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Sram Mram Technologies and Resources venture into oil and gas exploration in SL

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Business

A United Kingdom incorporated Sram Mram Technologies and Resources Limited having its registered offices in London and a leading organization in the business of conceptualizing, developing, creating, valuating, marketing and distributing of various technologies embarked on a joint venture yesterday in Colombo with Morphosis Energy and Shipping Pvt Ltd to venture into oil and Gas exploration projects in Sri Lanka and across the globe.

The group together has a vast knowledge in Oil and Gas exploration where it can provide the best seismic data along with the reservoir studies to proceed further on the Drilling and other phases of exploration in order to produce Oil and Gas. Morphosis has been working in Sri Lanka since 2017 and was continuously monitoring the opportunities and challenges in the country.

“We hope we can bring in good capital inflow into the country and employment to locals and develop good expertise in the country. Based on this, Petroleum engineering will boost in the country technically and economically,” an official from Morphosis Group said. Sram Mram and Morphosis Energy’s Joint venture association shall bring up a new era and ease of doing business in the sector of oil and Gas exploration in Sri Lanka and across the globe in near future by participating in EOI / Tenders pertaining to the Oil and Gas.

Further the group has a wide knowledge in processing the crude by the way of setting up refineries as per the country requirements. The group has the full stream of expertise right from the Seismic to Production and refining.

So much of time has been lapsed during unforeseen events like the Terrorist attacks, changes in the government, changes in the government officials. Recently we have met the concerned ministers and officials to acquire adequate knowledge and understand the policies and procedures of the country on a regular basis. Now we have come to a conclusion that we can work here with the esteemed support of the people around.”

Further the group has a wide knowledge in processing the crude by the way of setting up refineries as per the country requirements. The group has the full stream of expertise right from the seismic to production and refining.

Tuesday, November 9, 2021 – 01:00











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