OMV Founds International Petroleum Academy in Austria

Austria's OMV reported Tuesday that it plans to establish a petroleum academy with one of the country's leading universities.

OMV said, as part of a $13.5-million-per-year initiative to expand cooperation with the Montanuniversität Leoben, it will double investment in research and teaching at the university and will see it establish the International Petroleum Academy, which will offer a master's degree program. The academy will allow the university to produce twice as many graduates, including an international pool of graduates, for the oil and gas industry.

The initiative is a direct consequence of OMV's plans – outlined at the end of July – to recruit 1,600 additional technical staff by 2016 as part of its strategy to see it achieve significant expansion in its exploration and production activities.

The firm said that while there is strong demand for petroleum engineering and geosciences graduates, as well as demand for experienced experts, intensifying its cooperation with Montanuniversität Leoben is an "important step" in increasing the potential of recruiting graduates with the necessary expertise.

The master's degree will be launched in the autumn of 2014 at the International Petroleum Academy. Management skills such as a foundation in economics and communication will be taught alongside health and safety and a responsible approach to society and the environment, said OMV. The firm added that the International Petroleum Academy will offer cutting-edge educational approaches combined with practical industry expertise.

The degree follows the establishment of an international bachelor's degree by OMV and Montanuniversität Leoben in 2012 that trains young people for work at companies like OMV. The new program will be conducted in English, allowing Austrian and other non-native English speakers to acquire the language skills they will need in their professionals lives, OMV said.

OMV CEO Gerhard Roiss commented in a company statement:

"We view investment in the education of young people as part of our corporate responsibility. Furthermore, this will enable us to contribute to Austria's competitiveness on the international stage."

A former engineer, Jon is an award-winning editor who has covered the technology, engineering and energy sectors since the mid-1990s. Email Jon at jmainwaring@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE



Most Popular Articles

From the Career Center
Jobs that may interest you
HR Manager, Senior (Construction)
Expertise: HR - General
Location: Atlanta, GA
 
US Human Resources Manager
Expertise: HR - General
Location: Houston, TX
 
Operations Manager
Expertise: Operations Management|Process Management|Regulatory Compliance
Location: Kermit, TX
 
search for more jobs

Natural Gas : $3.64/MMBtu 0.27%
Brent Crude Oil : $53.93/BBL 1.83%
Light Crude Oil : $50.93/BBL 1.66%
Updated in last 24 hours