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Hashoo Group of Companies, which is already engaged in oil and gas exploration and production in Pakistan through its companies namely Orient Petroleum International Inc (OPII) and Zaver Petroleum Corporation Limited (ZPCL), has launched Global Drilling Company Pvt Limited (GDCPL) for drilling industry in Pakistan.
GDCPL is focused on providing world class drilling services in Pakistan with a vision to enhance the drilling services and make it available to all Exploration and Production Companies so as to contribute its share in making Pakistan self-sufficient in hydrocarbon production and also to create an opportunity of employment and training for local people at the International Standards.
GDCPL is set to have a modest start with one 1500HP rig that is one of the most modern rigs in the market, equipped with the state of the art technology and most experienced management and technical staff capable of managing all affairs of the company. GDCPL will initially be providing services to OPII, ZPCL and other joint venture partners to catch up with the left over drilling plans due to paucity of rigs in the country in the recent past.
Global Drilling is likely to contribute its bit in accelerating the pace of exploration and production activities in the country that has slowed down due to non-availability of rigs for the E&P sector. The company also plans to progressively buy more rigs in the future ultimately to become leading drilling company of the country.
Global Drilling is scheduled to start drilling of its first exploratory well, Maharvi -1 in the district of Bahawalnagar, Punjab, for OPII towards the last week of March 2009. It is expected that the well will be drilled to a target depth of 7,300 feet. According to a press release, a new team of managers and technical staff with extensive international experience in drilling services has been engaged at internationally competitive salary packages.
The in-house expertise covers full spectrum of the drilling contractors activities including Operations, Quality Assurance, Safety, Health and Environment (QASHE), Engineering, Drilling, Procurement and Drilling Project Management. GDCPL has already obtained IADC Registration and has become a registered drilling contractor on the IADC member directory 2008 bearing registration No 172275.
GDCPL has a firm commitment plan to obtain the following certifications in the year 2009 with a vision to work abroad and compete in the international market on merit. The certifications include ISO 9001-2001 Quality Management System, ISO 18001-2007 Occupational Safety & Health Assessment System (OHSAS), ISO 14000-2001 Environment Management System and ISO 29001- Oil Field Related Health & Safety Management System. -PR

Copyright Business Recorder, 2009

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