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.

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”.