OGDCL Official

OGDCL’s Cohort I of Leadership Excellence Programme Concludes at LUMS The Cohort I of 'The Learning Odyssey: Leadership Excellence Programme' for OGDCL has successfully concluded its intensive 14-day programme at the Rausing Executive Development Center, LUMS. Designed to foster advanced managerial and strategic competencies, the programme covered an extensive range of areas including decision-making dynamics, design thinking, project management, and the philosophical foundations of effective communication. Through this initiative, OGDCL aims to enable its professionals to lead complex projects and make strategic decisions with heightened proficiency. #OGDCL #LUMS #LeadershipExcellence #ProjectManagement

OGDCL Announces Financial Results The Board of Directors of OGDCL on Friday announced the financial results for the quarter ended September 30, 2024. The company reported net sales revenue of Rs. 106.01 billion, with a profit after tax of Rs. 41.019 billion, translating to earnings per share (EPS) of Rs. 9.54. The Board announced a first interim cash dividend of Rs. 3.00 per share (30%) for the quarter ended September 30, 2024. Additionally, an increase in finance and other income by Rs. 9.476 billion over 1Q 2023-24 positively impacted the company’s financials. The current quarter’s collection stood at 121% against billing. OGDCL’s financial performance was, however, impacted by a final tax payment of Rs. 9.498 billion on bonus shares issued by MPCL. Additionally, forced production curtailments by SNGPL and UPL, with a financial impact of Rs. 5.230 billion, contributed to lower profitability, together negatively affecting EPS by Rs. 3.42. OGDCL contributed Rs. 42.09 billion to the national exchequer through taxes, dividends, and royalties. During the reporting period, the company's exploration efforts yielded two gas condensate discoveries in Punjab and Sindh. #OGDCL #FinancialResults #Revenue #Oil&Gas #EnergySecurity

Chairman of the Board of Directors, OGDCL, Mr. Zafar Masud, chairs the 27th Annual General Meeting (AGM) for shareholders on Friday for the financial year 2023-24 at the OGDCL Head Office in Islamabad. MD/CEO OGDCL, Mr. Ahmed Hayat Lak, along with other board members, senior management, and shareholders attended the meeting.

OGDCL Commences Production from Baloch-2 Well OGDCL has announced the commencement of production from its exploratory Well Baloch-2 in the Sembar formation, located in Sanghar, Sindh. The well is producing 350 barrels per day (BPD) of oil and 5 million standard cubic feet per day (MMSCFD) of gas. The production is connected to the Sinjhoro Processing Plant, with the gas being fed into the SSGCL network. OGDCL's in-house expertise played a key role in the delineation, drilling, and testing of the Baloch-2 well. The company is focused on fast-tracking exploration, drilling, and production to enhance national energy security and contribute to the country's sustainable development. #OGDCL #Oil&GasProduction ##EnergySecurity #SustainableDevelopment

OGDCL Wins Corporate Excellence Award 2024 OGDCL has won the prestigious Corporate Excellence Award 2024 in the Oil and Gas Exploration category. The award, organized by the Management Association of Pakistan (MAP), was presented to OGDCL in recognition of its exemplary management practices and commitment to operational excellence. The award was received by Mr. Javed Raza Soomro, General Manager (Production) at OGDCL, at a ceremony held today in Karachi. The ceremony was graced by Chief Minister Sindh Murad Ali Shah and Governor Khyber Pakhtunkhwa Faisal Karim Kundi, who presented the award. #CorporateExcellenceAward2024 #OGDCL #Innovation #OperationalExcellence #Leadership

OGDCL Announces Gas Discovery in Khairpur, Sindh OGDCL has announced a significant gas discovery at the Shahu-1 exploratory well in the Sawan South Block, located in Khairpur, Sindh. The Joint Venture for the block comprises OGDCL with a 20% working interest, United Energy Pakistan Limited (UEPL) with 75%, Government Holding Private Limited (GHPL) with 2.5%, and Sindh Energy Holding Limited (SEHL) with 2.5%. The Shahu-1 well is estimated to produce around 10 Million Standard Cubic Feet per Day (MMSCFD) of gas. The discovery has de-risked further exploration play in the Sawan South Block and will play a crucial role in boosting the country’s energy security through indigenous resources and adding to the hydrocarbon reserves base. OGDCL is committed to contributing to enhancing Pakistan's domestic energy production. #OGDCL #EnergySecurity #GasDiscovery #SawanSouthBlock #Pakistan #HydrocarbonReserves

OGDCL Selects 68 Employees to Perform Hajj and Umrah OGDCL has selected 68 employees through a transparent balloting process to perform Hajj and Umrah in 2025 under the company's Hajj and Umrah Sponsorship Scheme. Of the selected employees, 56 will perform Hajj and 12 will perform Umrah pilgrimage, with all expenses covered by OGDCL. MD/CEO OGDCL, Mr. Ahmed Hayat Lak, announced the names of the selected employees. The balloting process included employees from OGDCL offices across Pakistan, ensuring equal opportunities for all. #Hajj2025 #Umrah #OGDCL #Employees #Hajj&Umrah

OGDCL Concludes 15th Cohort of LEAP Program OGDCL concluded the 15th cohort of its Learning Excellence for Accelerated Progression (LEAP) program in partnership with IBA. This intensive two-week training equipped 30 officers of OGDCL with advanced leadership and problem-solving skills through dynamic, hands-on sessions. Participants gained critical insights and strategies to confidently lead and drive future organizational success. Since August 2023, LEAP has trained over 450 OGDCL professionals, reinforcing the company's commitment to leadership excellence. #OGDCL #LEAPProgram #LeadershipExcellence #ProfessionalGrowth #IBA #LeadershipDevelopment

Furthering its Diversity, Equity and Inclusion policy and ensuring women's empowerment, OGDCL launches Management Trainee Program for female graduates. Interested candidates can apply online through the prescribed application form available at https://lnkd.in/d5kja5EX The deadline for online submission of applications is October 21, 2024. #OGDCL #Diversity&Inclusion #WomenInEnergy #CareerOpportunities #ManagementTraineeProgram

OGDCL Defeat Ghani Glass in President's Trophy One Day Tournament OGDCL team outperformed the Ghani Glass team in the President's Trophy One Day Tournament, successfully chasing down a target of 253 runs. After winning the toss, OGDCL opted to field first, restricting Ghani Glass to 252 runs for the loss of 9 wickets in their allotted 50 overs. Shadab Khan led the charge for Ghani Glass with a commendable 81 runs off 73 balls. OGDCL's bowlers displayed a disciplined performance, with Sarwar Afridi shining with figures of 2 wickets for 36 runs in 10 overs. Asif Afridi also contributed with a crucial wicket, finishing with 1 for 37 in his 10 overs, while Aamir Khan, Aamer Yamin, and Muhammad Umar each claimed 1 wicket. In response, OGDCL's batting lineup showcased resilience and skill. Hamza Waheed top-scored with 73 runs off 93 balls, while captain Adil Amin contributed significantly with a brisk 57 runs off 58 balls. Asif Afridi added valuable runs with a quick-fire 26 off 12 deliveries, guiding the team to a successful chase. Asif Afridi was declared Man of the Match. #OGDCL #President'sTrophyOneDayTournament #ShadabKhan