KUALA LUMPUR: Uzma Bhd will take part in Petroliam Nasional Bhd’s (Petronas) first Joint Industry Project Agreement (JIP) to develop best-in-class work flows and methodology for simulating field-wide carbon dioxide enhanced oil recovery (CO2 EOR) projects.
In a filing with Bursa Malaysia, Uzma said the JIP collaboration with Heriot-Watt University, Petronas Research Sdn Bhd and Institute of Technology Petronas Sdn Bhd marked its first official large-scale venture into a new area of research and development (R&D).
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