Pakistan: OGDCL announces provisional award of new exploration blocks
28 Jan 2021
OGDCL participated in the competitive bidding round for exploration blocks held by the Government in January 2021 and the Directorate General of Petroleum Concessions (DGPC) has communicated provisional award of new exploration blocks to OGDCL. The blocks have been awarded on the basis of work units committed by different E&P Companies. Details of the blocks provisionally awarded to OGDCL are as follows:
The provisional awards will be formalized upon:
Approval of the acquisition by OGDCL Board of Directors;
Execution of Petroleum Concession Agreements with DGPC and necessary agreements with joint venture partners;