OGDCL Partners with LUMS to Establish CleanTech/EnergyTech Grant
Oil and Gas Development Company Limited (OGDCL) has awarded the LUMS Centre for Entrepreneurship (LCE) a Cleantech/EnergyTech Grant to establish a dedicated space within its co-working facility. This initiative aims to support start-ups focused on cleantech and sustainable energy solutions, fostering innovation to tackle local and global climate challenges.
Mehfooz
OGDCL, ISGS agree to collaborate for SUGS project
The Oil and Gas Development Company Limited (OGDCL) and Inter-State Gas Systems (Private) Limited (ISGS) have agreed to collaborate for the development of the Strategic Underground Gas Storage (SUGS) project to address the challenge of surplus gas management in Pakistan.
Adil Aziz
OGDCL earns Rs.123.296 billion profit in first half of FY 2023-24
Oil and Gas Development Company Limited (OGDCL) announced the financial results for the first half of the current fiscal year ended on December 31, 2023 (July-December), posting a profit of Rs123.296 billion.
Four Exploration Companies will be investing over USD 33.3 Million
PPL, OGDCL, POL and UEP have taken exploration licenses of eight blocks to discover hydrocarbon reserves in three years
OGDCL revives Jhal Magsi gas project
In a significant move towards meeting the country’s growing energy demands, Oil and Gas Development Company Limited (OGDCL), the leading exploration and production company in Pakistan, has revived Jhal Magsi gas project. The state-of-the-art gas processing plant, with a daily capacity to produce 13.7 MMSCF process gas and 45 BBL/day condensate, will mitigate escalating energy…
OGDCL partners with TCF to promote quality education in Pakistan
Under its Corporate Social Responsibility Program, the Oil and Gas Development Company Limited (OGDCL) signed a Memorandum of Understanding (MOU) with The Citizens Foundation (TCF) here to promote quality education for underprivileged children in Pakistan. The MOU aims to construct and operationalize primary level schools in the OGDCL’s operational areas in collaboration with TCF, to…
OGDCL makes another oil & gas reserves recovery in Sindh
The Oil and Gas Development Company (OGDCL) announced an oil and gas discovery at the exploratory well namely Kot Nawab-1, located in Sanghar District, Sindh. “Based on the results of wireline logs interpretation, Drill Stem Test-1 in the Basal Sand has tested 125 Barrel of Oil per Day (BOPD) and 0.483 Metric Million Standard Cubic…
OGDCL carries out 221 Line-km 2D seismic surveys in 1st quarter of FY 2022-23
Oil and Gas Development Company Limited (OGDCL), during the first quarter of the current fiscal year, carried out 221 Line-km 2D and 21 Square-KM 3D seismic surveys in its various operational areas to discover hydrocarbon reserves. “The acquired 221 Line km of 2D seismic data and 21 Sq. km of 3D seismic data represents 49%…
OGDCL conducts 221 Line-km 2D seismic surveys in 1st quarter of FY 2022-23
Oil and Gas Development Company Limited (OGDCL), during the first quarter of the current fiscal year, carried out 221 Line-km 2D and 21 Square-KM 3D seismic surveys in its various operational areas to discover hydrocarbon reserves. “The acquired 221 Line km of 2D seismic data and 21 Sq. km of 3D seismic data represents 49%…
OGDCL posts Rs112.044 bln profit in third quarter of FY 2021-22
Oil and Gas Development Company Limited (OGDCL) on Thursday announced the financial results for the third quarter of the current fiscal year ended on March 31, 2022, posting a profit of Rs 112.044 billion. “Net sales revenue clocked at Rs 240.267 billion translating to profit after tax of Rs 112.044 billion and earnings per share…
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