OGDCL-led consortium wins Miran Block bid in KP
Wire desk byline Sourced from Xinhua, Dawn, Arab News, Anadolu and Minute Mirror. Translated and abridged by the GSRRA Desk.
Oil and Gas Development Company Limited (PSX: OGDC) has successfully emerged as the winner in the second bidding round for the Miran Block, located in the North Waziristan and Kurram Districts of Khyber Pakhtunkhwa (KP), the company’s filing on PSX revealed.
The bidding was announced by Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL).
OGDCL, leading a consortium with Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (GHPL), secured a 29% working interest with operatorship of the block.
PPL and GHPL each hold a 10% working interest as joint venture partners.
Participation in the bidding round aligns with the Company’s strategy to invest in its core business, accelerate exploratory activities, and augment hydrocarbon reserves.
Reference Link:- https://mettisglobal.news/ogdcl-led-consortium-wins-miran-block-bid-in-kp/
Zamir Ahmed Awan is the founder and Chair of the Global Silk Route Research Alliance, a think tank in Islamabad. He studied engineering at Shanghai University in the 1980s, and years later he went back to China as Pakistan's science counsellor in Beijing, from 2010 until 2016, working on science and higher education cooperation between the two countries.…
