Pakistan is set for an exploration renaissance, much to the delight of the government, and local media hype is on the rise.
Excitement has been building since May, when US supermajor ExxonMobil acquired a 25% stake in Eni’s ultra-deepwater Offshore Indus Block G, located in Pakistan's Indus basin.
The block is located in an under-explored offshore area, and Eni is preparing to drill early next year.