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News

Icelandic team lands second place in PetroChallenge International competition

31.1.2011

Over the last 5 months, over 4000 high school students and 200 teams have participated in PetroChallenge across Denmark, Iceland, Greenland, Norway and the UK as part of the Oil and Gas industry's pursuit of finding future personnel. In Iceland, three schools participated.

Using OilSim, a computer based simulation developed by Simprentis, PetroChallenge emerges the students in an engaging and dynamic learning experience.   The 2 day events have given all involved an overview of the oil and gas industry and hands-on experience of team work, strategic planning, financial management, analytical thinking, critical decision making and risk assessment versus potential return on investment.   

On Saturday, 29 January, at the Department of Earth Science and Engineering at Imperial College London, 17 students represented their countries for the title of PetroChallenge International Champions, with the honour of returning home with PetroChallenge trophy and what remains of their £1000 prize money!

The competition was very close and Iceland and Denmark took turns in the lead. In the final five minutes the Danish team managed ensure their victory. Iceland was in second place and Greenland in third.

Further information on the web-site of Simprentis.