Rochester, New York 12/5/2009 9:50:00 AM
News / Business

Anadarko Petroleum (NYSE: APC) wins Energy Company of the Year and CEO of the Year

Houston-based independent oil and gas exploration and production company Anadarko Petroleum Corporation (NYSE:  APC) won TWO prestigious awards  recently at 2009 Platts Global Energy Awards held at the Cipriani Wall Street. Not only did the firm win Energy Company of the Year, but helmsman James Hackett was bestowed CEO of the Year honors before an audience of more than 500 energy executives from 20 countries. "It's no surprise that the judges found James and his firm to be exemplary of not only leadership, but execution," said Larry Neal, president of Platts.

 

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The judges pointed to Anadarko's three-year transformation following its acquisition of two major competitors, noting that with Hackett at the rudder, the firm had successfully steered through numerous divestitures, exceeded its production targets, restored its balance sheet and maintained its commitment to exploration, which paid off in one of the world's top 10 discoveries offshore Ghana. The energy industry's most prestigious annual awards program, now in its 11th year, is hosted by Platts, the world's leading energy and metals information provider, which is celebrating its 100th anniversary this year. The awards honor outstanding achievement in the energy industry, recognizing corporate and individual accomplishments, innovation and entrepreneurship. "We at Platts congratulate each of this year's winners, and the finalists as well, for achieving above-the-bar performance, especially in an economic environment of heightened market volatility and uncertainty," said Neal. The winners in a total of 17 award categories were chosen by an independent international panel of judges from a record number of nominations from 22 countries. The winning companies came from India, Italy, the Netherlands, South Korea, Spain, Thailand, and the United States.

 

 

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