Total to Begin Exploration Offshore Pakistan

Sheikh Rashid Ahmed, the Pakistan Information Minister, revealed that Total has received cabinet approval for a $25 million exploration project offshore Pakistan. The minister said that this was the first agreement of its kind in the history of the country. He believes that this will open up further opportunities in offshore exploration.

Pakistan hopes to attract as much as $3 billion in offshore drilling investment and has increased efforts to make new discoveries in recent years.

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