The pioneer of the natural gas industry in the country, Pakistan Petroleum Limited (PPL) has been a frontline player in the energy sector since the mid-1950s. As a major supplier of natural gas, PPL today contributes some 25 percent of the country's total natural gas supplies besides producing crude oil, Natural Gas Liquid and Liquefied Petroleum Gas. The company's history can be traced back to the establishment of a public limited company in June 1950, with major shareholding by Burmah Oil Company (BOC) of the United Kingdom. In September 1997, BOC disinvested from the Exploration and Production (E&P) sector worldwide and sold its equity in PPL to the Government of Pakistan. The Vision is to maintain Pakistan Petroleum Limited's position as the premier producer of hydrocarbons in the country by exploiting conventional and unconventional oil and gas resources, resulting in value addition to shareholders investment and the nation as a whole. The Mission is to sustain long-term growth by pursuing an aggressive hydrocarbons exploration and production optimization programme in the most efficient manner through a team of professionals utilizing the latest developments in technology while ensuring that quality is an integral part of all operations and maintaining the highest standards of health, safety and environment protection and addressing community development needs.
The Company has been formed to be the "Flagship local service provider with Superior Service Quality, HS & E and Technology Solutions in Well Testing and Well Intervention services addressing the market demand of today and beyond.It is an indigenous answer to local needs. Backed by Eastern Group for Energy Services, Eastern Testing Service shares the vision of achieving excellence in providing safe and effective solutions to the Oil adressing the market demand today and for future growth.An indigenous answer to local needs.
The Hungarian Oil & Gas Company Plc (MOL Rt.) was founded in 1991, and that alone represents a milestone in the history of the Hungarian petroleum industry. It is not only a company that embraces the entire Hungarian petroleum industry, but one that has grown into one of the largest multinational corporations in Central Europe. The Exploration and Production segment has diverse portfolio with oil and gas exploration activities in 13 countries and producing assets in 7 countries. MOL Group's SPE 2P reserves reached 619 MMboe (as of 31 December 2010), while hydrocarbon production amounted to 143.5 Mboe/day in 2010. MOL Group has more than seven decades of oil and gas industry experience in the CEE region and a 20+ year international presence. We have recorded several discoveries in Hungary, Russia, Pakistan, Syria, the Kurdistan Region of Iraq, Egypt and Kazakhstan in recent years. The activities of the Gas and Power division enables MOL to take full advantage of the synergies among the supply and trading of crude oil, gas, power, CO2 and other. Our Group is an active participant in the gas storage business again, as the gas storage facility of MMBF Ltd. has finished the first year of its successful operation in 2010. MOL is analysing the opportunity to create a diversified generation portfolio. MOL Pakistan, a fully owned subsidiary of the MOL Group (www.molgroup.hu) registered in Netherlands has been working in Pakistan since 1999. MOL Pakistan is always on the look for further investment opportunities in Exploration and Production (E & P) sector of Pakistan through involvement in further Exploration Blocks and acquisition of state owned upstream/downstream opportunities available for privatization. MOL Pakistan sincerely believes that its E & P skill inventory gathered over the period of time can positively contribute towards the self-sustainability of Pakistan's energy needs.
Founded in 1994, LMKR is a petroleum technology company with an extensive solutions portfolio that includes reservoir-centric interpretation, modeling and analytics software, mobile technology solutions, E&P data services as well as geoscience and information management consulting solutions - all focused towards lowering the risk associated with exploration and production of conventional and unconventional resource plays. LMKR is a technology provider of software and services for the oil and gas industry. The LMKR core competence is innovation around petroleum E&P data management, consultancy services, software solutions and training. From the beginning, LMKR has been dedicated to providing high quality services. LMKR provides mobile technology solutions, data services, geoscience and data management consulting solutions to oil and gas operators, geoscientists and investors in order to lower the risk associated with unconventional oil and gas, exploration and production. The customer base includes: multinationals, national oil companies, government E&P ministries, independent oil companies, service companies and consultancies. LMKR is committed to the vision of providing unconventional solutions around reservoir-centric interpretation, modeling and analytics that can be shared anytime, anywhere with fit-for-purpose technologies. The LMKR GeoGraphix Discovery Suite is the industry's most complete and integrated Windows-based geology and geophysical integrated system. Currently, LMKR services more than 22 countries and is headquartered in Dubai, U.A.E. with an ever increasing employee base of more than 600 globally.
