Hungarian University Students Win MOL Group UPPP Competition
MOL Group announced Wednesday that three students from the University of Miskolc in Hungary have won the UPPP competition, beating over 1,000 other teams from all over the world.
Team Oil Fnatic participated in a two-day live final event in Budapest, where the top five teams competed for a total prize pot of €25,000 ($27,446) by solving real-life tasks that face the oil and gas industry. In 2015, the number of participants in the UPPP competition increased to 1,114 teams, from 972 teams last year. Talented professionals from the best teams earned the chance to receive a job offer from MOL Group and kick-start their career with the 18-month UPPP Technical Placement Program.
Zdravka Demeter Bubalo, HR vice president of MOL Group, commented in a company statement:
“We congratulate the top teams for winning this unique competition and thank all participants for the energy and hard work they demonstrated over the past few months. Our talent acquisition programs prove that MOL Group found a successful and adventurous way to attract young talents, which help us to overcome the critical generation gap the global oil and gas industry faces. We are proud to see that we managed to increase the number of participants and for the first time we opened up the program to all the countries in the world.”
Commenting on its win, Oil Fnatic said:
“We still cannot believe that we won the UPPP competition 2015, but we are really excited. Competing with more than 3000 students from 53 countries was a great challenge, and we feel very honoured to be on the first place. We participated in UPPP to begin a real adventure and progress our future career. The competition proved to be a challenging and intense time, but we enjoyed working together as a team on the project and present our ideas to the audience. It feels great to be acknowledged for something we are passionate about.”
Geomatrix from the AGH University of Science and Technology in Poland was awarded second place in the competition and third place went to Next Oil Generation from the Middle East Technical University in Turkey.
WHAT DO YOU THINK?
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.
- What Fueled Oil Price Downtrend?
- Oil Prices Drop to Levels Not Seen in Months
- Renewables Picking Up, E&P Firms Pen 82.5 GW Of Deals In 1H 2022
- ConocoPhillips Profit Jumps To Over $5 Billion
- Oil and Gasoline Futures Down Over 10% on the Week
- UKCS Oil And Gas Decommissioning Cost Estimate Drops By 25 Pct
- Eni Award Winning Researchers And Scientists Unveiled
- Sval Energy Buying Norwegian Subsidiary Of Suncor Energy
- UK PM Hopefuls Invited to Energy Debate
- Top Headlines: Pantheon Hits Multiple Oil Reservoirs at 2nd Alkaid Well
- Analyst Gives Year-End Oil Price Warning
- Fitch Solutions Unveils Latest Oil Price Forecast
- What Fueled Oil Price Downtrend?
- Transocean Contract Backlog Hits $7B+
- DOE Project To Prove U.S. Power Grid Can Fully Run On Clean Energy
- Oil Prices Drop to Levels Not Seen in Months
- Shell Makes Record Profits For Two Quarters In A Row
- OPEC+ Flags Severely Limited Availability of Excess Capacity
- Senator Sinema Key to Passing Schumer-Manchin Bill
- USA Gas Prices Hit 14 Year Seasonal High
- Ships Seized in Mariupol
- Oil Prices Hit Levels Not Seen Since April
- Over A Quarter Of Turbines Installed On Formosa 2 Wind Farm
- Saudis to Hike Oil Price to Record
- USA Diesel and Gasoline Demand Slip
- Texas Wind Power Failing When State Needs It Most
- Pantheon Hits Multiple Oil Reservoirs At Second Alkaid Well
- Guyana Just Keeps On Giving As Exxon Makes Two More Discoveries
- American Drivers Grab $3.11-a-Gallon Gas in Mexico
- Analyst Gives Year-End Oil Price Warning