Turkish 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 is set to arrive in Karachi between November 17 and 20 for offshore oil and gas exploration, according to the Petroleum Division. The vessel is expected to mark the revival of Pakistan's offshore exploration efforts after nearly two decades, following a meeting between Petroleum Minister Ali Pervaiz Malik and relevant agencies.
The ceremony, which involved representatives from various government departments and companies, highlighted the importance of this milestone in Pakistan-Turkey relations. TPOC, a subsidiary of Turkish Petroleum Corporation, holds stakes in three offshore blocks in Pakistan, with PPL, OGDCL, and Mari Energies as partners. The Offshore Bid Round 2025, launched last year, aimed to grant petroleum exploration licenses in 40 Indus and Makran offshore blocks, with TPOC holding a 25% interest in one of the blocks.
The successful arrival of the vessel is seen as a significant step toward building Pakistan's energy security.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
