In a major step toward energy cooperation, Pakistan and Turkiye have signed a joint bidding agreement to explore offshore oil and gas reserves—marking a promising development in regional energy ties.
Formal Agreement Signed at Investment Forum
The agreement was signed during the Pakistan Minerals Investment Forum 2025. This collaboration aims to bring both countries closer in their shared ambition to boost energy resources and strengthen economic ties through strategic partnerships.
Pakistan’s Offshore Blocks Open for Bidding
Earlier this year, Pakistan announced a bidding round for 40 offshore blocks located in the Makran and Indus basins. The move is part of the government’s efforts to attract foreign investment in the country’s energy sector.
Key Players from Both Countries Involved
Pakistani energy giants such as Mari Energies Limited and Oil & Gas Development Company Limited (OGDCL) will partner with Turkish counterparts to take part in the exploration activities. This cross-border collaboration reflects growing investor confidence.
Strengthening Regional Energy Security
The joint venture is expected to enhance Pakistan’s energy outlook while deepening diplomatic and economic ties with Turkiye. Experts believe this initiative could be a key milestone toward regional energy security and long-term growth.
