Pakistan Petroleum Limited (PSX:PPL) has issued a clarification on the news regarding “Reclaiming Land from Sea and Artificial Island” originally published by Bloomberg.

The company has clarified that the aforesaid media coverage is misleading and does not fully reflect the technical scope and design of the project.

The activities underway relate to enabling safe drilling operations in a challenging marshy environment, rather than the development of a standalone offshore island. This is a technically complex and unique initiative, and is among the first projects in Pakistan to undertake drilling in such a marshy, tide-affected area.

The project is located in the southern marshy region of the Sirani Block, near district
Sujawal, which has previously remained unexplored due to significant operational and
accessibility constraints.

PPL has already successfully acquired 2D and 3D seismic data in this area using specialized transition-zone equipment. Construction activities are currently in progress to support drilling operations, including development of loading/offloading jetties and an access road linking the offloading jetty to the well site.
Due to the marshy subsoil conditions and tidal influence, both the access road and the
well pad are being raised by approximately nine feet to ensure operational continuity and mitigate the effects of low and high tides.

The well location is approximately 30 km from the mainland. A natural water channel of approximately 17 km between the loading and offloading jetties will be used to transport rig equipment and materials via barges. The well is planned to be spud in March 2026.