Universities VCs with MATRADE CEO, MPRC CEO, MIT CEO & Industry Leads
MIT Technologies & University Malaya signed an MOU for Research & Development of new technology to address needs for upstream sector of Oil & Gas Industry. New products out of this collaboration are targeted to improve well economics particularity in drilling and completion activities. The joint efforts will enrich the parties local and international IP portfolio as well as enhance industry academia relationship. Prof. Dato Dr. Mohd Amin Jalaludin, UM Vice Chancellor signed on behalf of UM, and Mr. Ahmed Tahoun, CEO MIT Technologies signed on behalf of the company. The event was among the MPRC Industry and Networking Talk organized by Malaysia Petroleum Resources Corporation and was witnessed by Datuk Shahrul Helmi, MPRC President and CEO, Dato’ Dzulkifli Mahmud, MATRADE CEO, Datuk Ir (Dr) Abdul Rahim Hj Hashim, UTP Vice Chancellor & CEO, PROF Datuk Dr Wahid Omar, UTM Vice Chancellor and industry leads in Kuala Lumpur, Malaysia.
for more information, please check (ETP) Economic Transformation Program news here.
About UM
University of Malaya (UM) is a public research university located in Kuala Lumpur, Malaysia. It is the oldest and most esteemed university in Malaysia. The university’s name was abbreviated as Malaya during the pre-independence period. The university was founded in 1949 as a public-funded tertiary institution. Today, it has more than 2,500 faculty members. In 2012, UM was granted autonomy status by the Ministry of Higher Education. Today, the University is divided into 12 faculties, 2 academies and 3 Centers. In 2015, the QS World University Rankings has ranked UM at the 146th place in the world. Also in the same year, the university is ranked 29th place in the QS Asian University Rankings, 3rd in Southeast Asia and is the highest ranked learning institution in Malaysia.
About MPRC 
Malaysia Petroleum Resources Corporation (MPRC) was formed in April 2011 and started its operation in July 2011. As an agency reporting to Prime Minister’s Department, MPRC’s role is to promote, catalyze and transform the oil and gas services sector to become stronger entities in the industry. The objective is to position Malaysia to be the number one oil and gas hub in the Asia Pacific region by 2017.
About MATRADE
The Malaysia External Trade Development Corporation, or better known as MATRADE, is the national export promotion agency of Malaysia.
Established in March 1993 as a statutory agency under the Ministry of International Trade Industry (MITI), MATRADE is responsible for assisting Malaysian companies succeed in the international market.
