Pakistan plans offshore oil exploration after 20 years
Pakistan will launch offshore oil and gas exploration later this year for the first time in nearly two decades, Petroleum Minister Ali Pervaiz Malik said on Tuesday, as the government…
Pakistan: OGDCL starts production from Bobi Deep-1 at 2,000 bpd in Sindh
Company says 1.5 km flowline enabled early production from Sanghar discovery; AKD Securities estimates annualised earnings impact of Rs1.19 per share on FY27 EPS The Oil & Gas Development Company…
SOEs propose Rs451.316bn investment outlay
Federal state-owned enterprises (SOEs) have proposed an investment outlay of Rs 451.316 billion for the upcoming fiscal year 2026-27. According to budget documents available with Business Recorder, the Petroleum Division…
OGDC unveils dual-track strategy for growth and renewable transition
OGDC leads Pakistan’s oil and gas sector in reserves, output, and exploration acreage Ahmed Hayat Lak, Managing Director and CEO of OGDC As Pakistan’s largest oil and gas company, OGDC…
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Pakistan: OGDCL announces major hydrocarbon discovery in Sindh
Oil & Gas Development Company Limited (OGDCL), the largest exploration and production (E&P) company in Pakistan, has announced a significant gas and condensate discovery at its Bitrism East-1 well, located…