capital providers who are driving the transition to a low-carbon future.
Congratulations to all of the 2024 winners!
NOC of the Year
Significant global expansion and acquisitions, including investments in Mozambique LNG, US LNG, and Azerbaijan, positioning ADNOC as a leader in the international energy market. Active participation in high-value M&A transactions, such as acquiring OMV stakes, the Covestro deal, and the Rio Grande LNG Project, demonstrating strong financial performance.
Commitment to decarbonization and energy transition, with initiatives like Ruwais LNG partnerships, reflecting leadership in sustainability and innovation.
Sponsored by: Kongsberg Digital
Large-Cap of the Year
ExxonMobil has proven significant external growth through major acquisitions, including Pioneer Natural Resources for $60 billion, doubling its Permian footprint and boosting production by 15%. It consistently delivers superior financial returns, outperforming its peers by focusing on core oil and gas operations while integrating an emissions reduction strategy.
The company excels in market leadership, completing largescale deals in a timely manner, while expanding key projects in offshore oil, petrochemicals, and carbon capture solutions globally.
Sponsored by: Addleshaw Goddard
Mid-Cap of the Year
Galp achieved significant exploration success in Namibia, with multibillion-barrel discoveries that doubled its share price. Successfully reshaped its portfolio by monetizing Mozambique LNG assets and selling mature Angolan assets. Strengthened shareholder value through strategic transactions and exploration-driven value creation.
Sponsored by: The Energy Council
Small-Cap of the Year
Effectively established itself as a transformative force in the North Sea, doubling its production and expanding its market share. Recently named the “most active buyer” in the North Sea by Bloomberg, Viaro’s strategic acquisitions highlight its strong financial positioning and value creation potential. Partnerships with clean technology developers and its commitment to enhancing infrastructure, alongside robust corporate governance and investor relations, reinforce its strong market reputation and dedication to sustainable growth.
Presented by: Strand Hanson
Exploration of the Year
Galp’s recent multi-billion-barrel discoveries in Namibia, including the Morpane finds, have significantly enhanced its market reputation and created substantial investor value, reflected in a 40% increase in year-to-date share price.
Presented by: Rystad Energy
Technology Company of the Year
MARA is a global leader in energy technology, effectively converting underutilized energy into economic value through its extensive 1.1GW data centre portfolio, showcasing operational excellence and strong market reputation.
Sponsored by: A&M
Decarbonisation Project/Technology of the Year
Despite government support this is the only real development within CCS that is nearing production. It will be the world’s first open-source CO2 transport and storage infrastructure.
Presented by: BCG
Deal of the Year
The $11.2 billion acquisition of Wintershall Dea’s assets positions Harbour as one of the world’s largest independent oil and gas producers, setting a new standard for excellence in the industry.
This strategic expansion significantly diversifies Harbour’s portfolio, reducing dependency on the North Sea and enhancing its operational scale and geographic reach. The acquisition adds 1.1 billion boe of 2P reserves and over 300 kboepd of production, improving margins, extending reserve life, and supporting lower operating costs and reduced greenhouse gas intensity.
Sponsored by: Houlihan Lokey
Lifetime Achievement Award Winner 2024: Julian Mylchreest, Executive Vice Chairman, Bank of America
Julian Mylchreest exemplifies the qualities of a leader whose vision and actions have defined and shaped the energy landscape globally – and continue to do so today as that energy system transitions. His contributions have not only driven major corporate transformations but have also had a profound positive financial and global impact, reflecting his role as a trusted advisor to CEOs, Governments, educational institutions and Boards globally. We are honoured to present him with this well-deserved award.
Executive of the Year Award Winner 2024: Ufoma Immanuel, CEO, Chappal Energies
World Energy Capital Assembly
December 2025 | London
The meeting place for senior energy executives, investors and financiers to connect and do deals.
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Eco Atlantic Re-issued all Namibia Offshore Licenses
Eco Atlantic Re-issued all Namibia Offshore Licenses: Increases its sizeable strategic position in sought after frontier exploration region read more
Introduction to Carnrite – Dedicated, Practical Business Partner for an Industry in Transition
Ahead of WECA 2020, we spoke with Nick Carnrite, Managing Director at The Carnrite Group, on their entrance to the UK market, the challenges facing the Energy industry and how they are supporting the sector through these times. read more
Vertis – On the Role of Voluntary Carbon Markets in the Energy Transition for Oil & Gas sector
We know what the target is as well as why we need to achieve it. The question is rather on the how. How do we transform our businesses and our life-styles without jeopardising the functioning of our society or global growth? read more
“Investors will go where the money is” – An Analysis of the Sentiment among Energy Investors
“Investors will go where the money is” remarked one of the Energy Council’s members when asked about the increased pressure on funds to be ESG driven and avoiding hydrocarbons altogether. read more
In The News: Institutional Investors Demand Greater ESG Adherence from Oil Majors, Can Independents Pick Up The Pieces?
