An MOU was signed between KPOGCL, Khyber Pakhtunkhwa Oil and Gas Company Limited, and Eriell Oilfield Services, regarding joint partnership in projects relating to oil and gas on 28th September 2017 at Marriot hotel, Islamabad.
The ceremony was attended by CEO KPOGCL, Mr Raziuddin Razi, Chief (C&ES) KPOGCL, Mr. Fawad Haider and delegates from the Eriell Oilfield Services B.V, headed by its Managing Director Mr. Dilshod Akhmedov.
Eriell Oilfield Services is world’s renowned company from Russia which specializes in drilling and construction and providing services related to oil and gas. The company will provide KPOGCL with their expertise related to the field work which will also include training of local manpower from KP Province on latest softwares and on-job training to bring them at par with international standards.
Eriell delegate, Mr. Dilshod Akhmedov, Managing Director Eriell Oilfield services, showed interest towards seepages in KP province saying, “KP has potential of hydrocarbons and in order to completely tap these resources we should reach an agreement soon as possible”.
He also mentioned his company’s vision of bringing developing and under developed nations at par with other advanced countries by training their new generation with all the latest techniques and efficient planning models Etc with good spirit.
Raziuddin Razi also said that this MOU will help bring more efficient services and technology to the province that will help in exploration and production field of KP province.
“The vast experience of Eriel oilfield services in oil & gas services will help KPOGCL achieve its goal and thus the province will prosper and help the economy of Pakistan”, he said.
The CEO also said that the MOU signing with Eriell Oilfield Services showed the confidence of international companies to work in Pakistan which gives a positive image to other potential investors in the world.
Since 2013, due to KP robust participation towards hydrocarbons production, Pakistan has achieved foreign exchange savings in billions of rupees.