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. The company explores for, develops and produces oil and gas from its assets in the provinces of Sindh, Punjab, Balochistan, Skardu, Peshawar and Khyber Pakhtunkhwa (KPK) in Pakistan. It owns interests in operated and non-operated exploration licenses and mining leases. OGDCL also offers supply chain management and material management services. The company has the equipment and an operational base, which includes drilling rigs, workover rigs, a seismic data processing center, a geological analysis laboratory, a wireline logging unit, and a data logging unit for supporting its operations. The company also operates oil and gas processing plants and liquefied petroleum gas processing plant. OGDCL is headquartered in Islamabad, Sindh, Pakistan.
Headquarters
Pakistan
Address
OGDCL House, Plot No.3, Jinnah Avenue, Blue Area, Islamabad, Sindh, 44000
Website
www.ogdcl.com
Telephone
92 51 9209811
No of Employees
10,303
Industry
Energy and Utilities
Ticker Symbol & Exchange
OGDC (PSX)
Revenue (2024)
$1.4B
-13.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-18.7%
(2024 vs 2023)
Market Cap*
$5.2B
Net Profit Margin (2024)
XYZ
-6.0%
(2024 vs 2023)
* As of and is in US$
Oil & Gas Development Co Ltd premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| - | - |
| Natural Gas | Supply Chain Management |
| Liquefied Petroleum Gas (LPG) | Material Management |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Acquisitions/Mergers/Takeovers | In June, the company acquired an additional 7.99% stake in Qadirpur D&PL / Concession Area (Block 2667-1) from KUFPEC Pakistan BV. |
| 2026 | Oil/Gas Discovery | In June, the company announced the gas production from the Sahito-1 discovery well in Khairpur, Sindh, Pakistan. |
| 2026 | Oil/Gas Discovery | In June, the company discovered oil from its exploratory well, Bobi Deep-1, located in Sanghar, Sindh, Pakistan. |
Competitor Comparison
| Key Parameters | Oil & Gas Development Co Ltd | Wafi Energy 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 |
| State/Province | Sindh | - | Sindh | - | - |
| No. of Employees | 10,303 | 409 | 2,488 | 663 | 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; Director; Managing Director | Executive Board | 2023 | - |
| Muhammad Anas Farook | Chief Financial Officer | Senior Management | - | - |
| Kamran Yusuf Shami | Chief Information Officer | Senior Management | 2017 | - |
| Muhammad Aamir Salim | Director - Petroserv | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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