Pakistan, Turkiye sign offshore bidding pact for joint oil and gas exploration

Turkish Minister for Energy & Natural Resources, Alparslan Bayraktar (center, standing), and Pakistan's Minister for Petroleum, Ali Pervaiz Malik (second right, standing), pose as both sides signs an agreement at the sidelines of Pakistan Minerals Investment Forum 2025, in Islamabad, Pakistan, on April 8, 2025. (@Official_PetDiv/X)
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Updated 11 April 2025
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Pakistan, Turkiye sign offshore bidding pact for joint oil and gas exploration

  • Pakistan’s offshore consists of two distinct basins, Makran and Indus, which together cover area greater than 282,623 sq km
  • Pakistan announced offshore block bid round in February, offering 40 blocks in Makran and Indus basins for exploration licenses

ISLAMABAD: Pakistan and Turkiye this week signed a joint agreement to participate in an offshore oil and gas exploration bid round in Pakistan, the press information department said in a statement. 

The agreement was signed on the sidelines of the Pakistan Minerals Investment Forum 2025 by Pakistani Minister for Petroleum Ali Pervaiz Malik and Turkiye’s Minister of Energy and Natural Resources Alparslan Bayraktar.

Under the agreement, leading Pakistani exploration and production (E&P) companies — Mari Energies Limited, Oil & Gas Development Company Limited (OGDCL), and Pakistan Petroleum Limited (PPL) — will partner with Turkish state-owned enterprise Türkiye Petrolleri Anonim Ortaklığı (TPAO) to jointly bid for offshore blocks.

“This bid round is a significant opportunity for attracting foreign direct investment (FDI) in the country’s upstream energy sector,” the press information department statement said. 

“We believe that this strategic collaboration [with Turkiye] will bring much-needed FDI to Pakistan and pave the way for the sharing and deployment of international technologies, expertise, and skillsets to explore and exploit the untapped potential of Pakistan’s offshore region.”

Pakistan’s offshore consists of two distinct geological basins, Makran and Indus, which together cover an area greater than 282,623 sq km. 

In a major policy shift aimed at revitalizing Pakistan’s energy sector, the government in February announced the auction of 71 oil and gas exploration blocks, 40 offshore and 31 onshore, while also unveiling plans to deregulate fuel prices. These measures are expected to enhance domestic energy production, attract foreign investment, and introduce competitive pricing in the petroleum market.

Then Federal Minister for Petroleum Musadik Malik made the announcement at the Annual Oil and Gas Conference in Islamabad in February, highlighting the urgent need to expand exploration efforts. He said Pakistan had drilled only 18 offshore wells in the past 60 years, far behind regional peers such as India and Bangladesh, which have made significant discoveries in offshore fields. 

To bridge this gap, the government was now offering 40 offshore blocks for bidding, providing investors with an opportunity to tap into the country’s largely unexplored maritime energy reserves. Additionally, 31 onshore blocks had been made available to expand domestic oil and gas production.
 


US, Pakistan agree to strengthen security and border cooperation

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US, Pakistan agree to strengthen security and border cooperation

  • Pakistan, US have maintained multifaceted ties, encompassing security cooperation, economic engagement and people-to-people ties
  • ‎In August last year, both countries reaffirmed their commitment to combating militancy by boosting capabilities against emerging threats

KARACHI: The United States (US) and Pakistan have agreed to strengthen cooperation on security and border management, the Pakistani interior ministry said on Saturday, with both sides reaffirming commitment to counter terrorism, enhance information-sharing and promote regional stability.

The statement came after a meeting of Pakistani Interior Minister Mohsin Naqvi with a high-level US delegation, led by US Chargé d’Affaires Natalie Baker, that featured in-depth discussions on boosting Pakistan-US relations and expanding cooperation in shared areas of interest.

The two sides discussed training programs for officials of Pakistan’s Federal Investigation Agency (FIA), Federal Constabulary and NCCIA National Cyber Crime Investigation Agency (NCCIA) as well as the establishment of a Center for Transformation Crime and an academy within FIA with US support.

‎“Both sides agreed to enhance collaboration in bilateral security and border management,” the interior ministry said. “It was mutually agreed to further strengthen existing cooperation with the [US] Anti-terrorist Assistance Program and the Bureau of International Narcotics and Law Enforcement Affairs.”

‎Both sides agreed to equip Pakistani border security agencies, coast guards and other institutions with modern US-supplied equipment.

On the occasion, Naqvi said that modern technology would enhance the capacity of Pakistani border security agencies and coast guards, according to the ministry. He welcomed US assistance in the reorganization of the Federal Constabulary and in strengthening the capabilities of FIA and NCCIA.

Pakistan and the US have maintained multifaceted relations for decades, encompassing security cooperation, economic engagement and people-to-people ties. While the partnership has experienced periods of strain, particularly over regional security dynamics in South Asia and Afghanistan, both sides have continued to engage through institutional mechanisms, including military-to-military contacts, counterterrorism cooperation and high-level diplomatic dialogues.

In August last year, both sides reaffirmed their commitment to combating militancy by boosting capabilities against emerging threats, the Pakistani foreign office said, following a Pakistan-US joint counterterrorism dialogue in Islamabad. This month, Pakistan and the US launched the 13th edition of their bilateral joint counterterrorism exercise, Inspired Gambit 2026, to boost interoperability and share counterterrorism expertise, the Pakistani military said.

Naqvi said the US support in activating FIA’s Counter-Terrorism Wing would prove to be “highly beneficial,” while the NCCIA is carrying out an extensive crackdown on illegal call centers across the country.

“Advanced software is vital for preventing financial fraud and terror financing, and US cooperation with NCCIA in this regard is highly significant,” he said.

‎The minister emphasized the need to further expand collaboration with Pakistani institutions, according to the Pakistani interior ministry. The US delegation appreciated Pakistan’s efforts to increase security cooperation and strengthen bilateral ties.

‎“‎The acting US ambassador acknowledged the ongoing collaboration between the Ministry of Interior and US agencies at various levels and reaffirmed that efforts would continue to further enhance partnership with Pakistan,” the ministry added.