The Ministry of Energy on Friday announced the results of the Offshore Bid Round 2025, a major initiative to boost petroleum exploration in Pakistan after an 18-year hiatus. The round offered 40 offshore blocks, with potential investments estimated up to USD 1 billion through exploration drilling.

The Offshore Bid Round 2025 offered 40 offshore blocks for petroleum exploration. Bids were submitted for 23 blocks, covering an area of approximately 53,510 square kilometers. According to the Petroleum Division, this response reflects “strong investor confidence” in Pakistan’s resource potential.

The bidding process, launched in January, aims to support the government’s broader objective of enhancing energy security and developing domestic hydrocarbon resources.

To provide clarity and attrac

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