The Specific activities of Maldives National Oil Company

• Crude oil and natural gas exploration in the Maldives

• Refine crude oil in foreign refineries under crude oil refining and processing agreements

• Acquire or hold share in refineries in foreign countries

• Undertake oil and gas projects in Maldives and other countries particularly in the following areas independently or in join-venture/association with reputed international specialized companies:

a) Exploration and exploitation of oil and gas

b) Drilling and related services

c) Offshore and onshore fabrication, installation and commissioning

d) Construction activities relating to oil & gas infrastructure

e) Revamping and refurbish of refineries, pipelines, platforms, oil rigs and other oil & gas infrastructure

• Participate fully or partially in oil and gas exploration and production projects in foreign countries

• Hold equity in oil field in foreign countries either wholly or under production sharing basis.