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Business Recorder
15-05-2025
- Business
- Business Recorder
Seven new exploration blocks: OGDCL secures provisional award
ISLAMABAD: Oil and Gas Development Company Limited (OGDCL), the country's leading exploration and production company, has been provisionally awarded seven new exploration blocks through a competitive bidding round held by the Government of Pakistan in April 2025. The Ministry of Energy (Petroleum Division) has communicated the provisional award of new exploration blocks to OGDCL and its joint venture partners, Pakistan Petroleum Limited (PPL), Pakistan Oilfields Limited (POL), Mari Energies Limited (Mari), Government Holdings (Private) Limited (GHPL), Turkish Petroleum Overseas Company (TPOC), and Prime Global Energies Limited (Prime). These blocks have been awarded based on the work units committed by OGDCL and its joint venture partners, subject to formal execution of Exploration Licenses and Petroleum Concession Agreements (PCAs). OGDCL has secured 100 percent working interest and operatorship in the Kalat North Block located in Balochistan. The company will also operate the Naing Sharif Block in Sindh with a 70 percent working interest, partnered by Prime with a 30 percent share. In Punjab, OGDCL will act as operator of the Khiu-II Block, holding 60 percent working interest, while Mari holds the remaining 40 percent. OGDCL has also secured a 40 percent working interest in the Ahmad Wal Block in Balochistan, where Mari will serve as the operator with a 60 percent working interest. In the Kalat South Block, also in Balochistan, OGDCL secured a 30 percent share, with PPL acting as the operator with 40 percent interest and Mari holding 30 percent. In Sindh's Sukhpur-II Block, OGDCL has a 30 percent stake, alongside Prime (25pc, operator), Mari (30pc), and TPOC (15pc). In the Ziarat North block in Balochistan, OGDCL secured a 24.87 percent working interest, with Mari acting as operator with 33.16 percent, and PPL, GHPL, and TPOC holding 24.87 percent, 7.10 percent, and 10 percent respectively. These awards mark a significant step forward in OGDCL's strategy and business plan to strengthen its core exploration portfolio and accelerate efforts to augment the country's hydrocarbon reserves. Copyright Business Recorder, 2025
USA Today
12-05-2025
- Entertainment
- USA Today
'Shang-Chi' star Simu Liu is engaged to Allison Hsu: 'Nine rings left'
'Shang-Chi' star Simu Liu is engaged to Allison Hsu: 'Nine rings left' Show Caption Hide Caption Simu Liu wants to avoid 'slandering' stars while hosting the 2024 PCAs Simu Liu explains his commitment to not "slandering anyone" and why "we have to talk about" Taylor Swift while hosting the 2024 PCAs. Make that 11 rings. "Shang-Chi and the Legend of the Ten Rings" star Simu Liu, 36, has confirmed he is engaged to partner Allison Hsu. The Marvel actor revealed the news in a romantic Instagram post on May 11, which showed him and Hsu sharing a kiss. "From weekends in Paris, day trips to Palm Springs, long nights on set, afternoons vegging on the couch and everything in between, I choose you forever and always," he wrote. Liu also shared the news on his Instagram story. "Nine rings left," he wrote, referencing the title of his Marvel superhero film "Shang-Chi and the Legend of the Ten Rings." Hsu, meanwhile, posted a series of photos showing a closer look at the engagement ring along with the caption, "Us forever 💍💍💍🤍🤍🤍." Liu and Hsu, a digital marketing director at the record label Interscope Records, have been linked since 2022. That same year, she was listed on Forbes' 30 Under 30 in the music category, with the magazine noting Hsu "leads all things digital and social for" artists including Billie Eilish, Finneas and Lady Gaga. Speaking with People magazine in 2023, Liu said that Hsu "absolutely changed my life," adding, "She's really taught me that you have to fight for the time with the people that you love, she's really taught me that you need to be intentional and tend to each and every one of the relationships that matter to you." People's Choice Awards host Simu Liu promises to 'punch up': 'It's not about slandering' In an Instagram post for her birthday in 2023, Liu also wrote that Hsu "inspires me in her passion for music," "teaches me how to balance a busy and chaotic schedule with grace, and touches me in how she cares for each and every person in her life." How a Marvel tweet, blue spray paint and 'Good Will Hunting' led to Simu Liu's 'Shang-Chi' stardom Liu debuted as Marvel superhero Shang-Chi in 2021 and has been confirmed as part of the massive cast of 2026's "Avengers: Doomsday," which also stars Robert Downey Jr., Chris Hemsworth and other Marvel A-listers. Since "Shang-Chi," Liu also had a role as a Ken in Greta Gerwig's "Barbie" and starred opposite Woody Harrelson in the thriller "Last Breath."
