Oil & Gas Development Co Ltd - Company Profile
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Oil & Gas Development Co Ltd (OGDCL) is an integrated upstream oil and gas company. It explores for, develops and produces oil and gas from its assets in the provinces of Sindh, Punjab, Balochistan and Khyber Pakhtunkhwa (KPK) in Pakistan. It owns interests in operated and non-operated exploration licenses and mining leases. The company has equipment and an operational base, which includes drilling rigs, workover rigs, seismic data processing center, geological analysis laboratory, wireline logging unit, cementing units and data logging unit for supporting its operations. The company also operates oil and gas processing plants, and liquefied petroleum gas and sulphur recovery units. OGDCL is headquartered in Islamabad, Pakistan.
Oil & Gas Development Co Ltd premium industry data and analytics
Products and Services
Products |
---|
Natural Gas |
Liquefied Petroleum Gas (LPG) |
Crude Oil |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Oil/Gas Discovery | In March, the company discovered new oil and gas reserves at Kohat in Khyber Pakhtunkhwa, Pakistan. |
2024 | Commercial Operation | In January, the company commenced oil production from a new well in Sindh, Pakistan. |
2023 | Oil/Gas Discovery | In December, the company announced the discovery of gas and condensate in Tando Allah Yar, Sindh Province, Pakistan. |
Competitor Comparison
Key Parameters | Oil & Gas Development Co Ltd | Shell Pakistan Ltd | Pakistan Petroleum Ltd | Pakistan Oilfields Ltd | MOL Pakistan Oil & Gas Co BV |
---|---|---|---|---|---|
Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
City | Islamabad | Karachi | Karachi | Rawalpindi | Islamabad |
No. of Employees | 11,207 | 397 | 2,524 | 687 | 500 |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Zafar Masud | Chairman | Executive Board | 2021 | - |
Ahmed Hayat Lak | Chief Executive Officer; Managing Director | Executive Board | 2023 | - |
Muhammad Anas Farook | Chief Financial Officer | Senior Management | - | - |
Kamran Yusuf Shami | Chief Information Officer | Senior Management | 2017 | - |
Zia Salahuddin | Director - Services | Executive Board | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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