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The Scheme of PetroFed Oil & Gas Awards 2016


Open to all companies operating in the Oil & Gas sector in India for performance during 2015 - 16 Financial Year

Last Date for Receipt of Applications extended to February 07, 2017 closing time (5 pm)

PetroFed Oil & Gas Awards 2016

PetroFed has institutionalised awards in recognition of contribution made by corporates and individuals in the Indian Oil & Gas industry in creating leadership in their respective categories. 

The PetroFed Oil and Gas Awards have been created to recognise and celebrate the leaders, innovators and pioneers in the oil and gas industry. The objective of the PetroFed Oil & Gas Awards is to celebrate the industry's most outstanding achievements.

PetroFed will select among applicants and reward those companies and individuals who have demonstrated an unparalleled ability to succeed, continually set standards of excellence, and who will be or are the stars of the industry.

All companies operating in India, including those who are not members of PetroFed but have significant involvement in the oil & gas sector, are eligible to apply. 

All awards carry a trophy and a citation. In the awards for Innovator and Woman Executive, there is also a cash award.

Evaluation

The applications are evaluated by the Awards Committee and submitted to the Jury.

PetroFed is not involved at any stage in the selection process. This is left to the impartial Jury, selected for their reputation and knowledge.

The decision of the Jury for selection of a particular awardee will be final and binding and cannot be appealed in any court of law.

Awards Committee

The Awards Committee for PetroFed Oil & Gas Awards comprises:

Chairman – Shri G. C. Chaturvedi
former Secretary GoI.
Member - Shri B C Bora
former Chairman & Managing Director, Oil & Natural Gas Corporation Limited.
Member - Shri M.B. Lal
former CMD, HPCL & former Member(Technical) PNG in the Appellate Tribunal for Electricity./
Member - Shri S. Behuria
former Chairman, Indian Oil Corporation Limited.
Member - Shri R. S. Sharma
former CMD, Oil & Natural Gas Corporation Limited
Member - Shri C. R. Prasad
former CMD, GAIL (India) Ltd.

The role of the Awards Committee is to review and finalise parameters & weightages for the respective award category and thereafter evaluate the applications tabulated by PwC and submit their recommendations to the Jury.

The Jury

The Jury for PetroFed Oil & Gas Awards comprises:

Chairman – Dr. Anil Kakodkar
INAE Satish Dhawan Chair of Engineering Eminence at the Atomic Research Centre & former chairman, Atomic Energy Commission of India and Secretary to the Government of India.
Chairman – Dr. R. A. Mashelkar
President of the Global Research Alliance; Chairperson, National Innovation Foundation of India & former Director General, CSIR.
Member – Shri Naresh Narad
former Chairman, Public Enterprises Selection Board & former Secretary to the Government of India.
Member –  Shri S. C. Tripathi
former Secretary to the Govt. of India
Member - Shri M. A. Pathan
former Chairman, Indian Oil Corporation Ltd

The Jury reviews the recommendations of the Awards Committee and selects the winner for each category.

PetroFed Oil & Gas Awards categories

(Click on categories to download entry forms)

Individual & Team Category

1. Innovator of the Year – Individual (cash award of Rs. 200,000)

2. Innovator of the year – Team (cash award of Rs. 500,000 or atleast Rs. 50,000 for each key team member)

3. Woman Executive of the year (cash award of Rs.100,000)

Corporate Awards

1. Responsibly Growing Corporate of the Year

2. Game Changer- Company of the year

3. Exploration & Production – Company of the Year

4. Refinery of the Year

5. Oil & Gas Pipeline Transportation – Company of the Year

6. Oil & Gas Marketing – Company of the Year

7. Project Management (Rs. 500 - 2000 crore ) – Company of the Year

8. Project Management (above Rs. 2000 crore ) – Company of the Year

9. Human Resources Management – Company of the Year

10. Drilling services - Company of the year

11. Environmental Sustainability - Company of the year

12. City Gas Distribution Company of the Year

General rules of the awards process to be followed by applicants Eligibility

All applicants/nominees must have significant involvement in the oil & gas sector.

The awards are open to companies for their operations in India irrespective of place of registration, unless specifically mentioned otherwise.

Eligibility criteria for each award are specifically mentioned in respective award description.

All agencies associated with the process of evaluation of awards, including the knowledge partner of PetroFed are not eligible to apply for the awards.

Application process

All applications/nominations must be submitted using the prescribed application forms.

Information is to be provided for the year under review of the award or earlier  years as specified. The Year of award is financial year between  1st  April to 31st  March e.g. the year of award for PetroFed Awards 2016 is Financial Year 2015-16.

Applications/nominations in multiple categories are encouraged. Each application must, however, be completed separately.  Application/nomination for each category shall be treated as independent of other application(s) for qualification. 

For the purpose of evaluation, information furnished in the application would only be considered. Applicants are requested to attach copy of annual report of their company pertaining to the period as mentioned in the application form except for awards for individuals.

No material/documents received shall be returned to the applicant.

All application/nominations must mention name of the person(s) who will be accepting the award if the applicant/nominee is chosen as the winner.

Additional supporting materials may include marketing videos, brochures, advertisements, photographs and other documents. Supporting material is optional. Please send the duly signed and stamped applications and all supporting materials via email, post/courier within the notified last date to:

Name of award applied for
C/O Director General
Petroleum Federation of India
PHD House
2nd Floor, 4/2, Siri Institutional Area
August Kranti Marg
New Delhi – 110 016.

The application and supporting materials sent by post or courier should be accompanied by a soft copy (in CD) also.

The application approving authority should be of the rank of the Head of the Department (HoD), Director, CEO, Chairman.

In certain award categories, a limit on the maximum numbers of entries from each company has been specified. Each company should limit the number of applications in an award category to the maximun number specified in the form for that award category.

Applications/nominations and supporting materials must be received no later than January 20, 2017.

No extensions to this date will be granted and incomplete entries will not be considered.

Confidentiality

PetroFed and associated agencies would be obliged not to share any information provided by applicants and/or the evaluation criterion with any agencies or individuals other than those involved or engaged by PetroFed like knowledge partner providing support to PetroFed, its Awards Committee members and the Jury.

Applicants are requested to specifically identify in the applications, any confidential information they have furnished for due treatment by PetroFed and agencies or individuals associated with the evaluation of the awards . All other information received will be treated as fit for dissemination as needed by PetroFed for its activities.

Evaluation

Each award description includes the “minimum number of entries”. Each award needs to necessarily receive those minimum specified number of entries for further evaluation. In case the minimum number of entries is not received for that award by the cut-off time, PetroFed reserves the right for not evaluating and awarding that award category.

The decision of the Jury for selection of a particular awardee will be final and binding and can not be appealed in any court of law.

Applicants are advised to limit the description within the word limit specified against each qualitative parameter.

PetroFed Awards Ceremony

The winners will be awarded trophies and citations at an appropriate function.

For further information, please contact:

Mr N. K. Bansal

Director (Oil Refining & Marketing)

Petroleum Federation of India

E Mail: nkbansal@petrofed.org

Tele: +91 (11) 46151931

Mobile: 07838593004

Fax: 011 26964840

Abbreviations used in Awards Scheme