2GT Group (M) Sdn Bhd formerly known as 2GT Resources (M) Sdn Bhd (2GT) officially signed a Memorandum of Understanding (MoU) with Well Engineering & Technology Sdn Bhd (WellTech). 2GT was represented by the Founder & CEO, Mr Neil Edward Jones while WellTech was represented by Mr Stanley Philip Navage Jr.
These collaboration efforts are to exploit WellTech products and services in the nanotechnology philosophy and methodology for the oil & gas players in Brunei. These knowledge transfer and commercialisation of nanotechnology will play an important role in realizing the vision of the His Majesty of Brunei Wawasan 2035.
The first point of this collaboration is on the WellTech day-to-day well-known expertise on common well re-entry or rejuvenation problem and secondly, they will be focusing on the Nano IOR/EOR and single well treatment. 2GT will be engaged in providing, turnkey well services for this nanotechnology activities.
The signing of this MoU is another important milestone for 2GT’s journey towards becoming a local Bruneian recognized company that will be competitive and relevant to the industry and the nation at large.