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.
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.
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.
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.
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.
Mari Petroleum Company Limited (MPCL), a major oil and gas exploration and production company in Pakistan, has signed a Gas Processing Contract with Orient Petroleum Inc (OPI) for the provision of Early Production Facilities (EPF) on a turnkey basis for the Shewa-I Discovery in the Waziristan Block, said a statement issued on Thursday. This comes […]
KARACHI: Mari Petroleum Company has planned to drill first well at offshore block in fourth quarter of the current fiscal year. The management of the company on Friday while commenting on the Abu Dhabi offshore block, disclosed that the company planned to drill first well in 4QFY23 with the consortium. “For this, company has invested […]
KARACHI: Mari Petroleum Company Limited (MPCL) on Thursday announced suspending production of oil and gas from one of its facility located in Balochistan due to torrential rains and flash floods. In a communication sent to Pakistan Stock Exchange (PSX), the company announced the suspension of production from Zarghun South Gas Fields and Bolan East Oil […]
KARACHI: The recent approval by Economic Coordination Committee (ECC) to increase the prices of gas will further push up the inflation, analysts said. The country is already facing the alarming rise in inflation following sure in prices of petroleum products and electricity tariff. The analysts at AKD Securities said that ECC approved hike in gas […]
KARACHI: Mari Petroleum Company Limited (MPCL) on Monday announced that it has executed a farm-in agreement. The company signed the with MOL Pakistan Oil and Gas Co. B.V. for acquisition of significant working interest in Margala Block. The company signed the deal to collaborate resources and efforts to jointly perform exploration activities. The Block is […]