PPL secures provisional rights to 8 offshore hydrocarbon blocks

MG News | November 13, 2025 at 03:44 PM GMT+05:00

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November 13, 2025 (MLN): Pakistan Petroleum Limited (PPL) has secured the provisional award of eight new offshore blocks for hydrocarbon exploration, achieving a 100% success rate in the competitive bidding round held by the Government of Pakistan on October 31, 2025.

The provisional awards were communicated on November 12, 2025.

The move is part of the country's push to revive offshore exploration and boost domestic energy reserves.

PPL will participate in all eight blocks, two as the operator and six as a joint venture (JV) partner alongside other domestic E&P companies, including Oil and Gas Development Company Limited (OGDCL), Mari Energies Limited, and Prime Global Energies Limited.

The eight blocks provisionally awarded are: Gharo Creek, Kochi Creek, Bin Qasim South, Keti Bandar, Behr, Zarrar, Offshore Deep D, and Sapat Bandar. The partnerships and participating interests for PPL are detailed below:

Block	Operator (PPL Interest)	JV Partners (PPL Interest)
Gharo Creek (2466-9)	PPL (40%)	OGDCL (30%), Mari Energies Limited (30%)
Kochi Creek (2366-8)	PPL (40%)	OGDCL (30%), Mari Energies Limited (30%)
Bin Qasim South (2466-10)	OGDCL (32%)	PPL (24%), Mari Energies Limited (24%), Prime Global Energies Limited (20%)
Keti Bandar (2367-6)	OGDCL (32%)	PPL (24%), Mari Energies Limited (24%), Prime Global Energies Limited (20%)
Behr (2366-9)	Mari Energies Limited (40%)	PPL (30%), OGDCL (30%)
Zarrar (2267-3)	Mari Energies Limited (32%)	PPL (24%), OGDCL (24%), Prime Global Energies Limited (20%)
Offshore Deep D (2366-11)	Mari Energies Limited (40%)	PPL (30%), OGDCL (30%)
Sapat Bandar (2465-5)	Prime Global Energies Limited (31%)	PPL (23%), OGDCL (23%), Mari Energies Limited (23%)

The provisional award is not yet final and is contingent upon the completion of several legal and procedural formalities.

This includes the execution of respective Production Sharing Agreements and the grant of Exploration Licenses by the government, as well as the execution of Joint Operating Agreements among the JV partners.

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