The University of Engineering and Technology (UET) Lahore signed a Memorandum of Understanding (MoU) with Total Parco Pakistan Ltd. This agreement was signed to promote academia and industry relationships.
UET is with a mission to play a leading role in teaching, research, innovation and commercialization that is internationally relevant and has a direct bearing on national industrial, technological and socio-economic development. Total Parco Pakistan Limited, stylized as TOTAL PARCO, is a Pakistani oil marketing company which is a subsidiary of French company Total S.A. It was founded in 2002 as a joint venture between Pak-Arab Refinery (PARCO) and TotalEnergies SE.
According to the agreement, UET will provide Total Parco with image building and marketing opportunities at its campuses while Total Parco will organize training workshops, seminars, industrial study tours and conferences for university students, faculty members and employees. Apart from internship programs, Total Parco will also provide employment opportunities to university students. Similarly, Total Parco will be obliged to provide its services to the final year university students to help them in their final projects.
The agreement was signed for a two-year renewable period, which was signed by Vice Chancellor Prof Dr Syed Mansoor Sarwar on behalf of UET, while Chief Operating Officer of Total Parco, Mr Mehmet Celepoglu.