Pakistan News

    Weatherford Drilling Rigs In Pakistan Karachi

  • Costly rigs

    $600 million: The price of building certain assets has increased significantly in some industries in recent years, leading firms to consider ideas like alternative asset ownership in order to reduce capital outlays and investment risks...

    For instance, according to research from Epeus Consulting, the cost of building a new oil rig has gone up steadily over the last few decades, despite advances in technology
  • Drilling off Karachi coast stopped as no reserves found

    ISLAMABAD: Hopes for the discovery of large reserves of oil and gas off Karachi coast faded after it was officially announced on Saturday that the much-celebrated offshore drilling in Kekra-1 had been stopped because no reserves were found...

    Around 17 attempts have been made in the past, but all remained unsuccessful despite encouraging data from each drilling...

  • KPOGCL signs pact with Russian drilling company

    An MoU was signed on Friday between KPOGCL and the Russian company, specialising in providing drilling and construction services to oil and gas companies...

    Due to the robust contribution of the province to the national grid in terms of hydrocarbon production, Pakistan has been able to save foreign exchange worth millions of dollars, he said...

  • More drilling at Moenjodaro recommended

    LARKANA: The Technical Consultative Committee (TCC) of the National Fund for Moenjodaro (NFM) met at the site on Monday and after assessing the undertaken dry core drilling process and its pace, recommended more drilling outside the 42 points where drilling has already been done...

    Geologist Dr Sarfraz Solangi, who supervises the process, briefed the TCC members about the drilling and findings, sources said...

  • Dry-core drilling at Moenjodaro resumes

    LARKANA: The dry-core drilling at Moenjodaro, which started more than a week ago only to be halted after a few days, resumed on Monday after test drilling at DK-B area in the southern part of the archaeological site...

    The drilling had to be halted after it was found that the bits and barrel brought by the contractor to drill were not working as per requirements of experts...

  • Dry core drilling at Moenjodaro due since 2006 set to start

    LARKANA: After a long delay, the Sindh culture department has awarded the contract for resuming the dry core drilling at Moenjodaro, a mandatory requirement of Unesco, to determine the actual areas of the historical site...

    PPP chairman Bilawal Bhutto-Zardari had launched the dry core drilling project on April 5, 2014 which Unesco has been demanding since 2006...

  • Fresh US drilling capping oil price: Opec

    PARIS Renewed drilling by US oil producers is keeping a ceiling on a global crude price recovery, cutting into the impact of deep reductions by other major producers, Opec said on Monday...

    “Production adjustments by Opec and some non-Opec producers supported the market, although gains were capped by increased drilling activity in the US,” it said...

  • OGDCL begins shale gas drilling in Hyderabad

    ISLAMABAD: State-run Oil & Gas Development Company Ltd (OGDCL) on Monday announced to have started drilling of first shale gas well in Hyderabad for exploration of unconventional hydrocarbon deposits...

    “The first well is planned to be drilled in vertical section and fracturing operations will be carried after reservoir evaluation,” it said, adding that the drilling operations commenced on Dec 14...

  • Karachi operation is completely apolitical, stresses Corps Commander Karachi

    KARACHI: Corps Commander Karachi Lt Gen Naveed Mukhtar said Saturday that the Karachi operation is completely apolitical, adding that it will continue without any discrimination...

    Speaking at a seminar organised by the National Defence University at a private hotel in Karachi, the corps commander said, "I assure citizens that our struggle against terrorism will continue unabated...

  • COVER: The heart of Karachi: Karachi Raj By Anis Shivani

    IN his debut novel Karachi Raj, erstwhile critic Anis Shivani depicts a year’s worth of Karachi life as viewed from the differing perspectives of an American anthropologist and a couple of individuals living in the low-income district of the Basti...

    Shivani’s first foray into the realm of fiction intrinsically grapples with an immensely complex topic — the stratified social layers of which Karachi life is composed...

  • Karachi notebook: Is a ‘Naya’ Karachi possible?

    THE buzzword these days is Naya (new) Pakistan, the mantra that has arguably helped the Pakistan Tehreek-i-Insaf capture power in the Centre and two provinces, Khyber Pakhtunkhwa and Punjab, while doing respectably in Sindh and Balochistan...

    But for the residents of Karachi, the question on everyone’s minds is: will Naya Pakistan also mean a Naya Karachi?By Naya Karachi one does not mean New Karachi, the neighbourhood on the...

  • PSP chief accepts Karachi mayor’s offer to help clean Karachi, seeks his removal

    KARACHI: The ongoing war of words between Karachi Mayor Wasim Akhtar and Pak Sarzameen Party (PSP) chairman Mustafa Kamal took an intriguing turn on Monday when the city custodian “designated” the latter as “Project Director Garbage on voluntary basis” to clean the city...

    “I, being Mayor of Karachi, hereby designate Syed Mustafa Kamal as Project Director Garbage on [a] voluntary basis with immediate effect until further order,” said...

  • More
Back to top