Schlumberger is donating $2.35 million to advance the University of Houston’s Energy Research Park.

The donation will help the university expand and renovate facilities at the 74-acre site, which was formerly Schlumberger’s North America headquarters. The park currently houses the university’s petroleum engineering program and labs focused on clean engines and wind energy technology.

The university’s first spin-off company, a nanotechnology business called C-Voltaics, is also based at the site.

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In recognition of the donation, the university is renaming the Energy Research Park’s Building 1 as the Schlumberger building.

“This substantial contribution from Schlumberger allows us to take another important step forward in the continuing development of the Energy Research Park and in our commitment to become The Energy University,” UH President Renu Khator said in a statement.

UH bought the former Schlumberger property in 2009 and set it up as the home of its growing energy programs.

The UH Energy Research Park is located at 5000 Gulf Freeway, about 2 miles from the main UH campus.

Sourced from Fuel Fix