Mari Energies secures 23 offshore exploration blocks
13-Nov-2025
MettisGlobal
November 13, 2025 (MLN): Mari Energies Limited (PSX:MARI) has been
provisionally awarded 23 new offshore exploration blocks by Pakistan's
Directorate General of Petroleum Concessions (DGPC), marking a significant
expansion of the company's exploration portfolio.
The blocks were awarded following competitive bidding in the
Pakistan E&P Offshore Bid Round 2025 (October), with Mari Energies securing
18 blocks as operator and 5 as a joint venture partner, according to the company's statement issued today.
Mari Energies has formed partnerships with several major
energy companies for this venture, including Oil and Gas Development Company
Limited (OGDCL), Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas
Company Limited (TPOC), Prime Global Energies Limited (PRIME), United Energy
Pakistan Limited (UEP), Orient Petroleum Inc (OPI), and Fatima Petroleum
Company Limited (FCPL).
|
S# |
Block
Name |
Basin |
Operator
(Working Interest) |
JV
Partners (Working Interests) |
|
1 |
Binn
Qasim South (2466-10) |
Indus
Offshore |
OGDCL
(32%) |
MariEneriges
(24%), PPL (24%), Prime (20%) |
|
2 |
Kochi
Creek (2366-8) |
Indus
Offshore |
PPL
(40%) |
MariEneriges
(30%), OGDCL (30%) |
|
3 |
Keti
Bandar (2367-6) |
Indus
Offshore |
OGDCL
(32%) |
PPL
(24%), MariEneriges (24%), Prime (20%) |
|
4 |
Behr
Block (2366-9) |
Indus Offshore |
MariEneriges
(40%) |
OGDCL
(30%), PPL (30%) |
|
5 |
Zarrar
Block (2267-3) |
Indus
Offshore |
MariEneriges
(32%) |
PPL
(24%), OGDCL (24%), Prime (20%) |
|
6 |
Gharo
Creek (2466-9) |
Indus
Offshore |
PPL
(40%) |
MariEneriges
(30%), OGDCL (30%) |
|
7 |
Offshore
Deep A (2266-14) |
Indus
Offshore |
MariEneriges
(60%) |
UEP
(30%), OPI (10%) |
|
8 |
Offshore
Deep C (2366-10) |
Indus
Offshore |
MariEneriges
(70%) |
TPOC
(15%), Fatima (15%) |
|
9 |
Offshore
Deep D (2366-11) |
Indus
Offshore |
MariEneriges
(40%) |
OGDCL
(30%), PPL (30%) |
|
10 |
Offshore
Ultra Deep B (2266-13) |
Indus
Offshore |
MariEneriges
(60%) |
UEP
(30%), OPI (10%) |
|
11 |
Offshore
Deep E (2266-15) |
Indus
Offshore |
MariEneriges
(60%) |
UEP
(30%), OPI (10%) |
|
12 |
Offshore
Deep F (2366-12) |
Indus
Offshore |
MariEneriges
(70%) |
TPOC
(15%), Fatima (15%) |
|
13 |
Sapat
Bandar (2465-5) |
Makran
Offshore |
Prime
(31%) |
MariEneriges
(23%), OGDCL (23%), PPL (23%) |
|
14 |
Makran
Offshore Ultra Deep-I (2462-3) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
15 |
Makran
Offshore Ultra Deep-II (2362-2) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
16 |
Makran
Offshore Ultra Deep-III (2463-1) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
17 |
Makran
Offshore Ultra Deep-IV (2362-1) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
18 |
Makran
Offshore Ultra Deep-V (2363-1) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
19 |
Makran
Offshore Ultra Deep-VI (2361-2) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
20 |
Makran
Offshore Ultra Deep-VII (2362-4) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
21 |
Makran
Offshore Ultra Deep-VIII (2362-3) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
22 |
Makran
Offshore Ultra Deep-IX (2462-4) |
Makran
Offshore |
MariEneriges
(100%) |
- |
|
23 |
Makran
Offshore Ultra Deep-X (2361-1) |
Makran
Offshore |
MariEneriges
(100%) |
- |
The formal award of petroleum rights in the aforementioned
blocks is conditional to the following for each of the blocks: Grant of
Petroleum Exploration Licenses and execution of Production Sharing Agreements
with the Government, Execution of Joint
Operating Agreements among the respective JV Partners, Completion of related
legal/procedural formalities
The acquisition of these offshore exploration blocks is a
part of Company’s long term strategy where it aims to not only find new
hydrocarbon resources but also to largely contribute towards energy security of
Pakistan.
The acquired blocks, together with various consortiums, will
allow systematic exploration of multiple untested hydrocarbon plays across both
the Indus and Makran basins.
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