Downturn Fails to Deter SPE Oil, Gas Bursary Program
The oil and gas industry downturn has failed to deter the Society of Petroleum Engineers Aberdeen 2017 bursary program, Ian Phillips, chairman of SPE Aberdeen said in a statement.
“The last couple of years have been an extremely challenging time for the industry, and external factors have sadly forced some businesses to reduce this type of support for students,” Phillips said.
“We are extremely proud that we have been able to continue running our student bursary program throughout the downturn, ploughing our modest surplus funds back into the future of the industry,” he added.
SPE Aberdeen awarded a total of $24,534 (GBP 20,000) to the winning students in its 2017 student bursaries program. In the last 10 years alone, more than $122,000 (GBP 100,000) of financial support has been awarded to over 100 students.
In 2017 almost 100 students applied for awards, with 20 winners selected to receive grants. Five bursaries of $3,066 (GBP 2,500) and 15 bursaries of $612 (GBP 500) were awarded to students from the University of Aberdeen, Robert Gordon University, University of Dundee and Heriot Watt University.
The bursaries were awarded to students currently undertaking oil and gas related degrees at various levels, from undergraduate to PhD. Each applicant was judged on the quality of their academic work, their intent to embark upon a career in the oil and gas industry and their active involvement with SPE.
“We’re presented with a challenge every year to select the highest performing candidates, and this year was no different with an extremely high quality of applications,” judge Alan Dick, vice president at Simmons & Co, said.
“Judging these entries is an inspiring process to go through. The whole panel were very encouraged by the work ethic, innovative thinking and presentation skills of each of the candidates. We wish all of the winners the very best in their future careers,” he added.
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