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. Integrated upstream operations, an increase in working capital and a large asset base strengthened the company’s operations, even as overdependence on a limited number of customers is a cause for concern. Strategic agreements, increasing demand for oil and strategic acquisition could provide ample growth opportunities to OGDCL. However, fluctuating oil and gas prices, competition and exploration, production and development risks could affect its operations.
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