Malaysia Industry Transformation
MIT Technologies is an Oil & Gas technology provider founded in Malaysia in 2010. Our innovative team, unique expertise, and local roots in major markets allow us to innovate and provide game-changing products & services, for the upstream oil and gas industry.
We design and manufacture a portfolio of proprietary leading-edge oilfield products at the forefront of global drilling, completion, and production technology, all focused on reducing risks and increasing returns.
Our Purpose
Fostering a resilient and sustainable organization, in partnership with our stakeholders, fueled by innovation and guided by the IHSAN principles.
[Ihsan: Excellence in all we do, Compassion, and Kindness with all].
Our Mission
MIT Technologies aims to contribute to the economic growth of the oil and gas industry by developing innovative products and providing top-quality services that improve well construction economics and reduce operational risks for the upstream sector worldwide.
Guiding Principles
- People:
Our team, their motivation and dedication to safety, ethics & customer service worldwide is our greatest strength, - Technology:
Our commitment to delivering innovative technologies that meet the highest standard of quality and reliability provides the basis for our competitive advantage, - Efficiency:
Our determination to operate efficiently in all that we do and produce superior results is the cornerstone of our resilience and sustainable growth.
Aile R&D
We adopt a highly agile R&D methodology to accelerate product development and minimize time to market.
Our Dynamic organization structure combined with multi-skilled, multi-tasking, and continuous cross-team collaboration allows us to develop alternative solutions and effectively overcome design & manufacturing challenges.
Deep Local Roots
MIT Technologies is built on the strengths of oilfield product development with deep local roots in all of its core markets. The resulting longstanding ties with operators in diverse basins enable MIT Technologies to provide products that satisfy mandates for locally manufactured content and are tailor-made for the specific challenges of those basins.
MIT Technologies continues to expand its product portfolio through global research bridging the industry and local academic research centers to improve the operation economics of today’s exploration environment.
We continue to maintain a culture of safety, innovation, and excellence in all that we do.
University Relations
Creating and supporting academic opportunities.
Universities are a fundamental source of talent for the industry and the global economy. At MIT Technologies, we take the responsibility of sponsoring academic research for postgraduate and industrial training for undergraduate students. Our experts guide the sponsored students on the latest technology available and enrich university research with real-time applications in the ever-growing energy industry.
Code of Business Conduct – Summary
Our company is committed to the highest ethical standards, compliance, and excellence, guided by the principle of IHSAN—striving for sincerity, excellence, and integrity in everything we do.
Our Core Commitments
🔹 Integrity First
Act with honesty, fairness, and transparency in all business dealings. Always do what is right and ethical, even when no one is watching.
🔹 Compliance with Laws
Strictly adhere to all applicable local and international laws, including anti-bribery, anti-corruption, trade, and competition regulations.
🔹 Zero Tolerance for Corruption
Never offer or accept bribes or improper payments. Gifts, entertainment, and donations must be reasonable, transparent, and legally compliant.
🔹 Avoid Conflicts of Interest
Disclose any personal or financial interests that could conflict with the company’s interests. Avoid situations that may compromise your integrity.
🔹 Respect and Inclusion
Foster a workplace that is free from harassment and discrimination, where everyone feels valued and respected.
🔹 Health, Safety, and Environment (HSE)
Care for people and the planet by prioritizing safety, security, and sustainability. If work cannot be done safely, stop it.
🔹 Confidentiality and Data Protection
Protect company, client, and partner information. Handle data responsibly and report any suspected breaches or cyber incidents.
🔹 Financial Integrity
Maintain accurate and transparent records. Never falsify documents or misrepresent facts.
🔹 Speak Up Culture
Raise concerns about unethical behavior or misconduct without fear. You can report to:
- Your direct manager or another manager
- The Human Resources representative
- A member of the Board of Directors
🔹 Accountability and Continuous Improvement
Stay informed, trained, and committed to this Code. Violations may result in disciplinary action.
For more detailed Code of Business Conduct, please refer to the following page: