KARACHI: The Oil and Gas Development Company Limited (OGDCL) on Monday notified a significant increase in oil and gas production from four of its wells located in Sindh. In a notice to the Pakistan Stock Exchange (PSX), the company shared its production boost during July 2023, attributing the enhancement to the use of “cutting-edge technologies”. OGDCL posted a total increase of 1865 BPO oil and 15.9 MMSCFD from four of its wells in different parts of Sindh. According to details, the company registered an increase in production at Nim East-1,…
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Govt all set to approve brownfield refining policy this week
KARACHI:The government is likely to approve a policy this week to upgrade its existing refineries and enhance their capacity and efficiency, industry officials said on Monday. The policy, known as the ‘brownfield refining policy’, has been pending for several months and the government wants to finalise it before its term ends next week. “The government has communicated its intention to approve the policy to the local oil sector and we expect it to be approved this week,” an official said, requesting anonymity. The present government has already approved a “greenfield…
Read MoreOGDCL sees significant oil & gas production increase in Sindh
Oil and Gas Development Company Limited (OGDCL) has registered a significant increase in oil and gas production from four of its wells located in Sindh. The oil and gas exploration company on Monday shared the details of its production enhancement recorded in the month of July via notice to the Pakistan Stock Exchange (PSX). OGDCL attributed the production enhancement to the use of “cutting-edge technologies for production optimisation”. Significant enhancement in production were witnessed in Nim East-1, an exploratory well in a joint venture with OGDCL as Operator (95%) and…
Read MoreMatiari-Lahore HVDC transmission project unique in nature
LAHORE: As the sun rises and street lights turn off in Lahore, capital of Pakistan’s eastern Punjab province, Zubair Tufail, an electrical engineer also starts his daily work at a converter station of ±660 kilovolt Matiari-Lahore high-voltage direct current (HVDC) transmission project in a suburb of Lahore, where he works as team supervisor of operations. A 26-year-old native of Lahore, Tufail joined the project after graduating from the University of Engineering and Technology, Lahore. “Initially, we were just fresh engineers from the university and there was no other HVDC project…
Read MoreChina names Jiang as new ambassador to Pakistan
ISLAMABAD: China has nominated Jiang Zaidong as the new ambassador to Pakistan after six months, it was learnt on Sunday. According to reports, Jiang Zaidong will assume the charge soon. He is a senior official at China’s Ministry of Foreign Affairs and an experienced diplomat. New envoys for China, Russia appointed The post of a permanent Chinese ambassador to Pakistan was vacant since the return of former ambassador Nong Rong to China. Pang Chunxue, Charge d’ Affaires of the Chinese Embassy in Pakistan, has been performing her duties as an…
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