KARACHI: A multinational join venture has prepared preliminary report of offshore drilling for oil and gas in Karachi ultra-deep waters.
The joint venture of ENI, Exploration and Production Pakistan BV (EEPP) and Pakistan Petroleum Limited (PPL) finalized initial 12-hour drilling report and submitted to concerned authorities.
A major drilling ship – Mother of All Rigs – along with three supply vessels started the drilling last night.
The joint venture is drilling Kekra-1 well in Indus-G block, which is located some 280 kilometres away from the Karachi coast.
Eni Pakistan is the operator of the block, while EEPP is drilling the well.
Besides, Pakistan state-owned OGDC and PPL are part of the joint venture. Each of the four firms have a 25 percent participating interest in the block, officials said.