Graduates at the University of Cambridge will have more opportunities to work for energy giant BP after a Memorandum of Understanding (MoU) to extend a long-standing relationship and collaborative research was signed.
The energy firm and the academic institution have agreed to deepen and integrate their research collaboration to continue to attract the best graduates from the university to employment opportunities within BP.
BP has already invested millions at the educational facility, including a ??22-million endowment to establish the BP Institute for Multiphase Flow in 2000, a ??1-million benefaction to establish the Cambridge Centre for Energy Studies in Judge Business School, and ??500,000-start-up funding for the Cambridge Centre for Indian Business.
This year, BP is investing ??800,000 towards research and a further ??600,000 a year will be given to research scholarships and undergraduate support.
BP Group Head of Research & Technology, David Eyton said: "Cambridge is one of the top science and engineering universities in the world. We want to investigate further opportunities to work together and to make the most of the commitments we have already made to recognise the opportunities available to both of us."
