Mari Energies Limited has announced the acquisition of a 20% working interest in the Eastern Offshore Indus-C Block, marking its entry into Pakistan’s offshore energy sector.
The move comes as part of a farm-out agreement with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), a subsidiary of Türkiye’s national oil company, and Oil & Gas Development Company Limited (OGDC).
According to a notice sent to the Pakistan Stock Exchange on October 15, 2025, the partnership is the result of high-level engagements between the governments of Pakistan and Türkiye, aimed at deepening bilateral energy cooperation and encouraging foreign direct investment in Pakistan’s underexplored offshore basins.
Once all regulatory approvals are secured, TPOC will assume operatorship of the block, leveraging its extensive experience in offshore exploration and field development. The final participating interests in the block will be: TPOC 25% (Operator), PPL 35%, Mari Energies 20%, and OGDC 20%.
This transaction marks a significant milestone for Mari Energies, which has built a strong track record in onshore exploration and development.
The company now aims to accelerate exploration activities in Pakistan’s offshore basins. The collaboration with TPOC, PPL, and OGDC is expected to unlock new hydrocarbon potential and lay the groundwork for long-term strategic cooperation in the energy sector between Pakistan and Türkiye.
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