Italy’s Eni and its partners are preparing to drill an ultra-deepwater exploration well targeting gas off Pakistan. Any significant find could help offset the country’s declining domestic production and reduce its need for imported LNG.
ExxonMobil joined as a joint venture partner in the Eni-operated Block G in May. The move was hailed as a significant vote of confidence in the prospectivity of the frontier waters in the Indus Basin near Pakistan’s maritime border with Iran.
Moreover, Exxon’s return to Pakistan after an absence of 33 years...
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!