News

25 Feb 2019, Kuala Lumpur, Malaysia.  MIT Innovation Sdn Bhd, is proud and excited to announce that it was the first company to receive the Certificate of Appointment for Vendor Development Programme (VDP) as a Vendor under PETRONAS VDP Innovation and Technology (InnoTech), Appointment dates commence on 18 Jan 2019, and for a tenure of 5 years. En. Nik Nazirul Syahmi has received the certificate from Pn Noliza Md Nawi, head of Petronas Corporate Project & Licensing and local Capability Development. This certificate is a recognition of MIT Innovation Sdn Bhd leadership in development of ...

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.  

On 6 May 2019, we will be exhibiting our award-winning technology at OTC 2019. See you at the Offshore Technology Conference | 6 May – 9 May 2019 | Booth 6817, 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 Technology ...

            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 ...

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 ...

The intelligent Circulation While Drilling tool (iCWD) enables the drilling operator to retrieve Radioactive (RA) sources installed in 3rd party downhole Logging While Drilling (LWD) tools, where applicable, ensuring a high level of safety and environmentally friendly drilling operation. A full test was conducted demonstrating the unique ability of iCWD to enable LWD Radioactive (RA) source fishing and retrieval. The test was conducted at the operating base in Labuan Malaysia using all fishing assemblies and equipment used in an actual fishing operation. For safety reasons, the test was ...

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 the 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. The minister visited MIT Technologies R&D, Testing and verification facility as well as the CNC manufacturing Center. Joined by the minister was, YBhg. Dato’ Ir. Hj. Mohd Azman Haji Shahidin – TPM CEO YBhg. Datuk Seri Dr. Mohd Azhar ...

KL – 31 May 2018: We are pleased to announce that the Certificate of Conformance (CoC) is now automatically generated using our company-wide user interface for field operation “Mi-Link“.  This important step towards automatic documentation and traceability is essential for keeping track of tool utilization and scheduling preventive maintenance providing consistent performance to our clients worldwide.     An enhanced version of DrillerCaddie has been included in this release to improve user experience About Mi-Link: “Mi-Link” was originally developed ...

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 ...

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 ...

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 ...

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 ...