Oil Rigs International Scholarship Program for Petroleum Engineering Majors

Houston, Texas (December 18, 2024) Oil Rigs International, a leading name in the oil services industry, is proud to announce the creation of a new scholarship program aimed at promoting Petroleum Engineering as an academic major. Petroleum engineering is one of the highest-paying engineering majors. According to data, petroleum engineering has both the highest starting income and the highest lifetime income among engineering majors. The median starting salary for petroleum engineers is around $100,000 and the median lifetime earnings are approximately $5.17 million. This makes it a lucrative field for those interested in the oil and gas industry. Additionally, petroleum engineering graduates from top colleges can expect high starting salaries. For example, graduates from schools like the University of Wyoming and the Colorado School of Mines have median starting salaries of around $107,900 and $109,300. The annual scholarship will award students based on their academic achievements both inside and outside the classroom, fostering the next generation of leaders in the oil and gas sector. The scholarship will be awarded twice a year to outstanding students pursuing a degree in Petroleum Engineering. Recipients will be selected based on their academic performance, extracurricular involvement, and commitment to the field. This initiative underscores Oil Rigs International's commitment to supporting education and encouraging students to pursue careers in Petroleum Engineering. The scholarship program will be an ongoing annual initiative, reflecting the company's dedication to investing in the future of the industry. A spokesperson for Oil Rigs International said “We are thrilled to launch this scholarship program to support and inspire the next generation of petroleum engineers. By recognizing and rewarding academic excellence, we hope to encourage more students to pursue careers in this vital field and contribute to the advancement of the oil and gas industry."