Pakistan Awards Offshore Oil License

Tuesday, December 27, 2005
Pakistan granted an offshore oil and gas exploration licence on Friday to a consortium led by the state-run Government Holding Private Ltd (GHPL), according to a report on www.thepeninsulaqatar.com.

Under the concession the company and its five Pakistani and foreign partners will spend $18m to drill an exploration well in the Indus E Block off the coast of Sindh province in 2006, the Ministry of Petroleum said in a statement. The block, covering an area of 7,389.95 sq km, is about 150km off the coast of Karachi in water more than 1,000 metres (3,280 feet) deep, it said.

The other companies in the GHPL-led consortium — Shell Development and Offshore Pakistan, Premier Oil Pakistan Offshore, Kufpec Pakistan, Oil and Gas Development Company Ltd and Pakistan Petroleum Ltd — will take part in the exploration work, the ministry said.

Maritime Reporter November 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Abigail Ross Hopper Named BOEM Director

Secretary of the Interior Sally Jewell today named Abigail Ross Hopper as the Director of the Bureau of Ocean Energy Management (BOEM), which manages the development

QGEP to Acquire FPSO from Teekay

Teekay Offshore Partners L.P. has entered into an agreement with a consortium led by Queiroz Galvão Exploração e Produção SA (QGEP) to provide a floating production,

Hoists Facilitate Offshore Crane Repairs

When the diesel engine of a deck crane failed, it caused major handling problems for an offshore platform operating in the Dutch sector of the southern North Sea,

 
 
Maritime Careers / Shipboard Positions Maritime Security Offshore Oil Pipelines Port Authority Salvage Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1637 sec (6 req/sec)