ISLAMABAD: Mari Energies, formerly known as Mari Petroleum Company Limited, has provisionally secured 10 onshore exploration blocks in Pakistan following the recent competitive bidding round conducted by the Directorate General of Petroleum Concessions (DGPC) on April 30, 2025.
In a notice to the Pakistan Stock Exchange (PSX), the company confirmed that it will independently operate seven of the awarded blocks, while the remaining three will be developed through joint ventures (JVs). These JV arrangements include partnerships with Oil and Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), and Prime Global Energies Limited, each serving as operator in one respective block. Additional JV partners include Government Holdings Pvt Ltd (GHPL) and Turkish Petroleum Overseas Company (TPOC).
Eight of the awarded blocks—Ziarat North, Ahmad Wal, Padag, Chagai, Dalbandin, Merui, Merui West, and Kalat South—are located in Balochistan. The other two, Khiu-II and Sukhpur-II, are situated in Punjab and Sindh, respectively.
MariEnergies stated that the formal award of petroleum rights remains subject to government approval of exploration licenses, execution of petroleum concession agreements, finalization of JV operating agreements, and completion of all requisite legal formalities.
“The acquisition of these blocks aligns with our strategic objective to expand our exploration footprint and contribute to Pakistan’s energy security and self-reliance,” the company noted.
The announcement follows MARI’s recent gas discovery at the Soho-1 exploratory well in the Sujawal Block, Sindh.
