Uzma diversifying for long-term survival

Uzma, an oil and gas (O&G) services and equipment company, has made some headway with some contract wins in the solar business, digitalisation and aviation/aerospace products and services.The diversification into RE is timely and gaining traction, said TA Research.

PETALING JAYA: Diversifying into renewable energy (RE) and technology is Uzma Bhd’s way of keeping its revenue streams intact as the global trend in energy transition is to move away from fossil fuels.

Uzma, an oil and gas (O&G) services and equipment company, has made some headway with some contract wins in the solar business, digitalisation and aviation/aerospace products and services.