Project Excellence Award

Recognise Outstanding Industry Projects

The IPTC Project Excellence Award honours exceptional achievements by a company or companies in delivering major industry projects through the seamless integration of multiple disciplines, from discovery to delivery.

As the upstream energy industry evolves towards increasingly complex and capital-intensive developments in pursuit of sustainable energy, it is imperative to challenge conventional approaches. Celebrating and sharing insights from successfully integrated projects that set new benchmarks for excellence is critical to advancing the industry.

The IPTC committees and sponsoring societies are committed to recognising projects completed within the qualification period of 24 March 2022 to 24 September 2026, with an investment exceeding USD 500 million, that have demonstrated outstanding performance across the entire exploration and production value chain.

The IPTC Project Excellence Award is presented to projects that not only add value to the industry but also showcase strong teamwork, solid geoscience knowledge, reservoir and production engineering acumen, vigilant and meticulous construction, outstanding facilities engineering practices, and pioneering efforts in sustainable energy practices. Equally important is the need for a pervasive culture of Health, Safety, and Environment (HSE) and a positive impact on the communities they affect.

Email iptc@iptcnet.org for more details.

Submit Your Nomination>>

SUBMISSION DEADLINE: 20 NOVEMBER 2026

Note

Only completed projects with a capital investment above USD 500 million over the past five (5) years and six (6) will be considered.
Projects must be completed (first or incremental gas or oil production) in the past five (5) years and six (6) months from the scheduled conference date (i.e. qualification period is 24 March 2022 to 24 September 2026). Project nominations will remain active for two consecutive future IPTC events, as long as the nomination continues to meet the qualification criteria.
The Winner will be selected and notiﬁed in January 2027.
The company, organisation, or institution must designate and send a representative to IPTC 2027 in Bangkok, Thailand, to receive the award at the Awards Ceremony on Wednesday, 24 March 2027.
Winner will be required to provide a video montage (60 seconds/1 minute) to be presented during the Awards Ceremony.
The Winner will have the opportunity to present their project in a showcase session during the conference on Wednesday, 24 March 2027.
The committee will select one award-winning project in this category; there will be no runner-up ﬁnalists.
Submissions entered in multiple categories (Project Excellence or Sustainability Excellence) will be evaluated only under the category deemed most appropriate by the Awards Committee.

Project Elements (15%)

Full value chain from exploration to delivery
Delivery of elements will be looked at for green field projects
Degree of complexity will be assessed for brownfield projects

Project Impact (20%)

Significance of the impact to the industry, rather than the scale of the project
Local, regional or international impact on value added basis rather than scale basis
Local content

Use of New Technologies and Innovation (15%)

Degree of the application of new technologies
Fit for purpose new technology application has the advantage rather than over-engineered or extravagant application

Subsurface, Geoscience and Surface Integration Aspects (15%)

Smart integration methods (innovative integration of geoscience with engineering)

QHSE (10%)

Lagging indicator performance management system efforts
Main safety challenges
Quality assurance

Environmental, Social and Governance (ESG) (10%)

Quantitative Indicators: Project GHG emission footprint mitigation
Sustainability – e.g. energy efficiency, water usage and reuse, quality and consumption
Social contributions

Project Execution (15%)

Budget, timing challenges, etc.

How to Nominate

Complete IPTC Nomination Form here
Maximum 10 slides highlighting the project, covering the listed criteria

IPTC 2026 Recipient

Grand Tortue Ahmeyim (GTA) Phase 1 project is an innovative liquefied natural gas (LNG) development operated by bp, alongside its partners (Kosmos, PETROSEN and SMH) and the governments of Mauritania and Senegal.

It features deepwater wells in water depths of up to 2850m, an 80km pipeline to a floating production, storage, and offloading vessel (FPSO) processing 500 million cubic feet of gas daily, and on to a floating liquefied natural gas vessel (FLNG) and LNG terminal behind a 1.2km artificial breakwater, designed to protect the FLNG vessel and visiting LNG carriers from adverse weather.

First gas was announced earlier this year.

IPTC 2025 Recipient

The Coral South project, operated by Eni, is Mozambique's first ultra-deepwater FLNG development, positioning the country as an LNG exporter while delivering significant economic and social benefits. Achieving first LNG production in 2022, it has shipped over 80 LNG cargoes with exceptional efficiency and sustainability.

The project created over 800 local jobs, improved healthcare for 500,000 people, and supported education and clean energy initiatives, aligning with UN SDGs. Its innovative technologies and outstanding execution set a new benchmark for FLNG developments worldwide.

IPTC Project Excellence Award