The award is granted by the Society of Petroleum Engineers (SPE) to student chapters, which demonstrated the most remarkable results of activities among the chapters from all over the world.

For assessment the following factors are considered: amount and scale of events, held by the chapter, interaction with teachers and professors of the university, which coordinate professional SPE section and companies, and also the number of members and their involvement in events, held by the society.

The “Gold Standard 2017” award became the sixth for Gubkin University SPE Student Chapter. Previously the chapter received the awards “Outstanding Chapter” (2012, 2014) and “Gold Standard” (2012, 2013, 2015).