OGDC secures stakes in one offshore, two onshore exploration blocks

Hayyan Mansuri | December 03, 2025 at 11:56 AM GMT+05:00

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December 03, 2025 (MLN): Oil & Gas Development Company Limited (PSX:OGDC) has secured participation in three strategic exploration blocks, significantly strengthening its position in both offshore and onshore exploration, according to the Company's filing on PSX, revealed today.

The agreements cover one offshore and two onshore blocks, with OGDC partnering alongside major players including Turkish Petroleum Oil Company (TPOC), Mari Energies Limited, Pakistan Petroleum Limited (PPL), Prime International Oil & Gas Company Limited, and Government Holdings (Private) Limited (GHPL) as per the following details.

Sr#	Block Name	Operator	JV Partners with Participating Interest
1	Eastern Offshore Indus-C Block (Offshore)	TPOC: 25% Participating interest	OGDCL: 20%, PPL: 35% and MariEnergies: 20%
2	Ziarat North Block (Onshore)	MariEnergies: 33.16% Participating interest	OGDCL: 24.87%, TPOC: 10%, PPL: 24.87% and GHPL: 7.10%
3	Sukhpur-II Block (Onshore)	Prime: 25% Participating interest	OGDCL: 30%, MariEnergies: 30% and TPOC: 15%

At the time of writing, Oil & Gas Development Company Limited (PSX:OGDC) shares were trading at Rs266.9, down Rs0.49 or 0.18%.

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