In the award evening’s inaugural address, Shri.  S.M. Vaidya, Chairman IOCL & FIPI highlighted the role of FIPI as a partner in growth of the Indian oil and gas industry and the federation’s contribution towards development of a supportive policy ecosystem for the industry. He pointed out that the oil and gas industry will have to play a crucial role in making cleaner fuel accessible to all at affordable prices. 

While FIPI awards are a regular feature, in 2021, FIPI had revamped the Awards scheme making it more objective by adopting quantitative parameters to the extent possible. This year the parameters of a few awards were modified while a few others were renamed. The ‘Pipeline Transportation - Company of the year’ award was split into two categories viz. ‘Oil/Petroleum Products Pipeline - Company of the year’ and ‘Natural Gas Pipeline - Company of the year’. The ‘Production and Development - Company of the Year’ was renamed as ‘Oil & Gas Production - Company of the Year’ and further split into two categories viz. <= 1MMTOE and > 1MMTOE. The ‘Project Management - Company of the Year’ was renamed as ‘Best Managed Project of the Year’. One new category of award titled ‘Initiatives in Clean Energy - Company of the Year’ was also introduced. There are nineteen categories of awards in which the performance of oil and Gas companies were judged.

The special address at the awards ceremony was delivered by Shri, Tarun Kapoor, Secretary, MOP&NG. He highlighted the indomitable spirit of oil and gas industry with its commitment, resilience, and a strong sense of purpose, that has kept the pace ahead to energize the nation and strengthen the four pillars of India’s energy future as envisioned by the Hon’ble Prime Minister - Energy access, Energy efficiency, Energy sustainability, and Energy security; at the same time ensuring Energy justice with the objective of access to safe, affordable and sustainable energy for all citizens.

The Guest of Honour, Shri Rameswar Teli, Hon’ble Minister of State for Petroleum & Natural Gas & Labour and Employment mentioned that Oil and gas continue to play a pre-eminent role in meeting the energy requirements of the country with 45% of the total energy needs would be met by the oil and gas sector. He said that Government aims for improving energy access to all its citizens and continue to support the use of liquefied petroleum gas (LPG) for this purpose helping to make the fuel as affordable as traditional biomass. Ujjwala Scheme which has benefited 8.5 crores households, has been extended to cover 1 crore more beneficiaries under Ujjwala 2.0.

The FIPI Oil and Gas Awards 2021 ceremony was graced by the presence of, Shri Hardeep S. Puri, Hon’ble Minister for Petroleum & Natural Gas & Housing and Urban Affairs.  The Minister awarded individuals and companies under 19 different categories for their outstanding contribution to the Indian oil and gas sector. He highlighted the role of the oil & gas sector in meeting the country’s energy demand and the efforts made by FIPI to advocate conducive policies for the sector. In his key note address, he highlighted that the oil and gas sector will play a crucial role in achieving the Prime Minister’s vision of USD 5 trillion economy. He mentioned that with India’s incredible growth story, strong fundamentals of Indian economy and various measures taken by Government, it has made it a favourable destination for investments and doing business. He further pointed out that country is accelerating its efforts to move towards a gas-based economy and adopting cleaner use of fossil fuels such as biofuels, Increasing the contribution of electricity to de-carbonize mobility, moving towards emerging fuels such as hydrogen, and emphasizing on digital innovation across all energy systems. He said that with our continued efforts, the energy sector will be growth-centric, industry friendly and environment conscious.

Dr. R. K. Malhotra, Director (General), FIPI extended the vote of thanks to all the jury members, award committee members and the dignitaries who were present at this event. The occasion witnessed overwhelming participation by industry leaders from across the oil and gas value chain and several eminent personalities.

Winners of FIPI Awards 2021

The FIPI Annual Awards 2021 proved to be a resounding success and received wide media coverage. The large-scale participation from industry members at the event stood testimony of the unparalleled faith the sector places on FIPI as a partner and hand holder, leading the industry to a high growth trajectory.

List of Awardees