In a significant development for the country’s energy landscape, Oil and Gas Development Company Limited (OGDC) has emerged as a leading participant in Pakistan’s latest offshore bidding cycle, securing stakes in eight strategically important exploration blocks. The competitive bidding round, held by the Government of Pakistan in October 2025, drew strong participation from key national energy players.
According to the Ministry of Energy (Petroleum Division), provisional exploration rights have been extended to OGDC along with Pakistan Petroleum Limited (PPL), Mari Energies Limited (MariEnergies), and Prime Global Energies Limited (Prime). Together, these companies will form joint venture partnerships to advance Pakistan’s offshore exploration ambitions.
OGDC’s newly awarded portfolio spans both the Indus and Makran offshore basins. The company will take charge as the operator in two blocks Bin Qasim South (2466-10) and Keti Bandar (2367-6) each giving the firm a 32 percent working interest. These blocks lie within the promising Indus Offshore region, where exploration activity has intensified in recent years.
In addition, OGDC will participate as a non-operator in several other blocks. The company will hold 30 percent shares in Gharo Creek (2466-9) and Kochi Creek (2366-8), operated by PPL, and the same share in Offshore Deep D (2366-11) under MariEnergies. In the Makran Basin, OGDC has secured 24 percent in Zarrar (2267-3) and 23 percent in Sapat Bandar (2465-5), while also joining Behr Block (2366-9), operated by MariEnergies.
The awards will be finalized upon the signing of Production Sharing Agreements, Exploration Licences, and Joint Operating Agreements, alongside completion of all regulatory requirements.