United Energy Pakistan Limited (UEPL) assumed control of oil and gas exploration and production assets managed by BP Pakistan in September, 2011. The Company focuses primarily on exploration and production taking care of the whole process, from the first assessment of the site to the first production of oil and gas. All our operations are based in province Sindh, with the concession boundary starting 100 km to the east of Karachi. We work in an area that spans eight districts in Sindh province which are Badin, Tando Mohammad Khan, Tando Allahyar, Thatta, Hyderabad (rural), Matiari, Sanghar and Mirpurkhas. These assets consist of nine producing and exploration blocks in Sindh province and four offshore exploration blocks in the Arabian Sea. Recently the Company also won bids for two new exploration blocks, Digri and Sanghar South, which lie adjacent to UEP's Mirpurkhas Khipro concession areas. This translates to an onshore footprint of more than 10,000 square kilometres and the largest offshore acreage given to any single exploration and production company in Pakistan so far, situated 250 km south of Karachi in ultra deep waters. Our offices are located in Karachi and Islamabad. We also have field offices in Badin and Matiari districts.
OMV started operating in Pakistan in 1991 and based on successful exploration, has developed into one of the largest foreign gas producer with a 13% market share. Currently OMV holds two Development and Production Licences in Sawan and Miano fields and is producing from the Latif and Tajjal fields on an Extended Well Testing scheme. The country offers excellent growth potential supported by a good business environment and prospective as well as underexplored acreage. OMV holds an important exploration portfolio with 7 operated and non operated blocks. As of July 11, 2011, OMV purchased the entire share capital of Petronas Carigali (Pakistan) Ltd, which is Petronas Exploration and Production (E&P) operating entity in Pakistan. With the completion of the share and change of control transaction, OMV increases its production by about 1,000 boe/d to 15,000 boe/d. Through the strong growth potential of the acquisition of the Mubarak and Mehar exploration licenses as well as the Mehar and Mubarak development and production leases in the Indus Basin in central Pakistan, OMV gains a strong strategic position within the E&P portfolio and will help OMV reach its long-term growth objectives. In Pakistan, new expertise on operating and processing gas at plants has been maintained at optimum level with an excellent reputation in terms of efficiency and reliability. Since the activities are located in the desert, Pakistan poses a particularly difficult challenge for man, technology and the environment. OMV is focusing on technologies that result in a minimum footprint in the area. At the same time, optimum use of drilling bits and the mud system has improved the drilling speed, which accounts for the company's reputation of being the fastest driller in Middle Indus. In production, high-temperature technology and materials for high-rate gas wells are utilized. To avoid costly sand control installations, special sand management techniques have been developed and implemented. To identify stratigraphic traps, OMV uses the latest cutting-edge technology in seismic processing and imaging. Many of the key skills developed in Pakistan are now used elsewhere in the global portfolio, in particular through international assignment of many of its Pakistani staff.
Prior to OGDCL's emergence, exploration activities in the country were carried out by Pakistan Petroleum Ltd. (PPL) and Pakistan Oilfields Ltd. (POL). In 1952, PPL discovered a giant gas field at Sui in Balochistan. This discovery generated immense interest in exploration and five major foreign oil companies entered into concession agreements with the Government. Prior to 23 October 1997, OGDCL was a statutory Corporation, and was known as OGDC (Oil & Gas Development Corporation). It has been incorporated as a Public Limited Company w.e.f. 23 October 1997 and is now known as OGDCL (Oil & Gas Development Company Ltd.). The Mission is to become the leading provider of oil and gas to the country by increasing exploration and production both domestically and internationally, utilizing all options including strategic alliances.
