The corporate name spells out what this company does. Oil & Gas Development Company Limited (or OGDCL) is Pakistan's largest oil and gas exploration and production company. OGDCL's products include gas, crude oil, and LPG. The company's exploration activities are performed both on its own and through joint ventures, some of which the company operates; OGDCL explores both within and outside of Pakistan, as well as offshore. It accounts for 45% of Pakistan's oil reserves and 35% of the country's natural gas reserves. Total proved reserves in 2009 stood at 625 million barrels of oil equivalent. OGDCL was founded by Pakistan's government in 1961. In 2009 the government owned 85% of the company.
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Essential information for a successful call
EMPLOYEES (All Sites)
- ASSETS (MIL USD) 5,361
REVENUE (MIL USD)
- TICKER SYMBOL OGDC
- Year Started 1961
- Incorporated 1997
- FISCAL YEAR END JUN
Get in Touch with 15 Principals*
Qamar Javaid SharifChairperson
Naseem AhmadManaging Director and Chief Executive Officer
Naveed Kamran BalochDirector
Capt (R) Fazeel AsgharDirector