NJ Oilfield Services Joins International Consortium to Accelerate Oil and Gas Exploration in Pakistan

 

ISLAMABAD, PAKISTAN – December 10, 2025 – NJ Oilfield Services is proud to announce its participation in a landmark international collaboration to bolster energy security and foster economic growth in Pakistan. The initiative, formalized through five petroleum concession agreements and deeds of assignment, sees NJ Oilfield Services partnering with a consortium of local Pakistani companies and Türkiye's state-owned energy firm, Türkiye Petrolleri Overseas Company (TPOC), a subsidiary of TPAO.

The agreements, exchanged during the visit of Türkiye's Energy Minister Alparslan Bayraktar, cover a strategic mix of three offshore and two onshore exploration blocks.

Strategic Exploration for Future Energy Needs

This collaboration marks a pivotal step in NJ Oilfield Services' commitment to diversified energy exploration and international partnerships. The involved consortia have committed an initial investment of approximately $80 million for the exploration phase, with total potential investments projected to reach $1 billion if projects transition to production.

Exploration activities, including vital seismic surveys and potential direct drilling operations, are slated to commence as early as 2026, leveraging the combined expertise and resources of all partners.

The Exploration Blocks

The new agreements grant exploration licenses for the following five blocks:

• Eastern Offshore Indus-C
• Ziarat North
• Sukhpur-II
• Deep C
• Offshore Deep F

NJ Oilfield Services will work alongside esteemed partners, including Mari Energies, Oil & Gas Development Company Limited (OGDCL), Pakistan Petroleum Limited (PPL), Fatima Petroleum, Government Holdings Limited, Prime, and TPOC, combining local insight with international operational standards.

Fostering International Cooperation

"This strategic partnership underscores our dedication to innovative energy solutions and strengthening ties between our nations, utilizing our specialized expertise to unlock significant potential in these new blocks," said Syed Wasi Rizvi, Marketing Director Southeast Asia Region at NJ Oilfield Services.

The partnership reflects a broader scope of cooperation between Pakistan and Türkiye, with an eye toward future joint ventures in the mining sector and equity participation in Pakistan's power sector, with the shared goal of reaching a bilateral trade volume of $5 billion.

This initiative aligns with Pakistan's goal of achieving greater energy self-reliance by attracting significant foreign and local investment in its promising exploration sectors.

About NJ Oilfield Services

NJ Oilfield Services is a leading energy company specializing in the exploration, production, and distribution of oil and natural gas. With a commitment to sustainability and innovation, NJ Oilfield Services operates globally, striving to meet the world's growing energy demands while adhering to the highest environmental and safety standards. Visit https://njoilfieldservices.com to learn more.