Turkey's TPAO formalises deal for oil exploration in five Pakistan fields

Turkey's state oil company TPAO signed hydrocarbon exploration and production agreements with Pakistani companies including Mari Energy, Fatima, OGDCL, PPL, Prime and GHDL for three offshore and two onshore fields in Pakistan, the Turkish Energy Ministry said on Tuesday.

Under the signed agreements, TPAO and the abovementioned Pakistani companies will jointly explore and produce crude oil and natural gas in three offshore blocks in Pakistani territorial waters.