Norwegian firm in oil
drilling ops in Sri Lanka
Norwegian oil drilling facilities company Aker
Kvaerner MH signed a letter of intent last week with a Sri Lankan
company to develop a Joint Venture operation focusing on the upcoming
oil drilling operation to be launched off the coast of Sri Lanka.
![](../images/ft9-1.jpg) |
Picture shows Maharajah’s Nimal Cooke
and Aker Norway’s Ranjith Molegoda in conversation. |
The signing is a result of the participation in
“The Norway-Sri Lanka Match Making Programme” funded
by NORAD (The Norwegian Agency for Development Cooperation) and
represented in Sri Lanka by the Ceylon Chamber of Commerce. The
Letter of Intent was signed by Director of Capital Maharaja Organisation
Ltd Nimal Cooke and by Project Manager Aker Kvaerner MH, Ranjith
Molegoda, a native Sri Lankan living and working in Norway for the
last 24 years.
The Letter of Intent says that the “the
preferred Sri Lankan partner, in co-operation with Aker Kvaerner
MH, through a Joint Venture company, shall develop engineering,
equipment and management services required to be a competitive contractor
for oil and gas exploration business in Sri Lanka.
The objective is to ensure that complementary
advanced technology is utilised to meet the requirement regarding
high efficient drilling facilities which can operate with a minimum
of emissions to the environment according to the best standards
of the oil industry”.
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