OGDC Signs Deal With Canada’s Synergetic Oil Tools To Boost Heavy Crude Oil Production
OGDC has partnered with Canada’s Synergetic Oil Tools to deploy Passive Energy Tool technology aimed at improving heavy crude oil production, reducing workovers, well downtime and operating costs.
OGDC Signs Agreement With Synergetic Oil Tools For Advanced Heavy Crude Oil Production Technology
Oil & Gas Development Company Limited signs agreement with Synergetic Oil Tools to deploy Passive Energy Tool technology for improving heavy crude oil production in Pakistan.
Circular Debt Settlement Schemes Unblock Capital Liquidity for State-Owned Energy Enterprises
Oil and Gas Development Company Limited secured its final Rs 7.725 billion interest payment, successfully completing a landmark Rs 92 billion debt resolution plan.
Oil And Gas Development Company Announces Nine Month Results For 2026 As Net Profit Reaches 115.26 Billion Rupees
OGDC Reports An 11 Percent Decline In Consolidated Net Profit For The Nine Months Ended March 31 2026 Despite Significant Tax Relief And Growth In Associate Profits.
Mutual Funds Shift to Debt as Equity AUMs Drop 9 Percent in February 2026
SBP and AHL data show a rotation toward safer assets in Pakistan’s mutual fund industry, with equity AUMs falling to Rs678bn while debt holdings rise.
OGDC Reports Rs73 Billion Profit in 1HFY26, Announces Record Rs7.75 Per Share Dividend
Oil & Gas Development Company Limited (OGDC) posts Rs73.019 billion profit for 1HFY26, declares record Rs7.75 per share interim dividend, reports Rs192.830 billion in revenue and expands offshore exploration footprint.
OGDC Partners with France’s SNF to Deploy Advanced Water Injection Systems at Sindh Oil Fields
OGDC has signed an agreement with French firm SNF to implement advanced Water Injection Systems at Kunnar and Pasakhi fields in Sindh, a move projected to generate $460 million in additional revenue and boost recovery rates.
VIS maintains AAA rating for OGDC with stable outlook, highlighting financial resilience and liquidity
VIS Credit Rating Company reaffirms long-term AAA and short-term A1+ ratings for Oil & Gas Development Company Limited (OGDC), underlining its financial strength, robust liquidity, and key contribution to Pakistan’s energy security and economy.
UBL Tops PSX in Market Capitalization, Becomes Largest Listed Company in Pakistan
United Bank Limited (UBL) surpasses Oil & Gas Development Company (OGDC) to become Pakistan’s largest listed company on the PSX, with market capitalization crossing Rs 1,275 billion, reflecting investor confidence in the banking sector.
OGDC FY25 Earnings: Rs170 Billion Profit Despite Falling Output and Oil Prices
Oil and Gas Development Company Limited (OGDC) posted Rs170 billion net profit in FY25, facing declining production and lower oil prices, but declared record dividends and sustained exploration efforts.