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.
Headquarters
Pakistan
Address
Ogdcl House, Plot No.3, Jinnah Avenue, Blue Area, Islamabad, 44000
Website
www.ogdcl.com
Telephone
92 51 9209811
No of Employees
11,207
Industry
Energy and Utilities
Ticker Symbol & Exchange
OGDC (PSX)
Revenue (2022)
$2.0B
23.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
67.9%
(2022 vs 2021)
Market Cap*
$2.0B
Net Profit Margin (2022)
XYZ
36.2%
(2022 vs 2021)
* As of and is in US$
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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