News

Visit of H.E. Ambassador of Egypt

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MIT Technologies was honored by the visit of His Excellency Gamal Abdelrehim Metwally,  the Ambassador of Egypt to Malaysia on 5th of December 2018. The Egypt-Malaysia bilateral relationship is historical and the visit is marking a recognition of milestone achievement in investment and bi-lateral collaborative technology development in the Oil & Gas industry. His Excellency toured the new CNC manufacturing facility and extended to the team members encouragement and support.  

ADIPEC 2018

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            We are pleased to announce our participation in ADIPEC 2018, 12th Nov to 15th Nov 2018. Our new intelligent downhole tools shall be on display under Malaysia Pavilion stand 13512-8. Join us and see our award-winning technology for mitigating drilling risks and reducing the cost of well construction. About ADIPEC With 60% of attendees to ADIPEC seeking new products and innovations and 57% looking to source new suppliers, ADIPEC attracts buyers and influencers from 135 countries who shape the future of the industry under one roof. Showcasing your ...

Good Design Award

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The intelligent Circulation While Drilling (iCWD) technology has received the Japanese "Good Design Award". Receiving the award on behalf of the company is En. Nik Mustapha Fathil, Founder of MIT Technologies. Joined him during the award ceremony in Tokyo, Japan, is En Razis Ahmad, Director of Corporate Affairs. It is to note that iCWD is a technology jointly developed with Petronas. The invaluable support of Petronas and MATRADE was pivotal for the development and promotion of iCWD domestically and in the international market. See the event at the FB page of the Malaysian Embassy in Japan ...

iCWD Enables Fishing RA Source

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The intelligent Circulation While Drilling tool (iCWD) enables retrieving Radioactive (RA) source from Logging While Drilling (LWD) tools, ensuring a high level of safety and environmentally friendly drilling operation. A full test was conducted demonstrating the unique ability of iCWD enabling LWD Radioactive (RA) source fishing and retrieval. The test was conducted at operating base in Labuan Malaysia using all fishing assembly and equipment used in an actual fishing operation. For safety reason, the test was conducted using a dummy RA source depicting exact geometry of the actual ...

YB Yeo Bee Yin, MESTECC Minister visit to MIT Technologies

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MIT Technologies was honored by the visit of  YB  Yeo Bee Yin, the honorable Minister of Energy, Science, Technology, Environment & Climate Change (MESTECC) . The visit was part of YB tour to the Technology Park Malaysia (TPM) and to be updated with the latest R&D activities carried out by the company for upstream oil and gas industry. Minister visited MIT Technologies R&D, Testing and verification facility as well as the CNC manufacturing Center. Joined the minister was, YBhg. Dato' Ir. Hj. Mohd Azman Haji Shahidin - TPM CEO YBhg. Datuk Seri Dr. Mohd Azhar Hj. Yahaya - MESTECC ...

OTC 2018

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On 30th April 2018, we will be exhibiting our award-winning technology at OTC 2018. See you at the Offshore Technology Conference | 30 April - 3 May 2018 | Booth 6815, Arena, NRG Park, Houston, Texas, USA  Our intelligent drilling multi-cycle circulating tool,  iCWD, the winner of  Spotlight On New Technology award for OTC Asia 2016,   and the multi-cycle single-ball circulating sub (SWiFT) will be displayed at our booth. MIT Technologies shall be presenting its product in collaboration and the support of Malaysia External Trade Development Corporation (MATRADE) See you at Offshore ...

RM 2.4 Million Awarded

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KUALA LUMPUR, 12 February 2018 – MIT Innovation Sdn Bhd, the R&D arm of MIT Technologies, has been awarded MTDC’s Commercialisation Research Development Fund (CRFD) worth RM 2.4million (US$ 600,000). The CRDF funding is an enabling scheme that will contribute to increasing the production capacity and operating fleet. The cheque was presented by MTDC Chairman Dato' Latt Shariman Abdullah, and MTDC CEO Dato’ Norhalim bin Yunus and was received by En Razis B. Ahmad, the company's Director of Corporate Affairs. During the same event, The Malaysian Technology Development Corporation (MTDC) ...

Tech Gems On The Rise In Malaysia's OGSE Industry

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Kuala Lumpur, 29 December 2017:  MIT Technologies was featured in the press news article released on 29th December 2017 by Malaysia official news agency, Bernama, "Tech Gems On The Rise In Malaysia's OGSE Industry"  as quoted below. For the full article, please click here.  " ... Meanwhile, another R&D company, MIT Innovation Sdn Bhd, is reaping the reward of a 'mindset of abundance'. Chief Executive Officer Ahmed Tahoun said the company started R&D in 2010 driven by an ambition to develop technology that addressed a particular issue in the most challenging O&G environments. ...

ADIPEC 2017

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We are pleased to announce our participation in ADIPEC 2017, 13th Nov to 16th Nov 2017. Our new intelligent downhole tools shall be on display under Malaysia Pavilion stand 12430. Join us and see our award-winning technology for mitigating drilling risks and reducing the cost of well construction. About ADIPEC With 60% of attendees to ADIPEC seeking new products and innovations and 57% looking to source new suppliers, ADIPEC attracts buyers and influencers from 135 countries who shape the future of the industry under one roof. Showcasing your solutions and products in a market that forms ...

Technofund Certificate

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 En Razis B. Ahmad, Director of Corporate Affairs, received Technofund completion certificate during the MCY ECOSYSTEM SUPPORT AND JOINT COOPERATIVE DIALOGUE. Certificate was delivered by YB Datuk Seri Panglima Wilfred Madius Tangau, Minister of Science, Technology and Innovation (MOSTI). It is to note that MIT Technologies team has completed the iCWD Technofund program in March 2016, 6 months ahead of schedule. The event was held in Technology Park Malaysia, Bukit Jalil, Kuala Lumpur.

AAA rating

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KUALA LUMPUR, April 2017 -- MIT Innovation Sdn Bhd, has received the highest rating of "AAA" from SME Corp Malaysia, with the 1-InnoCert for “Professional Design” category . The 1-InnoCERT awarded under the program identifies and verifies innovative companies through an internationally-recognised innovation standard (OECD Oslo Manual V3) and the certification process is developed from similar proces practiced in Korea's Innobiz (Innovation SME) certification program. Certified companies under the program will be given a fast track access for incentives and other benefits. To learn more ...

iCWD Australian Patent 2013247466

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  It is our pleasure to announce that our Australian Patent application for Intelligent Circulation While Drilling tool, iCWD, has been granted under patent number  2013247466 as of 2nd March, 2017. iCWD is an award winning technology for well treatment and improved drilling economics. iCWD has received the  Spotlight On New Technology Award in OTC Asia 2016, and the Malaysian Supreme Award in 2016. It was featured by Malaysian Prime Minister during MCY 2016 event, 8th December 2016. For more information on iCWD contact us or email to: iCWD@MIT-Technologies.com.