Loading…

PSX · Market Intelligence

Business News

Full article and source details for this market headline.

  1. Home
  2. Business News
  3. Article
Market News

FPCL joins Mari Energies and TPOC for offshore exploration

FATIMA Fatima Fertilizer Company Limited
Rs. 155.49 -0.44%

December 04, 2025 (MLN):  Fatima Petroleum Company Limited (FPCL), a wholly-owned subsidiary of Fatima Fertilizer Company Limited (PSX:FATIMA), has entered into partnerships with Mari Energies and Turkish Petroleum Overseas Company (TPOC) for the offshore blocks named Deep C and Deep F.

According to a filing made to the Pakistan Stock Exchange (PSX), Mari Energies will operate both blocks, with FPCL and TPOC participating as joint venture partners.

Sr No.

Agreement and Block Name

Operator

Joint Venture Partners (JVPs)

1

Production Sharing Agreement Offshore Deep C Block

Mari Energies

FPCL and TPOC

2

Production Sharing Agreement Offshore Deep F Block

Mari Energies

FPCL and TPOC