Islamabad: Mari Petroleum Company Limited (MPCL) and Polskie Gornictwo Naftowe I Gazownictwo SA (PGNiG), a Polish oil & gas exploration company, signed a strategic cooperation initiative for evaluating potential business opportunities in upstream exploration and production projects, according to a news report.
This MoU was signed by MPCL MD Ishfaq Nadeem Ahmed, and PGNiG MD Przemyslaw Krogulec at the MPCL Head Office Islamabad. Both companies have vast experience in their fields and are joining hands to explore upstream business opportunities related to production and exploration, and also explore the potential of shale oil in Pakistan. These opportunities shall be both local and international, bringing new avenues to energy production in Pakistan.