The Energy Industries Council (EIC), the world-leading energy supply chain trade association, has been named the Market Intelligence Platform of the Year at the prestigious OWI Global Awards 2023.
Securing victory against five other contenders, this recognition emphasises EIC's role as a provider of robust market intelligence within the global energy industry. The OWI Global Awards, held in Aberdeen, is an annual celebration that acknowledges excellence in global well intervention. The EIC was chosen by an expert judging panel from among six outstanding contenders.
John Petchey, EIC Membership Manager for Scotland, Northern Ireland, and Scandinavia, who received the award on behalf of the EIC, expressed gratitude for the recognition, stating, "We've been delivering market intelligence for over 23 years, continually innovating and evolving our services to meet the dynamic needs of our global membership base." Petchey credited the success to the support of the 900 EIC member companies, acknowledging their role in driving continuous improvement.
EIC's flagship database, EICDataStream, launched over two decades ago, has been pivotal in delivering comprehensive market intelligence. With over 14,307 tracked projects and a combined CAPEX of $13.8 trillion, EICDataStream provides a valuable resource for informed decision-making. Additionally, EIC's other proprietary databases, including EICAssetMap and EICSsupplyMap, offer detailed insights into global energy facilities and supply chain companies across key regions.
Neil Golding, EIC Director of Market Intelligence, said, "Our data encompasses detailed information across different sectors of the global energy industry in one location, providing EIC member companies with a view of the current project landscape around the globe. The insight provided by the data allows companies to make informed decisions on where to do business now and into the future."
He added, "Our team of global experts provides the content and analysis of the data and is at hand to help our members navigate the ever-evolving global energy market and it is great to see their work acknowledged in this way ."
Bob Gear, Head of Information Systems who helped create EICDataStream, said, "Our members' needs are our top priority. User feedback has been instrumental in moulding our data products since the inception in 2000, and it continues to guide us into the future. We are committed to an ongoing journey of delivering innovations in quality and usability to better serve our members."
Established in 1943, the Energy Industries Council is a non-profit organisation and one of the world's largest energy trade associations. With a membership exceeding 900 companies, ranging from major international contractors to specialised service providers, EIC's objective is to provide its members with a powerful network of global energy customers, building the world's largest energy supply chain membership.
The EIC was awarded in April the King's Award for Enterprise: International Trade, in recognition of its outstanding contribution to UK exports. The King's Award for Enterprise is the most prestigious official recognition for business excellence in the UK.
For more information about EIC, please visit: https://www.the-eic.com
Read the latest issue of the OGV Energy magazine HERE