Recession Loosens Grip on Oil and Gas

By World Finance, PRNE
Thursday, October 21, 2010

LONDON, October 22, 2010 - The last year has been a period of intense scrutiny for the oil and gas
industry because of an increasingly environment-conscious public and, of
course, the prominence of the BP oil spills in the Gulf of Mexico and the
Timor Sea. However the oil and gas industry will play a critical role in
driving the global economy for the foreseeable future, and given the
industry's ability to innovate, there is no reason why it will not continue
to be a major contributor to the economy of the future.

Congratulations to those companies recognised for their valuable

    Oil and Gas Awards - 2010

    Best Fully Integrated Oil & Gas Company


    Best Oil & Gas Exploration Company

    Ophir Energy plc

    Best Down-Stream Oil & Gas Company

    ARMO Sh.A.

    Best Independent Oil & Gas Company

    PTT Public Company Limited

    Best Oil & Gas Piping Service & Solutions Company

    Canadoil Group

    Best Oil & Gas Drilling Contractor

    OGEC Cracow Ltd

    Best Innovation in Refining Technology

    ARMO Sh.A.

    Best Innovation in Drilling Technology

    Baker Hughes

    Best Innovation in Exploration Technology


    Best Oil & Gas Clean Energy Company

    PTT Public Company Limited

    Best Oil & Gas Trading Technology


    Oil Space Inc

    Best Oil & Gas Commodity Traders

    CME Group

    Best Oil & Gas Investment Company

    Avelar Energy

    Best Oil & Gas Drilling Joint Venture Company

    Green Dragon Gas

    Best Oil Project

    Sakhalin Oil Project (Sakhalin Energy)

    Best Gas Project

    Shizhuang North & South Blocks (Green Dragon Gas)

    Best Oil Sands Company

    Husky Oil Sands

    Best Oil Sands Project

    Athabasca Oil Sands

    Best Oil & Gas Law Firm

    Baker Potts

    Best Health & Safety Company


    Best Oil & Gas EPC Companies:

    Western Europe

    GE Oil & Gas

    Eastern Europe


    North America


    Latin America



    Posh Semco


    Uhde Shedden GmbH


    Al Hassan Group


    Mott MacDonald

Notes for editors:

For further information, go to, for the
latest economic and financial commentary from around the globe. Also, see our
videos, at, where some of the latest opinion
videos are showcased. World Finance is published by World News Media.

World News Media is a leading publisher of quality financial and business
magazines, enjoying a global distribution network that includes subscriber
lists of the most prominent and senior decision-makers around the world, as
well as comprehensive airport, hotel and conference site distribution.

    For further media information contact:
    Michael McCaw
    Editorial Department

    World Finance

For further media information contact: Michael McCaw, Editorial Department, World Finance, +44(0)20-7014-0370, michael at

will not be displayed