Halliburton Co. has awarded a multimillion-dollar software grant to Universiti Teknologi PETRONAS (UTP) on March 16 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.
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.
“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,” Rao Abdullah, vice president of business development and NOC’s in Asia Pacific, said. “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.”
Recommended Reading
What's Affecting Oil Prices This Week? (Feb. 3, 2025)
2025-02-03 - The Trump administration announced a 10% tariff on Canadian crude exports, but Stratas Advisors does not think the tariffs will have any material impact on Canadian oil production or exports to the U.S.
Murphy Shares Drop on 4Q Miss, but ’25 Plans Show Promise
2025-02-02 - Murphy Oil’s fourth-quarter 2024 output missed analysts’ expectations, but analysts see upside with a robust Eagle Ford Shale drilling program and the international E&P’s discovery offshore Vietnam.
Phillips 66’s NGL Focus, Midstream Acquisitions Pay Off in 2024
2025-02-04 - Phillips 66 reported record volumes for 2024 as it advances a wellhead-to-market strategy within its midstream business.
Chevron Targets Up to $8B in Free Cash Flow Growth Next Year, CEO Says
2025-01-08 - The No. 2 U.S. oil producer expects results to benefit from the start of new or expanded oil production projects in Kazakhstan, U.S. shale and the offshore U.S. Gulf of Mexico.
More Players, More Dry Powder—So Where are the Deals?
2025-03-24 - Bankers are back and ready to invest in the oil and gas space, but assets for sale remain few and far between, lenders say.