(July 15, 2020)
“Resilience and innovation” is the focus of the third edition of D CEO magazine’s Oil and Gas Awards, and the theme could hardly come at a better time. Texas’ energy sector has had more than its fair share of grim news during the first half of 2020, led above all by the sharp downturn in production of and demand for oil and gas due to the coronavirus pandemic.
The awards recognize excellence in different sectors of the energy industry, from executives at upstream and midstream companies, to technology firms and service providers. Other awards include regulator of the year, private equity firm of the year, and financing deal of the year. Prizes are also given out for lifetime achievement and the industry’s rising star.
Under conditions where all eyes have been on the deepening crisis facing oil and gas players, the awards offer a chance to turn to the positives of the past year and consider how the sector could bounce back.
“The outstanding men and women working in oil and gas will ensure that our industry thrives during our recovery, and these awards are an important way to recognize the positive impact they are making on our state and country,” says Ed Longanecker, President of the Texas Independent Producers and Royalty Owners Association, one of the organizations sponsoring the awards.