BP pedestrian Bridge

A formal agreement has been signed between energy giant BP and the University of Cambridge marking their intention to expand their long-standing relationship and collaborative research.

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.

David Eyton

BP Group Head of Research & Technology, David Eyton, met with Vice-Chancellor Professor Alison Richard today to sign a Memorandum of Understanding (MoU) agreeing that BP and the University will work to deepen and more fully integrate their research collaboration and continue to attract the best students to employment opportunities within BP, to the mutual benefit of both.

The University of Cambridge is ranked among BP's top recruiting universities in the UK. The company has already made significant investments, 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. BP is this year funding £800,000 worth of research and provides £600,000 a year in research scholarships and undergraduate support.

"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," Mr Eyton said.

The MoU signing heralds increased collaboration in a number of select areas, based around creating new knowledge, employment of Cambridge graduates and mutual support between the two organisations.

Professor Richard said: "We very much value working in close partnership with industry here at Cambridge, and enjoy an excellent and burgeoning series of relationships with BP. I am delighted to sign this agreement today which will make it easier to foster contacts between these two complex institutions. We look forward to even greater collaboration."


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