OGDCL signs PCAs for five new exploration blocks

Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company on Thursday signed Petroleum Concession Agreements (PCAs) for five new exploration blocks awarded in the bidding round held on April 30, 2025. The signing ceremony for the blocks was held at the Ministry of Energy (Petroleum Division) in Islamabad. The provisional awards had been announced earlier, following the competitive bidding round. Under the awards, OGDCL will serve as operator in three blocks and participate as a non-operating JV partner in two blocks. OGDCL will operate the Kalat North Block with a 75 percent working interest, in partnership with Prime (25 percent). The block covers parts of Nushki, Mastung, Kharan and Kalat districts of Balochistan.