KUALA LUMPUR--(BUSINESS WIRE)--Halliburton Company (NYSE: HAL) today announced it awarded a multimillion dollar software grant to Universiti Teknologi PETRONAS (UTP) to support the education and development of students pursuing careers in the oil and gas industry. The three-year donation provides access to Halliburton Landmark’s DecisionSpace® suite of exploration and production software so students can bridge the gap between academic coursework and practical application.
The grant also facilitates the Halliburton Science and Technology for Exploration & Production Solutions (STEPS) program which offers students the opportunity to conduct a research project while receiving industry-relevant training and mentorship. Two UTP graduate students will participate in the program and have access to the latest software to better understand real-world data and create a dynamic learning environment.
“Halliburton is proud to offer this opportunity to UTP students to enable the development of important technical skills and relationships that are critical to future success,” said Rao Abdullah, vice president of business development and NOC’s in Asia Pacific. “We believe learning is most effective when students collaborate with experienced practitioners and utilize cutting-edge technologies to broaden their knowledge and cultivate new skills.”
In addition, Halliburton will deliver adjunct lectures for undergraduate and master’s degree students on a variety of topics including drilling, production, field development and data science. The donation is delivered through Halliburton Landmark’s University Grants Program, which contributes renewable software licenses to qualified academic institutions worldwide.
"It is a privilege for us to receive this software grant from Halliburton. The software program will enable students to practically apply scientific and theoretical principles to real-world scenarios. This will greatly benefit students in the realm of practical experience and prepare them well for careers in the oil and gas industry. It is also perfectly in sync with UTP’s commitment to produce industry relevant and industry ready graduates,” said Professor Ts. Dr Mohamed Ibrahim Abdul Mutalib, UTP Vice Chancellor.
Founded in 1919, Halliburton is one of the world's largest providers of products and services to the energy industry. With approximately 40,000 employees, representing 130 nationalities in more than 70 countries, the company helps its customers maximize value throughout the lifecycle of the reservoir – from locating hydrocarbons and managing geological data, to drilling and formation evaluation, well construction and completion, and optimizing production throughout the life of the asset. Visit the company’s website at www.halliburton.com. Connect with Halliburton on Facebook, Twitter, LinkedIn, Instagram and YouTube.
ABOUT UNIVERSITI TEKNOLOGI PETRONAS (UTP)
UTP, which was founded in 1997, is one of the leading universities in the region. It offers a wide range of industry-relevant engineering, science and technology programmes as well as management and humanities at undergraduate and postgraduate levels. UTP has produced over 19,000 graduates from more than 60 countries and has become one of the main feeders within the region in producing competent talents and workforce. For more information, visit www.utp.edu.my. Follow us on our social media at UTPOfficial.