Pakistan, April 9 -- Pakistan and Turkiye have announced a major collaboration in oil and gas exploration. This agreement was made during the Pakistan Minerals Investment Forum 2025. Both countries signed a joint bidding agreement to jointly participate in an upcoming offshore bidding round in Pakistan. This round will offer 40 blocks for exploration in the Makran and Indus basins.
The Pakistani government aims to attract foreign direct investment (FDI) in its upstream energy sector through this partnership. Several reputable Pakistani companies, including Mari Energies and Oil & Gas Development Company Limited (OGDCL), have joined forces with the Turkish state-owned enterprise, Turkiye Petrolleri Anonim Ortakligi. This collaboration is ex...