News

1st Anniversary – Mexico

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    Believing in Your Dream, Together We Can Reach New Heights  Congratulations to the MIT Drilling Solutions, Mexico team for the wonderful achievement. It is a pleasure to announce the 1st anniversary of MIT Drilling Solutions Mexico! During this first year, we have successfully deployed operations in deepwater, shallow water, and on land. An infrastructure and service center has been established to better support our clients, and new products have been developed to meet their requirements. Vision 823Together for sustainable growth

Helmy Elsoda as COO

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We are excited to welcome Mr. Helmy Elsoda as the Chief Operating Officer at MIT Technologies. With over 26 years of international experience at Halliburton, where he most recently served as Vice President for Southeast Asia, Mr. Elsoda brings exceptional expertise and strategic vision to our team. This appointment marks a significant milestone for MIT Technologies as we continue to drive innovation and excellence in our marketing initiatives. We are confident that Mr. Elsoda’s leadership will enhance our market presence and help us achieve our ambitious goals. Ahmed Tahoun  CEO, ...

Investment for Sustainable Growth – SG Innotech

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Strategic Investment in Malaysia to Drive Resilience and Sustainable Growth Through Innovation in Oil & Gas upstream well construction Kuala Lumpur, Malaysia – Mar 22, 2024 MIT Technologies, a leader in technological innovations in the upstream oil and gas industry, is proud to announce a significant new investment in Malaysia. This investment marks a strategic step towards resilience and sustainable growth through cutting-edge technology. The establishment of SG InnoTech (Asia) Sdn Bhd, a new member of the MIT Technologies family, is a testament to our commitment to ...

Gulf of Mexico

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MIT Technologies in collaboration with its partners has successfully deployed its groundbreaking circulating sub, iCWD, in deepwater operations in the Gulf of Mexico. The iCWD is a remotely operated circulating sub that leverages patented technology to enhance operational efficiency in challenging environments. Using a command key that incorporates variations in RPM, flow, or pressure, the iCWD can seamlessly switch between its four modes of operation. This versatile tool can be operated as many times as required, with commands allowing it to transition from any mode to any other mode in ...

MIT Technologies @ MTDC Hall of Fame

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Launched by YB Tuan Chang Lih Kang, Minister of Science, Technology and Innovation (MOSTI), on 26 September 2023 during the MTDC Technology Conference & Exhibition 2023 (MTCE 2023), the MTDC’s Coffee Table Book 30 Techno Dreams captures the remarkable journey of 30 extraordinary entrepreneurs who have risen to success. This book shares the inspiring stories of technopreneurs who dared to dream in collaboration with MTDC. Each page invites us to reflect on our own aspirations, motivating us to pursue our dreams and overcome challenges, just as these remarkable individuals have done. At ...

823 Together for a Bright Future

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The 823 event, read as “Eight-Twenty Three,” signifies a defining moment for MIT Technologies as we embark on a transformative journey from a people-led organization to a process-driven powerhouse. Inspired by the legendary Kongō Gumi company’s 1,445-year history and guided by the principles of IHSAN—excellence, compassion, and kindness—this occasion presents an opportune moment for us to redefine our future. Together with our stakeholders and advisors who possess over 150 years of experience, we embarked on a transformation week from 13th to 16th August 2023. Stake ...

Zaliza Zainuddin as Manufacturing Director

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We are pleased to announce the appointment of Zaliza Zainuddin as the Manufacturing Director at MIT Technologies. Zaliza brings over 26 years of extensive industrial experience to our team. Throughout her career, she has excelled in various fields and management positions, including safety, sales, and strategic management. Following her tenure at SLB, Zaliza undertook a unique challenge by establishing a local wireline business. She successfully managed all aspects of this venture, from securing necessary investments and assets to building a dedicated team. At MIT Technologies, Zaliza will ...

Partnership – Indonesia & Mexico

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**Press Release** MIT Technologies Expands Market Presence with Agency Agreements in Indonesia and Mexico Kuala Lumpur, 10 Nov 2022 – In a significant stride towards global expansion, MIT Technologies has signed agency agreements to penetrate the Indonesian and Mexican markets through strategic partnerships with PT Asia Serv and Metal Mecánica PGB,  respectively. The signing ceremony, held on 10 Nov 2022, was attended by esteemed dignitaries including Tan Sri Kamarulzaman Badruddin, Chairman of MIT Technologies, His Excellency Ragaie Nasr, Ambassador of Egypt, His Excellency Edmundo Font, ...

ADIPEC 2022

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We are excited to participate in ADIPEC for the 7th year.  This year we are excited to share new applications of our flagship product, the intelligent  multi-cycle circulating tool, iCWD, the Spotlight On New Technology award winner of  OTC Asia 2016.  Our team at MIT Technologies continues to listen to our clients and develop  new fit-for-purpose products that directly contribute to improve well construction economics and reduce operational risk.  This year we are exhibiting new advancement of our ball activated circulating sub, SWiFT (S2) model, with Lock Open feature and large TFA. ...

Remote Deployment in Thailand

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iCWD Completes Successful Mubadala Energy Campaign in Thailand Remotely Trained Team Overcomes Pandemic Challenges to Achieve Operational Efficiency and Client Goals 31st Aug 2022 – Kuala Lumpur – MIT Technologies is proud to announce the successful completion of the Mubadala Energy campaign in Thailand, a project that began during the COVID-19 pandemic and spanned from 2021 to 2022. This ambitious campaign, conducted in collaboration with Mubadala Thailand and was marked by the innovative use of our unique iCWD feature to enhance operational efficiency during drilling activities. Despite ...

10th Anniversary @ MRANTI

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Kuala Lumpur, 23 Mar, 2022: MIT Technologies was honored by the visit of Dzuleira Abu Bakar, CEO of Malaysian Research Accelerator for Technology and Innovation (MRANTI), marking our 10th Anniversary of presence and growth within the Technology Park. After the company research started in a small lab at a local university, the need for building prototype and evolve the design beyond CAD was a necessity. MRANTI Technology Park in Kuala Lumpur, provided the needed infrastructure and eco-system that enabled us to produce our precision parts through collaboration with Technology Part ...

VISIT of H.E. Ambassador of Egypt

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  Kuala Lumpur, 21 Mar 2021: MIT Technologies was honored by the visit of His Excellency Ragai Nasr,  the Ambassador of Egypt to Malaysia on 21st March, 2022. 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 our new CNC manufacturing facility at MRANTI Technology Park and extended to the team members encouragement and support.