Sakhalin Energy Was Named a Finalist of Platts Global Energy Awards

Sakhalin became a finalist of the most prestigious professional award in the energy sector - Platts Global EnergyAwards in the nomination Upstream Transformation.

Established in 1999 and often described as "the Oscars of the energy industry," the S&P Global Platts Global Energy Awards highlight superior performance and leadership in various categories spanning the entire energy complex.

International recognition of Sakhalin Energy has been made possible by high performance in the key activities of the company:  commitment to Goal Zero programme implying no harm and no leaks, Top Quartile performance, environmental responsibility and continuous improvement.  

“This year we decided to be nominated jointly by onshore and offshore assets. It is particularly important that we acknowledge our achievements as the result of common work of production services staff as well as support services and contractors”, said Denis Lutsev, Onshore Assets Manager of Sakhalin Energy. “For me, as a manager, this award incarnates the success of hundreds of my colleagues - committed, advanced, enthusiastic, representing probably the best integrated team not only in oil and gas industry, but in the whole world!” 

Sakhalin Energy is constantly improving its business processes as well as tools and technologies involved in the operations. The company uses the best international practices in the oil and gas industry, developing and implementing own solutions aimed at constant preparedness to tomorrow’s risks and opportunities and guarantee of safety and reliability.  

Award finalists are selected from hundreds of candidates by reputable panel of judges including managers of major energy companies, scientists and leading international energy experts.

The most important criteria for the Award are strategic vision, financial results, technical innovations and peer recognition.  In addition, to achieve the highest results and global recognition the companies have to implement innovative approaches to resolving the entire range of challenges and constantly improve their activities.

S&P Global Platts is the leading independent provider of information for the energy and metal markets and a source of benchmark price assessments in the physical commodity markets.  Platts carries out its activities since 1909, bringing clarity and transparency to the energy and commodities markets and enabling clients to make business decisions with conviction. The company works with customers in more than 150 countries.  Real-time news, price assessments, analytics and conferences are essential to driving growth and transparency of the markets.


1 October 2019