Palm oil-based drilling fluid soon


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.

 

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