Interesting. Where can I invest?
Dateline 2016-10-13, The Star:
A local oil and gas company is lending its industry expertise to Universiti Teknologi Malaysia (UTM) to develop what is believed to be the world’s first palm oil-based drilling fluid.
The collaboration between the university’s UTM-MPRC Institute for Oil and Gas, which is a recognised industrial centre of excellence, and Lekir Energy Sdn Bhd, is aimed at developing the green technology from one of Malaysia’s natural resources and provide a more environmentally-friendly alternative.
UTM deputy vice-chancellor (research and innovation) Prof Dr Ahmad Fuzi Ismail said the revolutionary fluid would take up two to three years to develop with the complementing efforts and expertise in renewable energy from both parties.