OMNI Launches Malaysia's First VDP PDC Steel Body Drill Bit and Strengthens Partnership with SLB Through Strategic MoU

September 3, 2024
, .5 mins read
Product Launch and MoU Expand Collaboration into Wellhead Manufacturing, Showcasing OMNI’s Global Reach and Local Engineering Excellence

KUALA LUMPUR – OMNI Oil Technologies (M) Sdn. Bhd. (“OMNI”), a leading Malaysian designer and manufacturer of drilling, completion and wellhead parts today announced the launch of Malaysia’s first VDP PDC Steel Body Drill Bits, produced locally and recognised with an award from Petronas to drive forces in the development of upstream oilfield equipment technology in Malaysia.

Developed through the Vendor Development Programme (VDP) for bow spring and solid centralisers, these drill bits highlight OMNI’s expertise as a leading knowledge provider in the field and its dedication to fostering innovation within the Malaysian oilfield industry.

Alongside this launch, OMNI has also signed a Memorandum of Understanding (MoU) with Schlumberger (“SLB”), a global technology company that drives energy innovation for a balanced planet. In attendance at the contract signing was OMNI Managing Director, Mr. Nik Mustapha Fathil Nik Mahmud and SLB East Asia GeoUnit Marketing Manager, Mr. Amin Said. The signing ceremony was witnessed by Datuk Ir. Bacho Pilong, Petronas Senior Vice President, Malaysian Petroleum Management, Mr. Meng Keong Lee, SLB Managing Director, East Asia GeoUnit, Mr. Nik Syahmi Nik Mustapha, Director, Omni Oil Technologies (M) Sdn. Bhd., and Mr. Muneer Ahmad Nazir Deen, Head of Sales Division, Omni Oil Technologies (M) Sdn. Bhd., further underscoring the significance of this strategic partnership.

Building on the successful collaboration that began with OMNI supplying completion parts within Malaysia and later expanding to SLB GeoUnits globally, this new phase of partnership will explore contract manufacturing of wellheads, leveraging on OMNI’s expertise to further diversify its product offerings and better meet the evolving needs of the oil and gas industry. This development also underscores OMNI’s role as a driving force in the advancement of upstream oilfield equipment technology in Malaysia. Managing Director of Omni Oil Technologies (M) Sdn. Bhd., Mr. Nik Mustapha Fathil Nik Mahmud said, “The launch of Malaysia’s first VDP PDC Steel Body Drill Bits, combined with our partnership with SLB, marks a significant milestone for OMNI.

By advancing local expertise and delivering Malaysian-made drilling technology to international markets, OMNI is reinforcing its commitment to innovation and excellence. This progress not only benefits the oil and gas industry but also solidifies OMNI’s position as the preferred partner for clients seeking high-quality, custom-manufactured wellhead solutions”. “Our journey with OMNI began in 2013 when we first joined forces to export a wide range of Malaysian-manufactured completion tools and accessories to international markets,” said Meng Keong Lee. “Since then, our collaboration has expanded significantly. Together, we have successfully delivered high-quality, Malaysian-made products to 43 countries around the world, underscoring the global recognition of our nation’s engineering capabilities. This partnership with OMNI has set a high benchmark for quality and innovation. I am confident that our continued collaboration will not only sustain this standard but will also drive new achievements and innovations in the years to come”.

The launch of the first Malaysia’s VDP PDC Steel Body Drill Bits, coupled with the strategic partnership with SLB aims to bolster OMNI’s vision of becoming a leading global technology development and manufacturing organisation in the oil and gas industry while bringing Malaysia’s oilfield capabilities to the global stage.

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