OGDCL to acquire a 20% working interest in Eastern Offshore Indus-C Block of Pakistan Petroleum Limited.

OGDCL, a large-scale public sector company specializing in oil and gas exploration and production, agreed to acquire a 20% working interest in Eastern Offshore Indus-C Block of Pakistan Petroleum Limited, a gas and petroleum company. Financial terms are not disclosed. This transaction underscores OGDCL's commitment to advancing offshore exploration in Pakistan. Leveraging its strong exploration expertise, in-house seismic capabilities, and prior participation in offshore programs, the Company is well positioned to play a central role in accelerating exploration and development in the Country's offshore basins. The collaboration with TPOC, PPL, and MariEnergies is a meaningful stride toward unlocking Pakistan's offshore hydrocarbon potential and further solidifying long-term strategic energy cooperation between Pakistan and Türkiye.