Oman Oil Company Signs MoU with Ceylon Petroleum

Source: www.gulfoilandgas.com 3/24/2012, Location: Middle East

Oman Oil Company SAOC (OOC) and Ceylon Petroleum Corporation (CPC) signed a memorandum of understanding (MoU) in energy related activities. The agreement was signed on Thursday 22 March in Colombo, Sri Lanka by HE Nasser bin Khamis Al Jashmi, Undersecretary of the Ministry of Oil and Gas and OOC Chairman and Mr. Dayanada Widanagachchi, CPC Chairman.

The MoU aims to explore and promote co-operation and partnerships between the two companies in the supply of petroleum products, as well as in areas of refining, oil terminals and oil and gas exploration.

Commenting on the event, H.E. Nasser bin Khamis Al Jashmi, said: “The MoU will enhance the existing co-operation between the two entities in various areas related to the energy sector. “OOC always seeks to find new investment opportunities yielding good economic returns within and outside the Sultanate.”


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