ConocoPhillips has donated US$ 1.185 million to The University of Texas, Austin. A US$ 685 000 portion of the donation is intended to support a variety of programs and activities that stimulate interest and professional development among students and faculty in their chosen disciplines within the Cockrell School of Engineering, the McCombs School of Business, the College of Natural Sciences, and the Jackson School of Geosciences.
The remaining US$ 500 000 is half of a US$ 1 million pledge to support the ConocoPhillips Student Project Laboratory within the Cockrell School’s new Engineering Education and Research Center. The investment will provide funding for five years to support multidisciplinary student engineering projects, which will enable collaboration and hands on training to prepare students for their careers.
The remaining US$ 500 000 of the pledge will be contributed in 2015.
Sharon L. Wood, interim dean of the Cockrell School, said: “ConocoPhillips continues to be an outstanding partner, and we are grateful for its support of our engineering students”.
“When completed, the ConocoPhillips Student Project Laboratory will offer our students an extraordinary opportunity to formulate and test their innovative ideas by working together”.
Larry Archibald, senior vice president, Exploration and Business Development at ConocoPhillips, said” ‘We’re pleased to continue our investment at The University of Texas at Austin. These funds will help support highly talented, innovative students who will one day contribute to the success of our industry”.
Adapted from a press release by Emma McAleavey.
Read the article online at: https://www.hydrocarbonengineering.com/gas-processing/19052014/conocophillips_donates_542/