Mari Energies Limited (MARI), a leading player in Pakistan’s oil and gas sector, is taking a bold step into the technology landscape. The company announced that it will commission a data centre with a capacity of 5 megawatts (MW) in Islamabad early next year, marking a significant diversification from its traditional energy operations. Construction is also progressing on another facility in Karachi, showcasing MARI’s strategy to blend energy expertise with cutting-edge digital infrastructure.
A Strategic Shift to Technology
MARI revealed its expansion plans during its annual general meeting, attended by representatives of Arif Habib Limited (AHL). The company highlighted its focus on technology-driven ventures as a key pillar for future growth. To spearhead this move, MARI recently incorporated two new subsidiaries: Mari Technologies, which is fully owned, and SKY47, in which MARI holds a 60% stake. These subsidiaries will manage the company’s data centre projects and other technology initiatives across Pakistan.
This strategic diversification follows a decision made last year to invest Rs10 billion, or roughly $36 million, into technology ventures. The investment aims to create secure and high-performance data centres to host critical data for public and private institutions nationwide.
Read: Security Forces Eliminate 17 India-Sponsored Terrorists
Islamabad Data Centre Leads the Way
The flagship 5MW data centre in Islamabad will be the first to come online, with operations expected to begin early next year. Engineers are working around the clock to meet the deadline and ensure the facility meets international standards for energy efficiency and data security. Meanwhile, construction in Karachi is already underway, signaling that MARI intends to quickly scale its digital presence.
According to company officials, these data centres will serve as vital infrastructure for businesses, government agencies, and global tech firms looking to establish a strong foothold in Pakistan’s fast-growing digital economy.
Strengthening Energy Reserves
Despite its pivot to technology, MARI continues to deliver strong performance in its core exploration and production (E&P) operations. AHL reported that the company added an impressive 110 million barrels of oil equivalent (BOE) to its 2P reserves in fiscal year 2025. This achievement boosted the company’s Reserve Replacement Ratio to 278%, while extending its 2P Reserve-to-Production (R/P) ratio to an impressive 20 years.
During FY25, MARI also recorded its highest-ever annual production at 39.13 million BOE, reflecting a steady 0.31% increase compared to the previous year. These numbers highlight the company’s ability to balance innovation with operational strength.
Key Discoveries at Home and Abroad
MARI’s exploration efforts delivered major breakthroughs both domestically and internationally. In Pakistan, the company made a significant discovery in the Spinwam-1 well in the Waziristan Block. This discovery opened four new horizons, adding more than 50 million BOE to its resources.
Internationally, MARI achieved three discoveries in the Abu Dhabi Block, with estimated reserves of 110 million BOE. These finds underscore MARI’s growing global footprint and its ability to compete in diverse markets. Further development plans for the Abu Dhabi reserves are expected to be finalized during the ADNOC board meeting scheduled for October 2025.
Financial Performance Faces Pressure
While operational achievements remained strong, MARI’s financial results for FY25 reflected a challenging market environment. The company reported a profit after tax (PAT) of Rs65.4 billion, down from Rs77.3 billion in FY24. The decline was primarily due to lower revenue and higher operational expenses.
Despite the dip in profit, MARI remains financially solid and well-positioned to fund its ambitious technology projects. Analysts believe the company’s investment in data centres could open new revenue streams, offsetting fluctuations in the oil and gas sector over time.
Driving Digital Growth
Industry experts view MARI’s foray into data centres as a timely move. Pakistan’s demand for secure and reliable digital storage is soaring as businesses and government agencies embrace digital transformation. By leveraging its experience in large-scale infrastructure and energy management, MARI aims to provide stable, energy-efficient facilities that can support cloud computing, artificial intelligence, and high-volume data processing.
The Islamabad and Karachi projects are expected to attract both domestic and international clients, enhancing Pakistan’s position as a regional hub for digital services. MARI’s leadership believes that combining energy expertise with technology will create long-term value and help Pakistan meet the growing need for secure data solutions.
Looking Ahead
With its Islamabad data centre set to launch next year and a Karachi facility already in progress, MARI is positioning itself at the forefront of Pakistan’s digital revolution. The company’s balanced strategy—strengthening energy reserves while investing in technology—signals a new chapter for one of the country’s most established energy players.
This dual focus ensures that MARI can adapt to changing market dynamics, support Pakistan’s technological growth, and continue to deliver value to its shareholders and customers alike.
Follow us on Instagram, YouTube, Facebook,, X and TikTok for latest updates
