KARACHI: Exxon Mobil, an American multinational oil and gas corporation, will present progress report on offshore drilling near Karachi to Prime Minister Imran Khan.
Local TV channel reported on Wednesday that the drilling activities Drilling activities in Pak Kekra-1 had achieved big success.
The drilling was continued to identify the actual reserves of gas and petroleum and the drilling in the last phase.
The offshore drilling in Karachi is started as “Mother of All Rigs” main drilling ship along with three supply vessels began the drilling.
The TV report quoting sources said that the drilling progress would be presented to the prime minister soon.
The offshore drilling has been jointly undertaken by Exxon Mobil, ENI, OGDC and PPL.
According to industry insiders, the government is closely monitoring developments as expectations rise regarding the potential scale of the offshore reserves. Energy experts believe that if the findings at Pak Kekra-1 confirm substantial deposits, it could significantly reduce Pakistan’s reliance on imported fuel and improve long-term energy security.
The consortium partners are also expected to brief policymakers on the technical challenges faced during deep-sea drilling and the projected timelines for the next stages of evaluation. Officials say the prime minister has taken a personal interest in the project, viewing it as a possible breakthrough for the country’s energy landscape.