Pakistan, Oct. 15 -- Pakistan Petroleum Limited (PPL), a major energy company in the country, has announced a strategic partnership with Turkish Petroleum Overseas Company (TPOC), a subsidiary of Turkiye's national oil company TPAO, under the farm-out process of the Eastern Offshore Indus C Block.
The partnership is aimed at boosting offshore exploration and strengthening Pakistan-Turkiye energy cooperation, PPL said in its filing to the Pakistan Stock Exchange (PSX) on Tuesday.
"PPL is pleased to announce a major milestone in the farm-out process of the Eastern Offshore Indus C Block, marking the beginning of a strategic collaboration with TPOC, a wholly owned subsidiary of TPAO, the national oil company of Turkiye.
"This partnership ...
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