Tuesday, August 26, 2025

The Energy to Grow: OGDCL’s 65-Year Legacy of Nation-Building

Energy has always been central to Pakistan’s progress, powering its industries, development, and aspirations. From the early years of nation-building to the present challenges of growing demand and reliance on imports, the country’s progress has been tied closely to its ability to harness domestic resources.

Amid growing demands, the country seeks new avenues for economic diversification and unlock domestic potential. Meeting rising demand without exacerbating import dependency requires institutions that can deliver both stability and innovation.
In the country’s journey toward growth, some institutions have played a crucial role in shaping the national landscape. The Oil and Gas Development Company Limited (OGDCL), established in 1961, has played a defining role, transforming challenges into opportunities. Over the past 65 years, the company has grown into the country’s largest exploration and production (E&P) company, making critical discoveries, investing in new technologies, and contributing not only to energy security but also to wider community welfare.

The company’s early years were defined by foundational discoveries that laid the groundwork for Pakistan’s domestic energy infrastructure. In 1997, the company transformed into a public limited company. It is listed on the Pakistan Stock Exchange and the London Stock Exchange.

Today, it operates 50 oil and gas fields across Pakistan and holds more than 40% of the country’s awarded exploration acreage. The company’s daily crude oil production stands at 50,000 barrels. The company’s recent strategic interventions like electrical submersible pumps and rig-less enhancements at fields have added thousands of barrels to daily production.
The company’s seismic capabilities, acquisition crews and a supercomputing data processing center, enable it to navigate complex terrains and identify promising reserves. The company’s scale and technical reach have positioned it as a market capitalisation leader, with repeated inclusion in the Forbes Global 2000 list.

In addition to project-level involvement, OGDCL organised the Pakistan Minerals Investment Forum 2025 (PMIF25), in collaboration with the Ministry of Energy and under the aegis of the Special Investment Facilitation Council. The forum showcased the nation’s vast mineral potential and also provided global investors with a platform to explore investment opportunities in the country’s mineral landscape.

For 65 years, OGDCL’s pursuit of growth has expanded its reach, strengthened its capabilities, and set new milestones. Today, that spirit of growth is transforming the company into a future-ready energy leader — one that not only fuels Pakistan but also drives innovation, sustainability, and progress for generations to come. The energy to Grow.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles