Mari Petroleum Company Ltd (MPCL) reported on 16 March 2018 that it has signed a MOU with Polskie Gornictwo Naftowe I Gazownictwo SA (PGNiG) on 15 February 2018 for strategic cooperation in exploration and production (E & P) activities. MPCL stated that the initiative aims at future local and international upstream projects including farm-in opportunities and shale gas potential in Pakistan. The MOU for strategic cooperation was signed by MD/CEO MPCL, Mr Ishfaq N. Ahmed and PGNiGâs MD, Mr. Przemyslaw Krogulec at MPCL office in Islamabad. The signing ceremony was witnessed by senior officials of the two companies.
MPCL has signed a MOU with PGNiG for strategic cooperation in exploration and production (E & P) activities in Pakistan.