Turkey, Pakistan To Explore World’s Fourth Largest Oil & Gas Reservoir

Newly discovered offshore oil and gas deposits in Pakistan’s territorial seas could be brought to surface by Pakistan and Turkey. The two countries this week signed an agreement at the 2025 Pakistan Minerals Investment Forum in Islamabad to jointly bid on 40 offshore blocks. A bidding round for the granting of exploration licenses for the blocks, located in the Makran and Indus basins, was announced by the Pakistan government in February. According to News.AZ, Pakistan’s Mari Energies Limited, Oil and Gas Development Company Limited…