Offshore drilling for hydrocarbons near Karachi coast completes; samples sent for lab test

KARACHI: The offshore drilling near Karachi coast has been completed. The operators have found hydrocarbons and sent for laboratory test. The operators are hopeful of huge deposits of hydrocarbons, sources said on... Read more »

Around 98pc offshore drilling near Karachi coast completes; nation to get good news in two weeks: Ali Zaidi

KARACHI: The joint venture of foreign and local companies has completed around 98 percent drilling near Karachi coast for the possible discovery of huge reservoirs of oil and gas, Federal Minister for... Read more »

Exxon Mobil to present progress report to PM on offshore drilling near Karachi

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... Read more »

Hopes of oil, gas discovery in offshore drilling by April

ISLAMABAD: Federal Minister for Petroleum Ghulam Sarwar Khan on Wednesday said that 2019 will be good year for Pakistan. Read more »

KSE-100 gains 202 points on activities in oil companies

KARACHI: The benchmark KSE-100 index of Pakistan Stock Exchange (PSX) ended with gain of 202 points on Tuesday. Read more »

Preliminary report on Karachi deep sea drilling submitted

KARACHI: A multinational join venture has prepared preliminary report of offshore drilling for oil and gas in Karachi ultra-deep waters. Read more »