OGDCL slashes LPG prices by Rs22 per kilo as summers kick in
According to the OGDCL notification released to that effect, the price cut translates to an Rs258 decrease in domestic cylinder prices
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OGDCL
Oil and Gas development company (OGDCL) is an oil and gas supplying company of the country which explores, drills, refine, distribute it in the whole country. The company was founded on April 4th 1961 before OGDCL these exploration and other task were being conducted by Pakistan Petroleum Limited (PPL) and Pakistan oilfields limited (POL).
Company aims to become the leading oil and gas supplying corporation in the region in its early days the company was name as “Oil and Gas Company” (OGDC) later in 1997 it was incorporated as a public limited company and named Oil and Gas Development Company Limited where government holds the 74% stake in the company and 26% are held by private investors.
OGDCL discovers gas, condensate reserves in Hyderabad
The OGDCL as the operator (95 percent) and Government Holding (Private) Limited (5%) has discovered gas and condensate from its exploratory well Sial-1, which is located in district Hyderabad, Sindh province.
New gas reserves found in Pakistan, announces OGDCL
Based on open hole logs data, the well was tested at rate of 1.6m standard cubic feet per day of gas and 12 barrels per day condensate through 32/64” choke at well-head flowing pressure of 190 pounds per square inch.
New oil, gas reserves discovered in Pakistan, announces OGDCL
The new discovery will help the country in saving foreign reserves to a large extent.
Fed govt plans to sell shares of OGDCL, other petroleum companies
The privatization board meeting decided to sell 10 percent shares of OGDCL and PPL.
Five new oil, gas deposits discovered in Pakistan: OGDCL
The new oil and gas deposits were discovered in a month.
Man impersonating as NAB officer arrested in Islamabad
A case is registered against the fake NAB official at Aabpara police station for threatening OGDCL officials.
OGDCL gets new MD, CEO for three years
Shahid Salim Khan has been appointed for a period of three years.
OGDCL to begin drilling for shale gas in Sindh next month
Oil and Gas Development Company Limited will start drilling activities in potential areas of Sindh from December 2019.
OGDCL to begin drilling for Shale gas in Sindh by December
'The company is working to drill the first-ever unconventional Shale gas well in December at a fast track'