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Six new blocks awarded to step up exploration activities


Daily Times
April 24, 2021
Petroleum Division on Friday awarded six more oil and gas blocks to three leading companies aimed at achieving self-sufficiency in the energy sector by increasing Exploration and Production (E&P) activities in potential areas of the country.
Minister for Energy Muhammad Hammad Azhar witnessed the signing ceremony of Petroleum Concessions/Exploration Licences of 6 oil & gas blocks that held here at the Petroleum Division, a news release said. The Exploration Licences (ELs) and Petroleum Concession Agreements (PCAs) were signed by Secretary Petroleum Mian Asad Hayaud Din and Director General Petroleum Concessions Abdul Jabbar Memon on behalf of the government. While, Managing Director (MD) Oil and Gas Development Company Limited (OGDCL) Shahid Saleem Khan, MD Mari Petroleum Company Limited (MPCL) Faheem Haider and MD Pakistan Petroleum Limited (PPL) signed the agreements representing their companies. ....

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Petroleum Division Issues Six New Concessions/Exploration Licenses of Oil and Gas Blocks


Petroleum Division Issues Six New Concessions/Exploration Licenses of Oil and Gas Blocks
Federal Minister for Energy, Muhammad Hammad Azhar, graced the signing ceremony of Petroleum Concessions/Exploration Licenses of six oil and gas blocks at Petroleum Division today.
Director-General Petroleum Concession Petroleum Division granted Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over Block No. 3068-6 (Killa Saifullah) and Block No.3067-7 (Sharan) with Oil & Gas Development Company Limited (OGDCL) and Mari Petroleum Company Limited (MPCL), Block No. 3069-9 (Suleiman) with OGDCL and Pakistan Petroleum Limited (PPL) and Block No. 2467-17 (Sujawal South), Block No.3273-5 (Jhelum) and Block No.3272-16 (Lilla) with OGDCL. ....

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Petroleum Division Awards 6 New Blocks To Step Up E&P Activities


Petroleum Division awards 6 new blocks to step up E&P activities
Fri 23rd April 2021 | 12:30 PM
ISLAMABAD, (UrduPoint / Pakistan Point News - 23rd Apr, 2021 ) :Petroleum Division on Friday awarded six more oil and gas blocks to three leading companies aimed at achieving self-sufficiency in the energy sector by increasing Exploration and Production (E&P) activities in potential areas of the country.
Minister for Energy Muhammad Hammad Azhar witnessed the signing ceremony of Petroleum Concessions/Exploration Licences of 6 oil & gas blocks that held here at the Petroleum Division, a news release said.
The Exploration Licences (ELs) and Petroleum Concession Agreements (PCAs) were signed by Secretary Petroleum Mian Asad Hayaud Din and Director General Petroleum Concessions Abdul Jabbar Memon on behalf of the government. While, Managing Director (MD) Oil and Gas Development Company Limited (OGDCL) Shahid Saleem Khan, MD Mari Petroleum Company Limited (MPCL) Faheem H ....

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Exploration Licences and PCAs signed


Exploration Licences and PCAs signed
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ISLAMABAD, Pakistan: The Federal Minister for Energy Muhammad Hammad Azhar graced the signing ceremony of Petroleum Concessions/ Exploration Licences of 6 oil & gas blocks at Petroleum Division in Islamabad on Friday.
These Exploration Licences and Petroleum Concession Agreement (PCAs) were signed by Mian Asad Hayaud Din, Secretary Petroleum Division, Mr. Abdul Jabbar Memon, Director General Petroleum Concessions on behalf of Government of Pakistan, Mr. Shahid Saleem Khan, Managing Director, OGDCL, Mr. Faheem Haider, Managing Director, MPCL and Mr. Moin Raza Khan, Manager Director, PPL.
Director General Petroleum Concession, Petroleum Division granted Petroleum Concession Agreements (PCAs) and Exploration Licences (ELs) over Block No. 3068-6 (Killa Saifullah) and Block No.3067-7 (Sharan) with Oil & Gas Development Company Limited (OGDCL) and Mari Petroleum Company Limited (MPCL), Block No. 3069-9 (Suleiman) with OGDCL and Paki ....

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Investegate |Kefi Gold and Copper Announcements | Kefi Gold and Copper: Q1 2021 Operational Update


( KEFI or the Company )
Q1 2021 Operational Update
KEFI (AIM: KEFI), the gold exploration and development company with projects in the Federal Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, is pleased to provide its latest quarterly operational update.
This update encompasses the activities of KEFI Minerals (Ethiopia) Ltd ( KME ) and Tulu Kapi Gold Mines Share Company ( TKGM ) in Ethiopia, and Gold & Minerals Ltd ( G&M ) in Saudi Arabia for the period from 1 January 2021 to 31 March 2021 ( Q1 ), together with more recent developments where appropriate.
In Ethiopia
 
The Tulu Kapi Gold Project
(the Project or Tulu Kapi ) remains on track overall, in line with previous guidance with the financial closing program having commenced and remaining in progress. Notably, the project finance consortium remains focused on: ....

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