Pakistan awards 23 offshore oil exploration blocks after 18 years
A general view of Equinor’s Johan Sverdrup oil rigs in the North Sea, Norway. — Reuters/File First round of offshore bidding from Pakistan since 2007. Four local consortiums win exploration rights. Turkish national oil company TPAO among foreign partners. Pakistan said it has awarded 23 offshore exploration blocks to four consortiums led by local energy companies, some of which work with foreign companies, including Turkey’s national oil company TPAO. In Pakistan’s first such bidding round in nearly two decades, the Energy Ministry said on Friday that bids had been awarded for 23 of the 40 offshore blocks on offer, covering










