Graffiquo Asia introduces innovative solution for oil & gas Industry

• Received support from key governmental agencies, ecosystem players
• Solutions enable workers to manage data seamlessly, make real-time decisions

Graffiquo Asia Sdn Bhd, a provider of advanced geospatial technology solutions, has launched a new product designed to transform operations in the oil and gas sector. In a statement, the company announced that "GIX for Oil & Gas Field Workers" aims to streamline data capture, asset management, and reporting processes, offering potential improvements in efficiency and safety for industry players.

It added that GIX integrates features such as photogrammetry, data-driven maps, and mobile forms, empowering field workers to manage data seamlessly and make more informed decisions in real-time.

According to Graffiquo, its development efforts have been supported by key governmental agencies and ecosystem players. The company initially received a commercialisation grant under the CIP300 program from Cradle Fund, which is under the Ministry of Finance, for their main platform, Graffiquo. 

Following this, it obtained backing from the Collaborative Research and Development Fund Grant by the Malaysian Technology Development Corporation, under the Ministry of Science, Technology and Innovation, for further commercialisation activities and resources. Further support came from the Malaysian Petroleum Resource Corporation through the OGSE Development Grant, under the Ministry of Economy, specifically for the development of their spinoff mobile application, GIX.

Additionally, Graffiquo Asia is also part of the MRANTI MYSTI programme, a government initiative to boost the commercialisation of locally developed R&D products and services for domestic and international markets. Additionally, the company is involved in the Petronas FutureTech 2.0 programme, which aims to nurture technology startups and drive digital transformation within the oil and gas industry.

Graffiquo is a partner of the Organisation for International Economic Relations and the United Nations' Centre of Excellence for United for Smart Sustainable Cities programme, supporting Sustainable Development Goal 11. This partnership highlights Graffiquo's global commitment to advancing smart and sustainable urban development through its 3D visualisation platform.

George Tang (pic), founder of Graffiquo Asia, expressed appreciation for the support received, emphasising the importance of such funding and recognition in driving innovation. He stated, “GIX represents a significant step forward in improving efficiency, safety, and decision-making processes for oil and gas companies.”

Beyond its focus on the oil and gas sector, Graffiquo Asia is exploring partnerships with Malaysian ministries to contribute to the realisation of Digital Malaysia Cities. Committed to sustainability and smart urban development, the company aims to support the government's vision for a digitally integrated nation.