Author: Admin

Bharat Petroleum Plans $11 Billion Refinery in Andhra Pradesh

Admin
LNG industry.

NEW DELHI: Bharat Petroleum Corporation Limited (BPCL) has announced plans to invest approximately $11 billion in a state-of-the-art refinery and petrochemical complex in Andhra Pradesh, aiming to address surging fuel demand in India, the world’s fastest-growing major economy. “This is a significant opportunity for the refining sector as India’s primary energy demand is projected to grow three to four times with the expansion of its economy,” BPCL Chairman G. Krishnakumar stated in an interview with Reuters. The facility will feature a 35% petrochemical intensity and is expected to cost between…

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OGDCL Revives and Enhances Oil Production from Pasakhi-5 Well in Hyderabad, Sindh

Admin
OGDCL-Project

ISLAMABAD, December 26, 2024: Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has successfully revived and enhanced oil production from the Pasakhi-5 well, located in Hyderabad district of Sindh. The well is part of the Pasakhi Development & Production Lease (D&PL), with OGDCL holding a 100% working interest.As part of a strategic optimization initiative, OGDCL deployed a rig to install an artificial lift system (ESP) at the well to enhance oil production. Previously, the well was producing 480 barrels of oil per day (BPD) on…

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OGDCL Revives and Enhances Oil Production from Pasakhi-5 Well in Hyderabad, Sindh

Admin
crude oil

ISLAMABAD, December 26, 2024: Oil & Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has successfully revived and enhanced oil production from the Pasakhi-5 well, located in Hyderabad district of Sindh. The well is part of the Pasakhi Development & Production Lease (D&PL), with OGDCL holding a 100% working interest.As part of a strategic optimization initiative, OGDCL deployed a rig to install an artificial lift system (ESP) at the well to enhance oil production. Previously, the well was producing 480 barrels of oil per day (BPD) on…

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OGDCL Boosts Oil Production with Revived Well in Hyderabad

Admin

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has significantly enhanced oil output by reviving its Pasakhi-5 well in Hyderabad district, Sindh. In a notice to the Pakistan Stock Exchange (PSX), OGDCL announced that the Pasakhi-5 well, part of the Pasakhi Development & Production Lease where it holds a 100% working interest, has undergone a strategic upgrade. The company deployed a rig to install an artificial lift system (ESP), which increased the well’s oil production from 480 barrels per day (BPD) to an impressive 900…

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Sapphire Electronics Partners with Samsung for Local Production in Pakistan

Admin
New-Samsung

KARACHI: Sapphire Electronics (Pvt) Limited, a subsidiary of Reliance Cotton Spinning Mills Limited (RCML), has announced a strategic partnership with Samsung Electronics to locally manufacture, assemble, and sell Samsung-branded electronic products and home appliances in Pakistan. The announcement, disclosed in a notice to the Pakistan Stock Exchange (PSX) on Monday, stated: “Sapphire Electronics (Pvt) Limited, a wholly owned subsidiary of RCML, has entered into an agreement with Samsung Electronics Co. Ltd., Republic of Korea, and Samsung Gulf Electronics Co. FZE, UAE, to produce and market Samsung-branded products in Pakistan.” Following…

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