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Tag: OGDCL

gas development

OGDCL Secures Two New Exploration Blocks in Sindh and Punjab

July 3, 2023May 24, 2026Shahnawaz Akhter

Karachi, July 3, 2023: The Oil and Gas Development Company Limited (OGDCL), a state-owned entity in Pakistan, announced on Monday that it has received provisional awards for two new exploration blocks in Sindh and Punjab.

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gas development

OGDCL Commences Oil and Gas Production from Wali (Bettani) Field in Khyber Pakhtunkhwa

June 15, 2023June 15, 2023Shahnawaz Akhter

Karachi, June 15, 2023 – The Oil and Gas Development Company Limited (OGDCL) has announced the successful commencement of oil and gas production from the Wali (Bettani) Field in District Lakki Marwat, Khyber Pakhtunkhwa Province.

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gas development

OGDCL, PRL sign MoU to strengthen energy sector in Pakistan

May 25, 2023May 25, 2023Faisal Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) and Pakistan Refinery Limited (PRL) have signed a Memorandum of Understanding (MoU) to establish a strategic partnership in the energy industry.

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gas development

OGDCL announces huge oil discovery at Attock

October 27, 2022October 27, 2022Faisal Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Thursday announced huge oil discovery at Attock District, Punjab Province, Pakistan. The company shared the information of oil discovery with the Pakistan Stock Exchange (PSX) and London Stock Exchange. READ MORE: OGDCL discovers gas deposits at Kohat District In its communication, the company said that OGDCL […]

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gas development

OGDCL discovers gas deposits at Kohat District

September 19, 2022September 19, 2022Hamza Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Monday announced discovery of gas deposits at district Kohat in the province of Khyber Pakhtunkhwa. The company sent a communication to the Pakistan Stock Exchange (PSX) stated that the TAL Joint Venture comprising MOL Pakistan Oil & Gas Co. B. V. (Operator), OGDCL (30 per cent […]

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gas development

OGDCL discovers gas deposits in Khyber Pakhtunkhwa

August 31, 2022August 31, 2022Faisal Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Wednesday announced discovery of gas deposits at Kohat district in the province of Khyber Pakhtunkhwa. In a communication sent to the Pakistan Stock Exchange (PSX), the company said the TAL Joint Venture comprising MOL Pakistan Oil and Gas Co. B. V. (Operator), OGDCL (30 per cent […]

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gas development

OGDCL discovers oil, gas reserves in Sindh

June 22, 2022June 22, 2022Faisal Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL), a public limited company of Pakistan with 75 percent share of the government, on Wednesday announced a discovery of oil and gas reserves in Tando Allha Yar, Sindh Province. The Joint Venture of Nim Block Comprising OGDCL as Operator (95 per cent) and Government Holdings (Private) Limited […]

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gas development

OGDCL declares over 63% net profit for 1HFY22

February 23, 2022February 23, 2022Faisal Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Wednesday announced financial results for the half year ended December 31, 2021. The company announced over 63 per cent growth in net profit to Rs69 billion for the first half (July – December) 2021/2022 as compared with Rs42.22 billion in the corresponding period of the last […]

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gas development

OGDCL declares Rs33.63 billion net profit in first quarter

October 29, 2021October 29, 2021Hamza Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Friday announced its financial result, posting a profit after tax (PAT) of Rs33.629 billion during the first quarter ended September 30, 2021. The profit of the company has surged by 44 per cent when compared with the net profit of Rs23.344 billion in the first quarter […]

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gas development

OGDCL discovers huge gas deposits in Balochistan

October 21, 2021October 21, 2021Faisal Shahnawaz

KARACHI: Oil and Gas Development Company Limited (OGDCL) on Thursday announced the discovery of huge deposits of gas reserves in the province of Balochistan. In a communication shared with Pakistan Stock Exchange (PSX) and London Stock Exchange, the company said that OGDCL, being operator of Jandran West Exploration License with 100 per cent interest, had […]

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