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Petroleum Economist announces 2018 award winners

LONDON, Nov. 28, 2018 / -- Honouring the global energy industry's most successful firms, projects and innovations, Petroleum Economist announced the winners of its 2018 Petroleum Economist Awards in 18 categories.  Additionally, five awards were given to outstanding individuals for their industry contributions.

Wellington Moreira Franco, Brazil’s minster of mines and energy, scooped the Minister of the Year award, while Mohammad Ghazi Al-Mutairi of Kuwait National Petroleum Company was honoured as CEO of the Year.

Peter Ratatics, executive vice-president for consumer services at Hungary’s MOL Group, won the Future Leader award and Aron Deen, director of marketing and business development at Ulterra Drilling Technologies, was named Energy Executive of the Year. In the evening’s finale, storied energy lawyer Sheila Hollis, chair of the Washington office of Duane Morris, accepted the Legacy award. 

"The Petroleum Economist Awards is the one event that recognizes leaders around the globe in every major aspect of the petroleum industry," said John Royall, president and CEO of Gulf Energy Information and acting publisher of Petroleum Economist. "I would like to personally congratulate all of the 2018 winners for this recognition of their significant contributions to our industry.

The Petroleum Economist Awards 2018 categories and winners are:


Energy Consultancy of the Year

Deloitte Consulting LLP


PR Company of the Year

Instinctif Partners


Legal Services Provider of the Year

Bracewell (UK) LLP


Energy Finance Provider of the Year



Hedging Advisor of the Year

Mercatus Energy Advisors


Energy Trading House of the Year

Macquarie Group


Technology Company of the Year



Service Company of the Year



Cleaner Energy Initiative of the Year

Tesla Gigafactory


CSR Programme of the Year
Crab Hatchery Learning Centre Project, PTT Exploration and Production Public Company


Exploration Company of the Year



Downstream Initiative of the Year

Sadara Chemical Company


Petrochemicals Company of the Year



Future Leader

Peter Ratics, MOL Group


Energy Executive of the Year

Aron Deen, Ulterra Drilling Technologies LP


Project of the Year

Electric charging stations, Distribuidora Uruguaya de Combustibles SA


LNG Project of the Year

Petronas Floating Liquefied Natural Gas 1 (PFLNG 1), Petronas


Energy Company of the Year (small cap)



Energy Company of the Year (mid cap)

MOL Group


Energy Company of the Year (large cap)



Legacy Award

Sheila Hollis, Duane Morris LLP


Minister of the Year

Wellington Moreira Franco, Brazil


Chief Executive of the Year

Mohammad Ghazi Al-Mutairi, Kuwait National Petroleum Company


The recipients learnt of their wins during a gala event held on 27 November at One Great George Street, Westminster. The evening's Master of Ceremony was World Cup-winning rugby star and former currency trader Will Greenwood.


The 2018 Petroleum Economist Awards were generously sponsored by law firm White & Case, which was shortlisted in the Legal Services Provider of the Year category, an award it won in 2017.  


Petroleum Economist is the authority on energy economics and trends, offering high-level intelligence and opinions on the events and people shaping the global energy market. Since 1934 readers have used our essential insight and intelligence to inform decisions and strategy, whether they lead state-owned or privately held companies.


For more details of all award winners visit


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Editorial Comment
-Adrienne Blume
This year could be the largest ever for LNG export project final investment decisions (FIDs).
EWAnalysis: Impact of technology on gas transmission management—Part 2
-Bob Andrew
This article is the second in our “Impact of Technology” series; the first was “Impact of technology in gas processing plants—Part 1,” which appeared in the October/November 2018 issue of Gas Processing & LNG.

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