LONDON, ENGLAND--(Marketwired - Nov. 10, 2015) - Although fluctuating prices have made this past year a constant struggle for some companies, this isn't to say that there are no opportunities in the oil and gas sector today. For proof, this year's Oil and Gas Awards see World Finance acknowledge the institutions that have achieved success in the face of adversity.

The events of the past year have done much to inspire a series of transformations in the oil and gas sector, as the issues of price volatility, oversupply and climate change have all demanded immediate action. "Diversification is now the name of the game, and a singular reliance on resource wealth just doesn't cut it in today's low price climate," according to World Finance.

The World Finance Oil and Gas Awards recognise the companies that have done their utmost to weather the storm, and emerged out the other side all the better for it. Looking at factors as far apart as corporate governance, diversity, innovation, and many, many more, the winners offer insights into the health of the sector, and what the future might hold.

Traditional operating models have come under the microscope, and the better performers are the ones that have embraced change as one of the conditions for success. "Pressure from the public and shareholders is one thing," according to World Finance, "but falling oil and gas prices mean that anything less than fundamental change will fall short of what is required."

For more on the winners of this year's Oil and Gas Awards, read the latest issue of World Finance, available in print and online now.

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World Finance
Matthew Timms
Editorial Department
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