Schlumberger is the leading oilfield services provider, trusted to deliver superior results and improved E&P performance for oil and gas companies around the world. Through our well site operations and in our research and engineering facilities, we are working to develop products, services and solutions that optimize customer performance in a safe and environmentally sound manner. Knowledge, technical innovation and teamwork are at the center of who we are. For more than 80 years, we have focused on leveraging these assets to deliver solutions that improve customer performance. Today, our real-time technology services and solutions enable customers to translate acquired data into useful information, then transform this information into knowledge for improved decision making-anytime, anywhere. Harnessing information technology in this way offers enormous opportunities to enhance efficiency and productivity. This is a quantum leap from providing traditional 'just-in-case' information to delivering 'just-in-time' knowledge that meets the changing needs of our customers.
It started in a small town called Tullow, about 35 miles south of Dublin, Ireland. In the 80s there were loads of companies starting off in the North Sea and Irish Celtic Sea. I was talking to a friend of mine in the bank one day and he was talking about small oil fields in Africa, which had been left behind by the majors and had no-one to work them. That is where the idea came from. I contacted another friend of mine in the World Bank who told me about a project in Senegal. They had some small gas fields that they were trying to get people to develop, so I setup Tullow Oil to rework those old fields. I knew nothing about the oil and gas industry at the time, which made it more challenging. No one thought Tullow would succeed because of my lack of knowledge of the industry, no major backers and I was starting a company in a country with no oil industry.
Weatherford International Ltd. (NYSE / Euronext Paris / SIX:WFT) is one of the largest global providers of advanced products and services that span the drilling, evaluation, completion, production and intervention cycles of oil and natural gas wells. Weatherford employs more than 50,000 employees worldwide, operates in more than 100 countries to include 125 globally distributed manufacturing facilities supporting 900 service bases and 16 technology development and training facilities. Weatherford International Ltd. (NYSE:WFT) is an oilfield service and equipment company dedicated to helping clients maximize the value of their oil and gas assets. We serve the global exploration and production industry with an exceptional breadth of products and services that span a well's life cycle, encompassing drilling, evaluation, completion, production and intervention. A multinational organization, we are committed to pursuing the highest standards of excellence in all of our business processes and partnerships. We provide a common safety culture, performance management and quality system across all product/service lines and geographies. We also are dedicated to benefiting the local communities in which we operate by participating in programs and initiatives that positively impact the local economy.
Dewan Petroleum (Pvt.) Limited ("DPL") is a Pakistani exploration and production company which is operating the Salsabil gas field in the Safed Koh Block, Punjab.
New Horizon Exploration and Production Limited is a young Pakistani E&P company, with a highly qualified and western trained team of professionals. The company's systems and processes have been modeled after the western based E&P companies. NHEPL strives to be a highly professional and technical company. NHEPL is registered in the province of Sindh and started its operations on 16 October 2006. NHEPL was awarded its first exploration license, Kunri Block, by the Government of Pakistan on June 5, 2007 and the second exploration license, Jherruck Block, on January 31, 2008. In both licenses, NHEPL is joined by multinational joint ventures partners like Pakistan Petroleum Limited (PPL) and Kuwait Energy Company (KEC) . NHEPL has acquired substantial 2D data and have conducted high quality technical evaluations of both blocks in a safe manner. NHEPL has identified several prospective drilling at Jherruck and Kunri. The company has drilled two wells to data with a gas discovery in one of them. Plans exist to acquire additional exploration blocks in the near future. NHEPL continues to strive to make contribution both as an operator and non-operator in the hydrocarbon exploration and development industry.
Saxon is a privately owned company held jointly by Schlumberger Ltd (the world's largest oilfield services provider) and First Reserve Corporation (the largest oilfield private equity organization). Saxon began in 2005 with nine rigs (two drilling and seven workover) in a single market - Ecuador. Since then Saxon has transformed into a truly international drilling company with a fleet of 98 rigs (81 drilling and 17 workover) and expanded to over 2,700 employees within twelve additional countries by way of acquisition and organic growth. Saxon is currently operating in North America, South America, Middle East, South Asia and Australia. In Pakistan Saxon has a fleet of four rigs which includes one (1) 2,500 HP rig, two (2) 2,000 HP rigs and one (1) 1,200 HP rig.
