Pakistan Petroleum Ltd - Company Profile
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Pakistan Petroleum Ltd (PPL) is amidstream and upstream oil and gas company. It explores, develops, and produces crude oil and natural gas. The company operates producing fields of Sui, Adhi, Kandhkot, Mazarani, Chachar, Hala, and Gambat South. The company has revenue generation from partner-operated producing fields such as Qadirpur, Kirthar, Tal, Sawan, Nashpa, and Latif. PPL has operations in exploration assets in Iraq and Yemen. It executes projects through Bolan Mining Enterprise (BME), which is a joint venture with the Government of Balochistan for extracting mineral resources in the state. PPL is headquartered in Karachi, Sindh, Pakistan.
Pakistan Petroleum Ltd premium industry data and analytics
Products and Services
Products |
---|
Crude Oil |
Condensate |
Natural Gas |
XYZ |
XYZ |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2024 | Contracts/Agreements | In March, the company signed a memorandum of understanding with the Frontier Works Organization for the EL 207 Project in Eastern Chagai, Balochistan, Pakistan. |
2023 | Oil/Gas Discovery | In November, the company along with joint venture partners Mari Petroleum Company Limited, Sindh Energy Holding Company Limited and Government Holdings (Private) Limited made a gas and condensate discovery at exploration well Jhim East X-1 in District Sujawal, Sindh. |
2023 | Commercial Operation | In November, the company commenced production from Adhi South-6. |
Competitor Comparison
Key Parameters | Pakistan Petroleum Ltd | Oil & Gas Development Co Ltd | Mari Petroleum Co Ltd | Hascol Petroleum Ltd | Pak-Arab Refinery Ltd |
---|---|---|---|---|---|
Headquarters | Pakistan | Pakistan | Pakistan | Pakistan | Pakistan |
City | Karachi | Islamabad | Islamabad | Karachi | Karachi |
State/Province | - | - | - | - | Sindh |
No. of Employees | 2,524 | 11,207 | 1,618 | 283 | - |
Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Shahab Rizvi | Chairman | Executive Board | 2020 | - |
Imran Abbasy | Chief Executive Officer; Managing Director; Director | Executive Board | 2022 | - |
Mohammad Khalid Rehman | Chief Financial Officer; Deputy Managing Director | Senior Management | 2022 | - |
Sikandar Ali Memon | Chief Operating Officer | Senior Management | 2023 | - |
Ali Jaffar | Director; Secretary | 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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