Heriot-Watt PhD students win Freshhh 2013

Heriot-Watt University PhD students Dennis Obidegwu, pictured centre holding trophy, and to his left Danil Khakimov and Ricardo Rangel

Record numbers entered the MOL Hungarian Oil and Gas Company (MOL Group) Freshhh 2013 student competition, with over 2,600 students forming 887 teams from more than 60 countries participating in the contest.

The winning teams

One Austrian, one British, three Croatian, two Hungarian, one Romanian, one Slovakian and one Serbian team qualified for the finals.

First place: the €˜DDR' team from Heriot-Watt University, UK, Institute of Petroleum Engineering PhD students Danil Khakimov, Dennis Obidegwu, Ricardo Rangel made up the team.

Second place: the €˜3 Tage Wach' team from the Budapest University of Technology and Economics and from Andrássy University Budapest, Hungary.

Third place: the €˜Lotus' team from Babes-Bolyai University, Romania.

About the competition

In the first phase of the three-round competition, entrants, competing in a virtual scenario through the Internet, had to solve industrial and strategic tasks set by MOL Group.

The best 40 teams from the 1st round qualified for the next round, Strategy Simulation, in which each team had to operate a virtual gas station. The task here was to make the right decisions based on careful market analysis to ensure the effective operation of the filling station.

The 10 best teams from this round participated in the finals, live in Budapest, where they had to compete in various assignments judged by a jury consisting of MOL Group managers.

Prizes

  • 1st prize €9,000
  • 2nd prize €6,000
  • 3rd prize €3,000
  • Members of the remaining seven teams received tablet devices.

In addition to all this, one of the key objectives of Freshhh finalists was, quite naturally, to build a career with MOL Group and the competition was the ideal first step along this road.

The MOL Group

MOL Group is among Central Europe's leading international oil and gas companies with operations in 40 countries in Europe, the Middle East, North Africa and CIS member countries. Our international team consists of close to 30,000 people worldwide. MOL Group presently conducts exploration activities in 11 and production in 7 countries worldwide. The Group also operates five refineries and two petrochemicals units under integrated supply chain management, in Hungary, Slovakia, Croatia and Italy. MOL Group also owns a network of over 1,700 filling stations in 11 countries across Central & South Eastern Europe and operates a 5,800 km long high pressure gas pipeline system in Hungary.