Spending power
TheGrid Corporate Spending Power index would rate purchasing capacity from registry, scale and activity signals.
Spending power
Key facts
Counted staff
62
self-reported 51–200 band
Founded
2010
16 years
Legal entities
None matched
Office countries
4
4 addresses
Funding rounds
None on record
Company type
Privately Held
self-reported
Description
MIT Technologies is focused on providing innovative products & service solutions for the upstream oil and gas industry. The company has operating locations in Malaysia, UAE, USA, and Egypt.
Our innovative team, unique expertise, and local roots in major Asian and MENA markets allow us to innovate throughout the entire process of product design, manufacturing, and execution.
Our Mission:
MIT Technologies aims to contribute to the economic growth of the oil and gas industry through the development of innovative products and providing top-quality services that improve well construction economics and reduce operational risks for the upstream sector worldwide.
Our Focus:
We are constantly seeking ways to enable access to deeper and more challenging reservoirs, improve drilling performance, and accelerate time to the first production through advanced tooling that increases the rates of penetration and reduces complications during the drilling and completion phases of well construction.
Our Guiding Principles:
We are committed to conducting a safe operation, reducing operational risk, and diligently training and motivating our team to deliver outstanding results to our customers.
We aim to deliver innovative technologies, that meet the highest standard of quality control, reliability, uniform engineering, and functional requirements, providing the basis for our competitive advantage.
We are determined to produce superior Profit for our stakeholders and consider it the cornerstone for our independence and sustainable growth.
Our Agile R&D Process We adopt a highly agile R&D methodology to accelerate product development and minimize time to market.
Our Dynamic organization structure combined with multi-skilled, multi-tasking, and continuous cross-team collaboration allows us to develop alternative solutions and effectively overcome design & manufacturing challenges.
Our products include intelligent circulating subs & valve systems for drilling & Completion
Specialties
All 5 specialties
- Intelligent Downhole Drilling Tools
- Corporate Systems and software for Oil & Gas Industry
- circulating sub
- drilling equipment
- downhole
Locations
4
Countries with an office address4 addresses on record
Country footprint
Show as table · Offices in 4 countries
| Countries | 4 |
|---|---|
| Primary country | MY |
All codes: MY AE EG US
Addresses
- USAgawam, MA 01001
- MYMRANTI Park; Bukit Jalil; Kuala Lumpur, KL 57000Primary
- EGIsmail Serry st.; Semouha, Alexandria
- AEMusafah, Abu Dhabi
Grid intelligence Members
Signals & hiring
Hiring, headcount and registry-change signals, streamed to members.
Latest signal
Hiring activity
Headcount trend
Financials
Registry-filed capital and financial indicators, standardised by TheGrid.
Paid-up capital
Fiscal period
Registered charges
Revenue
Profit / loss
People & contacts
4 employee profiles on record · names withheld.
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FAQ
How many people work at MIT Technologies?
The record holds 62 counted staff profiles at January 2026, inside the self-reported 51–200 band.
Where does MIT Technologies have offices?
Four addresses on record across 4 countries. Primary: MRANTI Park, Bukit Jalil, Kuala Lumpur, KL 57000.
Has MIT Technologies raised funding?
None linked to this brand.
What does MIT Technologies list as its specialties?
Five tags on the brand's own list, among them Intelligent Downhole Drilling Tools, Corporate Systems and software for Oil & Gas Industry and circulating sub.
Which companies are listed alongside MIT Technologies?
7 profiles list MIT Technologies as a peer — 77th percentile in Oil and Gas. It lists ten peers of its own. WellsRX and OMNI Oil Technologies (M) Sdn Bhd list it back.