TASHKENT, Uzbekistan, February 20. Uzbekneftegaz (Uzbekistan's oil and gas company) and the Malaysian Five Petroleum Company discussed the future of the Digital Core project, Trend reports.
This initiative aims to implement a comprehensive approach for the systematic storage and processing of digital images of rock samples.
During the meeting, Five Petroleum representatives expressed strong interest in the collaboration, highlighting their intention to conduct a detailed analysis of Uzbekistan's infrastructure capabilities.
As a result of the discussions, a conceptual proposal will be developed in cooperation with Uzgeofizika, UzLITINeftgaz (Uzbekistan's integrated scientific, technological, and design enterprise), and the Ministry of Mining and Geology of Uzbekistan.
Both sides agreed to strengthen their partnership and expand cooperation in promising areas.
Earlier, Five Petroleum highlighted the importance of developing Uzbekistan’s fuel and energy market and improving service quality as part of its project to establish a network of fuel stations in the country.
FIVE Petroleum Malaysia, a local oil enterprise, aims to establish itself as Malaysia's most competitive and promising local brand by focusing on localization. The company is identifying optimal locations in Malaysia to develop modern, high-tech, one-stop petrol stations, thereby offering Malaysians an exceptional refueling experience. FIVE has established a new roadmap for aspiring entrepreneurs, facilitating the process by reducing the prerequisites for owning a petrol station. FIVE is the company that digitizes the petrol retail sector using a cloud-based POS system, a mobile loyalty program, and digital payment technologies utilizing AI, thereby providing a comprehensive digital operating system for petrol stations.
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