Business

Graffiquo Asia introduces innovative solution for oil and gas industry

It promises to streamline data capture, asset management, reporting processes.

Updated 1 year ago · Published on 09 Jul 2024 4:49PM

Graffiquo Asia introduces innovative solution for oil and gas industry
Graffiquo Asia’s GIX is an innovative solution for the oil and gas industry that promises to streamline data capture, asset management, and reporting processes. – Social Media pic, July 9, 2024.

ADVANCED geospatial technology solutions provider Graffiquo Asia Sdn Bhd has launched a new product to transform operations within the oil and gas sector. 

“GIX for Oil & Gas Field Workers” promises to streamline data capture, asset management, and reporting processes, Malaysian Business Online reported.

It also offers potential efficiency and safety improvements for industry players.

“Graffiquo’s development efforts have been supported by key governmental agencies and ecosystem players. 

“The company initially received a commercialisation grant under the CIP300 programme from Cradle Fund, which is under the Ministry of Finance,” read the report.

Graffiquo also obtained backing from the Collaborative Research and Development Fund by the Malaysian Technology Development Corporation, under the Ministry of Science, Technology and Innovation, for further commercialisation of activities and resources. 

In addition to its focus on the oil and gas sector, Graffiquo Asia is exploring partnerships with ministries in Malaysia to contribute to the realisation of Digital Malaysia Cities. 

Founded by George Tang and Sean Baptist, Graffiquo Asia has gained recognition as a player in the geospatial technology sector, catering to the needs of city planners, project owners, and various industries.

As Graffiquo Asia continues to expand its presence globally, the company remains dedicated to advancing smart and sustainable urban initiatives with technology at its core, aligned with global sustainability goals.

Graffiquo Asia’s success story is a testament to the Malaysian government’s commitment to fostering technological innovation and supporting startups. 

The company’s journey from initial grant to advanced commercialisation showcases how strategic governmental support can drive industry-leading advancements. – July 9, 2024. 

Related News

Malaysia / 9mth

Shafie: After oil and gas, Sabah’s tuna also given to outsiders

Business / 1y

SOGIP to anchor Sabah’s oil and gas expansion, says Hajiji

Malaysia / 1y

Anwar: Sarawak reaped RM280 billion from O&G industry since 1976

Business / 1y

Sabah launches RM8.88 billion energy hub  

Business / 1y

Sabah oil and gas vendors secure RM2 billion in contracts over three years

Malaysia / 1y

Sabah has not approved oil exploration in Tun Mustapha Marine Park, says Minister

Spotlight

Business

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale

Malaysia

UMNO’s solo gamble in Johor: A show of strength or risky miscalculation?

By The Vibes Says

Malaysia

Nik Aziz’s grandson allegedly slapped by senator: Father ready to take case to court

Malaysia

Lorry driver jailed a day, fined for making obscene gestures, dangerous driving (video)

Malaysia

PKR leader defends MyKhas access suspension for PJ, Subang MPs, cites ‘political choices’

Opinion

Social media set to dominate Johor polls as election kingmaker

Malaysia

Man charged in Butterworth parang attack case that left victim fearing permanent disability

Malaysia

Teen mothers must return to school, says Fadhlina as education remains priority

Malaysia

Penang water tariffs to increase from July 1 after year-long deferment

You may be interested

Business

Ringgit gains as US trade policy concerns offset strong American economic data

Business

Private capital set to power AI data centre boom as global tech capex forecast raised to US$5.3 trillion

Business

Tengku Zafrul defends DC investments, says economic value goes far beyond job creation

Business

Ringgit eases against US dollar as strong American data and Gulf tensions boost greenback

Business

SpaceX targets historic US$75 billion IPO in record-breaking market debut plan

Business

SC tightens oversight of investment-linked trust structures, requires licensing beyond incidental activity

Business

Time for banks to step up and do their part, stresses former finance minister

By Ian McIntyre

Business

Tycoon Vincent Tan trims BCorp stake further in RM115m share sale