Petrofed awards presented
New Delhi   12-May-2011

The PetroFed Oil & Gas Industry Awards 2009 and 2010 for excellence in performance in various categories were presented by the Union Minister of Petroleum & Natural Gas S Jaipal Reddy here on May 10, 2011.

The 2009 awards were for performance during fiscal 2008-09 in nine categories while the 2010 awards were for performance during financial year 2009-10 in 11 categories.

The Minister congratulated the 11 companies who had won awards and commended the apex hydrocarbon industry association for instituting the awards in 2007 to recognize and nurture talent and excellence in the oil & gas industry operating in India.

Welcoming invitees Chairman, PetroFed and Chairman, IndianOil RS Butola highlighted the need for keeping the spirit of healthy competition alive through such awards.

While giving a brief about the awards Director General, PetroFed AK Arora pointed out that as part of constant renewal and improvement, two new categories of awards were added during 2010, namely ‘Drilling Services Company of the Year’ and ‘Environmental sustainability Company of the Year”.

The leading award winners were ONGC, IndianOil and Bharat Petroleum Corporation.