KUALA LUMPUR: Straits Energy Resources Bhd has entered into a heads of agreement with Seashore Technologies Pte Ltd to collaborate on 4G and 5G-related projects in the oil and gas industry.

       “We look forward to signing a definitive agreement with Seashore Networks that when materialised, will enable us to immediately commence exploring the huge business potential in the 4G and 5G rollout as well as the Internet of Things (IoT) in Malaysia and regionally,” Straits group managing director Datuk Seri Ron Ho Kam Choy said in a statement.

       The company is also targeting digital transformation of the oil and gas industry, especially in the areas of automation, surveillance, remote operations and big data analytics.