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Pakistan Makes Major Offshore Oil and Gas Discovery After Two Decades
Pakistan secures successful bids for 23 offshore oil & gas blocks after 20 years — covering 53,510 sq km with $80M initial investment, expected to rise to $1B.
MH
by Muhammad Hashir
2025-10-31
Pakistan Makes Major Offshore Oil and Gas Discovery After Two Decades

Pakistan has achieved a major milestone in its energy sector, marking its first significant success in offshore oil and gas exploration in 20 years.

According to official details, successful bids have been received for 23 offshore exploration blocks, covering an expansive area of 53,510 square kilometers under the latest bidding round.

The Petroleum Division stated that an initial investment of $80 million will be made in the first phase of exploration, while total investment is expected to reach up to $1 billion during the drilling phase.

Officials said that the strategy of simultaneous exploration in the Indus and Makran basins has proven successful, reflecting growing investor confidence in Pakistan’s upstream energy sector.

The successful bidders in the offshore round include leading national and international energy companies such as OGDCL, PPL, Mari Energies, Prime Energy, Turkia Petroleum, United Energy, Orient Petroleum, and Fatima Petroleum.

The Petroleum Division highlighted that this development marks a turning point for Pakistan’s energy independence, with offshore exploration expected to significantly boost domestic production and reduce reliance on imported fuels.

Energy experts view this as a positive sign for the country’s economic stability, emphasizing that the revival of offshore drilling after two decades could unlock untapped hydrocarbon reserves critical to Pakistan’s long-term energy security.
Tagged:

PakistanEnergy

OGDCL

OilGasExploration

PetroleumDivision
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