Islamabad, September 28, 2024 – A tragic helicopter crash in North Waziristan on Saturday afternoon claimed the lives of at least six people, with eight others suffering injuries. The helicopter, operated by Mari Petroleum, one of Pakistan’s leading oil and gas exploration companies, went down due to an engine malfunction, according to initial reports.
(more…)Tag: Mari Petroleum Company Limited
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Mari Petroleum Announces Rs 10 Billion Equity Investment
Karachi, September 24, 2024 – Mari Petroleum Company Limited (MPCL) has announced a significant equity investment of Rs 10 billion into a newly proposed subsidiary company. This move is part of the company’s broader strategy to diversify its business portfolio and explore emerging sectors beyond its traditional focus on petroleum exploration and production.
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Mari Petroleum Achieves Record Annual Earnings in FY24
Karachi, August 8, 2024 – Mari Petroleum Company Limited announced on Thursday that it achieved its highest-ever annual earnings for the fiscal year 2023-24, marking a significant milestone in the company’s history.
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Mari Mining Gets Mineral Licenses for Exploration in Balochistan
Karachi, July 3, 2024 – Mari Mining Company Private Limited announced on Wednesday that it has secured mineral exploration licenses in Chagai, Balochistan. The company, a wholly-owned subsidiary of Mari Petroleum Company Limited (MPCL), disclosed this development in a communication shared with the Pakistan Stock Exchange (PSX).
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Mari Petroleum Announces Successful Drilling in Sindh
Karachi, July 2, 2024 – Mari Petroleum Company Limited has announced the successful drilling of an appraisal well in the Ghazij Formation, Sindh. This achievement marks a significant milestone in the company’s exploration efforts.
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Mari Petroleum Announces First Oil Discovery in Sindh
Karachi, April 22, 2024 – In a significant development for Pakistan’s energy sector, Mari Petroleum Company Limited (MPCL) revealed on Monday that it has discovered oil at the Shawal-1 exploratory well in the Sindh province.
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Mari Petroleum Announces Successful Drilling of Appraisal Well
In a significant development within the energy sector, Mari Petroleum Company Limited (MPCL) proudly declared the triumphant drilling of yet another appraisal well within the Mari Development and Production Lease (D&PL) located in Sindh.
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Mari Petroleum Records Staggering 57% Surge in 1HFY24 Profits
Karachi, January 29, 2024 – Mari Petroleum Company Limited (MPCL) has reported a remarkable 57% increase in net profit for the first half (July – December) of the fiscal year 2023-24.
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Mari Petroleum Discovers Gas Reserves in North Waziristan
Karachi, January 11, 2024 – Mari Petroleum Company Limited (MPCL) has made a substantial gas discovery in North Waziristan, Khyber Pakhtunkhwa Province, as announced on Thursday.
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Mari Petroleum Secures Exploration License in Chagai, Balochistan
Karachi, August 25, 2023 – Mari Petroleum Company Limited, a key player in Pakistan’s energy sector, announced on Friday that it has successfully acquired an exploration license from the Balochistan government.
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