Pakistan Announces Offshore Bid Round 2025 Results

The government had announced the result of offshore bidding round 2025 to boost to boost offshore petroleum exploration in Pakistan.

Among the bidders several companies had participated and majority of them included state owned companies like OGDCL, PPL, MariEnergies and Prime Energy. They were also said to join Turkish Turkish Petroleum, United Energy, Orient Petroleum, and Fatima Petroleum.

Read More: Offshore drilling of oil: Pakistani firms win block in Abu Dhabi

If drilling proceeds, the government had estimated total investment of $750 million and $1 billion. Türkiye’s national oil company, TPAO, had also acquired 25% stake and operatorship in Offshore Block-C.

Turkish firm had made footprints in Pakistan for first time in offshore and onshore fields. Earlier, Earlier, Pakistani state owned companies had made joint ventures with Italian firm ENI and US firm Exxonmobil. During the previous regime of PTI government in Pakistan, they had made efforts and even then prime minister Shahbaz Sharif had announced good new for the discovery.

But later, it was revealed that there were no results found in offshore drilling in Karachi. However, Pakistani officials said that they had collected data regarding offshore drilling which would help in upcoming offshore drilling activities in Pakistan.

Pakistan had made around 17 attempts to find out oil and gas through offshore drilling but no success had been made so far.

The government had announced bids on October 31, 2025. It had offered 40 offshore fields but companies including Turkish firm had won 23 bids which covered an area of approximately 53,510 square kilometers. The Pakistani government had held a round of offshore bidding after 18 years.

The government had launched bidding process in January with an objective of boosting energy security and developing domestic hydrocarbon resources.

The ministry of Energy Petroleum Division had promulgated new Offshore Petroleum Rules before conducting bidding round for offshore fields.

A recent basin study conducted by US-based consultancy DeGolyer and MacNaughton had identified substantial unexplored hydrocarbon potential offshore Pakistan, particularly in the Indus and Makran regions.

Following this study, the government had invited companies to float bid for a range of offshore geological prospects.

The Bid opening committee had opened bids on October 31 which was chaired by the Director General Petroleum Concessions.

Representatives from Sindh and Balochistan had also participated the bid opening ceremony, officials said.

Companies had committed a total of 4,427 work units for Phase-I of the initial three-year licence period. They Planned spending for the first phase is estimated at about $80 million.

During Phase-I, operators will undertake extensive geological and geophysical studies. They will also conduct seismic data acquisition and interpretation.

Officials described the move as a sign of growing international interest in Pakistan’s offshore potential.