In a significant milestone for Pakistan’s energy sector, the Oil and Gas Development Company Limited (OGDCL), the nation’s largest exploration and production (E&P) firm, has made an exciting discovery of hydrocarbon reserves at the Akhiro-1 exploratory well. This well is strategically situated in the Khairpur district of Sindh, a region known for its geological potential.The […]
Read MoreData Centers, Cloud Computing, AI: Mari Petroleum to Invest Rs10 Bn in New Subsidiary.
Mari Petroleum Company Limited (MARI), one of Pakistan’s largest exploration and production companies, has approved a Rs10 billion (approximately $36 million) investment to establish a wholly-owned subsidiary focused on technology-driven ventures. The announcement was made in a notice to the Pakistan Stock Exchange (PSX) this month.During an emergent board meeting on September 23, 2024, the […]
Read MoreInnovative approaches to sustainable construction technologies.
ACEP, in collaboration with PEC, organized a seminar on innovative approaches to sustainable construction technologies. The speakers, Mr. Amir ul Islam and Mr. Enes Keskin, shared valuable insights on mechanical rebar couplers and their applications in various residential, commercial, and infrastructure projects, emphasizing steel savings and innovative solutions. The importance of adapting to evolving technologies […]
Read MorePAK-INDUSTRIA: A Call to Promote Domestic Industries
The three-day “PAK-INDUSTRIA” exhibition served as an exceptional platform for both domestic and international suppliers to showcase their high-quality products. Jam Ikramullah commended the participation of local industrialists, extending his well-wishes for their continued success. He emphasized that his office doors would always remain open for them, ensuring full cooperation. Ikramullah encouraged local entrepreneurs to […]
Read MoreKohinoor Power Calls Off Merger with Saritow Spinning Mills
Kohinoor Power Company Limited (KOHP) announced this month that it is no longer pursuing a merger with Saritow Spinning Mills Limited (SSML), citing challenging economic and operational conditions. The company communicated this decision in a notice to the Pakistan Stock Exchange (PSX), signaling a significant shift in its strategic plans.According to the notice, the Boards […]
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