Hayleys opts for oil rig hub business

KATUNAYAKE – Hayleys Energy Services has begun to explore opportunities in diversifying within the oil and gas industry by locating an oil rig at the tax free Advantis Free Zone at Katunayake, the first of two more in the pipeline. Since the country is in a logistically viable position, Hayleys has provided the logistics for global company – EMAS Energy to bring down and obtain space at the Advantis Free Zone that could eventually turn out to be a hub for more rigs in time to come serving, regional markets as Sri Lanka is considered to be competitive as against countries like Singapore and Dubai.

source:- http://www.sundaytimes.lk/161002/business-times/hayleys-opts-for-oil-rig-hub-business-210825.html