OGDCL Archives - Page 2 of 9

OGDCL suffers 16% fall in net profit in second quarter of FY26

February 23, 2026February 23, 2026Shahnawaz Akhter

Karachi, February 23, 2026 – Oil and Gas Development Company Limited (OGDCL) on Monday reported a 16% year-on-year decline in net profit for the second quarter of fiscal year 2026, primarily due to lower gas production, rising operating costs, and higher exploration expenses.

OGDCL discovers gas and condensate at Tando Allah Yar, Sindh

February 19, 2026February 19, 2026Hamza Shahnawaz

Islamabad, February 19, 2026 — Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has announced a significant gas and condensate discovery at its Dars West-3 well in Tando Allah Yar, Sindh.

OGDCL significantly boosts oil production at Kal Field after workover

February 16, 2026February 16, 2026Faisal Shahnawaz

Karachi, February 16, 2026 – The Oil and Gas Development Company Limited (OGDCL) announced a major enhancement in oil production at its Kal Field in District Chakwal, marking a significant achievement in its ongoing production optimization program.

OGDCL announces major oil and gas discovery in Khyber Pakhtunkhwa, Pakistan

January 20, 2026January 20, 2026Faisal Shahnawaz

Karachi, January 20, 2026 – Oil and Gas Development Company Limited (OGDCL) has confirmed a significant oil and gas discovery in Pakistan’s Khyber Pakhtunkhwa province, marking a major boost to the country’s indigenous energy resources.

OGDCL announces major oil and gas discovery in Kohat, Khyber Pakhtunkhwa

January 1, 2026January 1, 2026Faisal Shahnawaz

Karachi, January 1, 2026 – The Oil and Gas Development Company Limited (OGDCL) has announced a significant oil and gas discovery in District Kohat, Khyber Pakhtunkhwa (KPK), strengthening Pakistan’s domestic energy resource base.

OGDCL confirms first oil and gas discovery in Nashpa Block

December 10, 2025December 10, 2025Faisal Shahnawaz

Karachi, December 10, 2025 – The Oil and Gas Development Company Limited (OGDCL) announced a significant breakthrough on Wednesday, reporting its first-ever oil and gas discovery from the Kingriali Formation within the Nashpa Block. The development marks an important milestone in Pakistan’s energy exploration efforts.

OGDCL begins oil production from Pasakhi-14 Well in Hyderabad

November 14, 2025November 14, 2025Faisal Shahnawaz

Karachi, November 14, 2025 – The Oil and Gas Development Company Limited (OGDCL) announced on Friday that it has officially started oil production from its newly developed Pasakhi-14 well in Hyderabad, marking a significant addition to Pakistan’s domestic energy output.

OGDCL announces award of new offshore exploration blocks by petroleum ministry

November 13, 2025November 13, 2025Faisal Shahnawaz

Karachi, November 13, 2025 – The Oil and Gas Development Company Limited (OGDCL) on Thursday announced that the Ministry of Energy (Petroleum Division) has awarded new offshore exploration blocks to leading energy companies following a recent bidding round.

OGDCL announces commissioning of Jhal Magsi project

August 18, 2025August 18, 2025Faisal Shahnawaz

Karachi, August 18, 2025 – Oil & Gas Development Company Limited (OGDCL) is pleased to announce the successful completion and commissioning of Jhal Magsi Development Project, located in the remote region of District Jhal Magsi, Balochistan.

OGDCL secures petroleum exploration rights for seven new blocks

May 14, 2025May 14, 2025Shahnawaz Akhter

Karachi, May 14, 2025 – Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading state-owned energy company, announced on Wednesday that it has been provisionally awarded petroleum exploration rights over seven new blocks across various regions of the country.

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