Sep 28

Mari Petroleum Helicopter Crashes in North Waziristan, Six Dead and Eight Injured

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.

by Mrs. Anjum Shahnawaz

Mari Petroleum Announces Rs 10 Billion Equity Investment

Sep 24

Corporate, Energy, Top stories

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.

by Shahnawaz Akhter

Mari Petroleum Achieves Record Annual Earnings in FY24

Aug 8

Corporate, Energy

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.

by Shahnawaz Akhter

Mari Mining Gets Mineral Licenses for Exploration in Balochistan

Jul 3

Trade & Industry

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).

by Shahnawaz Akhter

Mari Petroleum Announces Successful Drilling in Sindh

Jul 2

Corporate, Energy

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.

by Faisal Shahnawaz

Mari Petroleum Announces First Oil Discovery in Sindh

Apr 22

Corporate, Energy, Pakistan, Top stories

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.

by Shahnawaz Akhter

Mari Petroleum Announces Successful Drilling of Appraisal Well

Apr 18

Corporate, Energy

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.

by Faisal Shahnawaz

Mari Petroleum Records Staggering 57% Surge in 1HFY24 Profits

Jan 29

Corporate, Energy, Stock & Commodity

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.

by Shahnawaz Akhter

Mari Petroleum Discovers Gas Reserves in North Waziristan

Jan 11

Corporate, Energy

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.

by Faisal Shahnawaz

Mari Petroleum Secures Exploration License in Chagai, Balochistan

Aug 25

Corporate, Energy

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.

by Shahnawaz Akhter