Institutional funds have increased their pressure on the world’s largest oil and gas companies to further and hasten their commitments to meet a carbon output of net-zero by 2050. What happens to 'independents'? read more
In The News: Quality assets key in four major M&A deals this year
Mergers and acquisitions are heating up in the oil and gas sector as prices stabilise and quality assets enter the market. Over $20 billion in deals has been completed in recent months with more set to come. read more
In The News: The United Kingdom's Path to Net-Zero in the North Sea
A report by the OGTC & Wood Mackenzie highlights the array of opportunities in the United Kingdom's path to decarbonisation & net-zero. The United Kingdom Continental Shelf in the North Sea has long been a prominent location for the exploration and production of oil and gas. However, as the nation pushes toward carbon neutrality by 2050, how will these competing industries develop? read more
In The News: OGCI Reports Significant Progress On Upstream Methane and Carbon Intensity Targets
The OGCI announced significant progress in reducing both carbon dioxide and methane emissions in the upsteam sector. Industry collective invests over a billion dollars into emissions reductions technologies. read more
WECA Advisory Board Takeaways – Part 2
Part 2 of our takeaways picks up the conversation where we left off as our advisors’ peer into the rabbit hole of climate change and energy transition, and the future role of gas. read more
WECA Advisory Board Takeaways – Part 1
World Energy Capital Assembly Advisory Board Takeaways Part 1 March 2020 The Oil & Gas Council Advisory Board met ... read more
Oil and Gas Council plays host to the first Senegal Offshore Licencing Round
President Macky Sall of Senegal opened the Oil & Gas Council’s 4th MSGBC Basin Summit & Exhibition in Dakar on Wednesday with the announcement of the first offshore bid rounds. read more
Awards Of Excellence 2019 – Female Executive of the Year Nominees Katie Jackson
Katie Jackson, Executive Vice President for Commercial and NBD at Shell, is one of the most active and prominent women in the business. Jackson’s range of expertise – including her start as a drilling engineer, her time in banking, followed by her move into industry management – have long made her a valuable asset and leader. Jackson delivers flagship deals for Shell building on her rich, industry experience, creativity, strong relationships, and understanding of the market. read more
Awards Of Excellence 2019 – Female Executive of the Year Nominees Fiona MacAulay
Fiona MacAulay’s technical credentials over 30 years of oil and gas experience is what now makes her one of the most respected CEO’s in the industry. Taking over the helm of Independent Oil & Gas at the start of 2019, follows a succession of appointments to boards of energy companies desperate for her knowledge and experience. Of the five women leading FTSE 100 oil and gas companies, MacAulay is the only one who built her experience as an oil professional. No wonder she’s in such demand! read more
Awards Of Excellence 2019 – Shortlisted Nominees for the Small-Cap of the Year Award
Last year’s winner, Energean, has enjoyed another headline-grabbing year, illustrating the opportunities available for Small Caps to expand operations and become household names. The shortlisted companies for this year’s award have all enjoyed significant success during the past 12 months. read more
Small and Mid-Cap Companies of the Future: Mitch Flegg, Serica Energy
Nimble, focused, bold – we believe small and mid-cap companies of the future will not sit back and rely on inherited approaches to asset management. The leaders in the sector will be action takers, blending the latest in technical innovation with people power. read more
Seacrest: Press Release
OKEA AS, the oil and gas production and development company on the Norwegian Continental Shelf (“OKEA”), founded by management and Seacrest Capital Group, is pleased to announce it has entered into an agreement with A/S Norske Shell. read more
What can we do to take advantage of the most unutilized resources in Canada?
The first official Women’s Energy Council Discussion of 2018 took place during Canada Assembly on May 30 in Calgary. For the first time, the Energy Council brought a full female panel together to address equality issues plaguing the energy sector. read more
White & Case: Press Release
Global law firm White & Case LLP has opened an office in Houston to further strengthen its leading Global Oil & Gas Industry Group, initially adding three new partners to the Firm and relocating a fourth. The Firm expects to announce a number of further lateral partners in the coming weeks. read more
Rystad: Press Release
Rystad Energy, the energy knowledge house, today announced the official opening of its office in Tokyo, Japan, located in the Sanno Park Tower. Yosuke Uehara, Vice President and Head of Japan for Rystad Energy, invited guests for a grand opening event to highlight the company’s ambitions in the region. read more
Twister: Press Release
Twister B.V. and PETRONAS have entered into a joint development program for the use of Twister® technology for the monetization and processing of acid gas fields containing large amounts of CO2 read more
Executive Interview: Abhi Kohok, Subsurface Director, INEOS Energy
We caught up with the Abhi Kohok, Subsurface Director at INEOS Energy, ahead of the World Energy Capital Assembly to hear more about INEOS Energy's CCS pilot and more success stories from the past year. read more
Canada’s Energy Sector follows a Practical Equality Plan
The Canada Assembly & Dinner is the birthplace of the Women’s Energy Council (WEC) and Canada has been more active than anywhere else in the world for this platform. read more
Spotlight on the North Sea
Although new exploration is expected to bounce back from 2018 levels, the OGUK has cautioned that drilling activity continues to stand at a “record low rate” and supply chain firms remain under significant financial stress. read more