Pakistan’s energy sector is entering a new phase of growth as Mari Energies Limited (MARI) and Oil & Gas Development Company Limited (OGDCL) join hands with Turkish Petroleum Overseas Company (TPOC) to explore offshore resources.
Under the recently signed farm-out agreement, both MARI and OGDCL will each acquire a 20% working interest in the Eastern Offshore Indus-C Block from Pakistan Petroleum Limited (PPL). This collaboration aims to expand Pakistan’s exploration capabilities and attract foreign investment into its energy industry.
TPOC, a subsidiary of Türkiye’s national oil company, will act as the operator of the project, bringing in global expertise and modern technology to strengthen offshore drilling and exploration. The partnership highlights the growing Pakistan–Türkiye energy cooperation, which continues to deepen through mutual investments and strategic projects.
Energy experts say this alliance could unlock new reserves in Pakistan’s coastal waters, helping the country reduce its reliance on imported fuels and move toward energy self-sufficiency.
This project not only strengthens Pakistan’s offshore exploration ambitions but also symbolizes international confidence in the country’s natural resource potential, marking a strong step forward for the future of Pakistan’s energy security and regional collaboration.