Turkish seismic vessel to arrive in Karachi between Nov 17-20 to begin offshore oil, gas exploration
ISLAMABAD: A Turkish seismic vessel will arrive in Karachi between November 17 and 20 to begin offshore oil and gas exploration, the Petroleum Division said on Friday. The announcement followed a meeting between Petroleum Minister Ali Pervaiz Malik and relevant agencies to review preparations and arrangements for the arrival of the seismic vessel of Turkish Petroleum Offshore Company (TPOC) in…
A Turkish seismic vessel will arrive in Karachi between November 17 and 20 to commence offshore oil and gas exploration, the Petroleum Division announced. The vessel, operated by the Turkish Petroleum Offshore Company (TPOC), is expected to arrive after a nearly two-decade hiatus in Pakistan's offshore exploration efforts. The vessel's arrival is seen as a significant milestone in Pakistan-Turkey relations, particularly following the signing of the Makkah Joint Defence Agreement.
TPOC holds a 25% interest in the Eastern Offshore Indus-C block in the Arabian Sea, with operatorship, and has partnerships with local state-owned enterprises OGDCL, Mari Energies, and PPL.
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