PETRONAS signs MoUs to boost technology efficiency in E&P sector

Quick Summary:

MPM senior vice-president Datuk Bacho Pilong said these strategic collaborations with SLB, Velesto and NOV signify a leap forward for MPM and the E&P sector.

The signing was held at the Abu Dhabi International Petroleum Exhibition and Conference 2024, which took place from Nov 4 to 7 in Abu Dhabi.

Meanwhile, the second MoU with Velesto Drilling Sdn Bhd and NOV Inc establishes a framework to deploy NOV’s drilling automation system and robotics technology on Velesto-operated rigs.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: MPM Bacho Pilong Corporate News MoU /Business/Business News Exploration and production Technology Petronas

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-07 @ 15:50:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 354 words

Reading Time: 2 minutes read

Sentences: 16 lines

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Copyright Owner: © The Star

News ID: 23458440

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