- UPPP is an international E&P competition for geoscience and petrotechnical students of selected universities
- The winning team is ONIONgas from Poland
- The top 3 teams will be awarded with 20.000 Euro and can start their careers at MOL Group through the "UPPP Technical Placement Program"
Budapest, Hungary, 12th December, 2014 –MOL Group proudly announces today the winners of UPPP Competition. Out of 972 international teams 10 teams participated at the live finals between 9th and 11th of December in Budapest, Hungary. Polish students from AGH University of Science and Technology are ranked as the top team of the E&P competition. MOL Group, a leading international oil and gas company, is looking for top geoscience and petrotechnical talents.
972 three-member teams applied for the talent acquisition program UPPP from 27 universities in 14 countries, ranging from the UK and Central Europe to the Middle East. Top ten teams from 6 countries made it to the live finals which took place from 9th until 11th of December in Budapest. During the live finals, teams had to solve challenging tasks related to the competition motto “Enter if you dare” in a base camp, which was organized exclusively for the top ten teams. In the Live Final event, the best 5 teams had to present their case to MOL Group E&P management. Based on the jury’s evaluation, top three teams won a total of 20,000 Euro and got the opportunity to join MOL Group and start their international career through the 18-month “UPPP Technical Placement Program”.
„We congratulate the top three teams for winning this one of a kind competition. I would like to thank all participants for their endless efforts during the competition. The outstanding results and feedback from the participants are showing us once more that we are heading in the right direction to attract top talents for MOL Group’s challenging E&P assignments. We are delighted to have that positive response and to set a new benchmark“, said Zdravka Demeter Bubalo, HR Vice President of MOL Group.
The first prize goes to ONIONgas team (Jakub Pitera, Dawid Bydlosz, Tomasz Malachowski) from AGH University of Science and Technology, Poland. “The three—day UPPP experience was astonishing. Every part of the program from the accommodation to the Finals was organized to the highest international standard. This has been the biggest adventure of our lives. Final results were completely unexpected, and we think winning the competition is a great kick-start of our careers.” said the winning team.
Second place goes to TeamMechanical from NED University of Engineering and Technology, Pakistan, and third place goes to OIL UP team from University of Miskolc, Hungary.
You can find more information about UPPP at: www.uppp.info, www.uppp.info/enterifyoudare and www.facebook.com/moluppp
About the UPPP Competition
UPPP is a special competition to promote MOL Group among graduates in Upstream-related disciplines. In the first year, students from targeted universities had the opportunity to apply for the competition. Students first compete via an online platform by solving industrial and strategic tasks. The tasks and cases will be actual MOL Group E&P cases from Pakistan. The top teams will have the opportunity to compete in the live finals, and the best applicants will be offered to join MOL Group and start their careers through the newly developed “UPPP Technical Placement Program” and to win a total of 20,000 EUR prize money. Students who are not in the final year of their studies will be offered scholarships, training opportunities and options for a summer internship.
About the UPPP Technical Placement Program
The "UPPP Technical Placement Program" is an 18-month development program for young professionals with focus on the E&P sector. The program is based on four pillars, which entails practical experience and training units. The main objectives are to develop essential entrepreneurial skills and technical expertise at the same time. The program will offer on-site experience at two or more international upstream locations, and HQ exposure in MOL Group's headquarters in Budapest.