The idea of forming Government Holdings (Private) Limited was envisaged in 1994 Petroleum Policy. It was demand of the oil and gas that regulator functions relating to petroleum concessions should be separated from the joint venture partnership and these functions be formed through an independent company. Formation of such company was approves by the Cabinet of Ministers in 1997. The company was incorporated in January, 2000 under the companies ordinance 1984 and commenced its operations in November, 2000. GHPL to be a small, highly professional company that would efficiently manage GOP working interest in upstream Petroleum Joint Ventures. The company would endeavor to ensure maximum rate of return on the investments.
Frontier Holdings Limited operates as an oil and gas exploration company. Its oil and gas interests in Asia include an interest in a development and production lease covering a gas field, and an interest in exploration blocks. The company is based in Bermuda. Frontier Holdings Limited operates as a subsidiary of Loon Energy, Inc. and Nemmoco Petroleum Limited. As per the transaction announced of April 18, 2006, Frontier Holdings Limited is a subsidiary of Jura Energy Corporation.
MND the largest company in the Czech Republic specializing in exploring, searching, and extracting crude oil and natural gas in the Czech Republic as well as abroad and building and operating underground gas storage facilities. We continue with our activities in more than 90-year tradition of oil and natural gas production on the territory of South Moravia. The first successful wells and oil production dated back to around the year 1915 in the area of so-called Vienna basin. This area even nowadays stands for the largest territory with oil and natural gas reserves in the Czech Republic.
Mari Gas Company Limited is one of Pakistan's largest E&P Company operating the country's 2nd largest gas reservoir at Mari Field, District Ghotki, Sindh. The Shares of the Company are quoted on all the Stock Exchanges of Pakistan. The Company is primarily engaged in Exploration, development and Production of hydrocarbon potentials (Natural gas, Crude oil, Condensate & LPG) in the country. MGCL is also exploring opportunities of expanding its business to become a player in the International hydrocarbon Market. We focus on perfecting our start by improving field service efficiencies, containing operating costs, and by making the most of the resources available to us. We strive for a winning finish by promoting energy conservation, practicing social responsibility, exploiting new energy resources, and above all creating value for our stakeholders.
Baker Hughes Incorporated (NYSE: BHI) creates value from oil and gas reservoirs with high-performance drilling, evaluation, completions and production technology and services, integrated operations and reservoir consulting. Our solutions are designed to lower costs, reduce risk or improve productivity for the global oil and gas industry. Baker Hughes was formed in 1987 with the merger of Baker International and Hughes Tool Company-both founded over 100 years ago when R.C. Baker and Howard Hughes, Sr. conceived ground-breaking inventions that revolutionized the fledgling petroleum era. Since those earliest advancements, we've never stopped searching for solutions to conquer the next frontier.
Geofizyka Krakow means permanent development. We are a Polish company which conquers international markets and works in several countries: Libya, Pakistan, Turkey, Austria, Hungary, Czech and the Slovak Republic. We offer our services to biggest oil & gas companies: OMV, Eni, Hydro, MOL and many others. Working for the best, we have to be the best ourselves. Geofizyka Krakow is a modern geophysical contractor, helping its clients to successfully explore hydrocarbon and geothermal water deposits, as well as monitor natural resources reservoirs throughout the world. We map the world's basins using the latest technology and highest qualified staff. The vision of Geofizyka Krakow is to reach the highest working standards on the modern geophysical market. We will owe a success to flexible operations and understanding of clients' needs.
Established by its parent company KPC, KUFPEC is an international oil company, engaged in exploration, development and production of crude oil and natural gas outside Kuwait, active in Africa, Middle East, Asia, and Australia. KUFPEC participates in joint ventures with similar companies in E&P of Oil and Gas both as an operator and partner. KUFPEC's mission is to increase the value of the Company to the State of Kuwait and shareholders by profitably exploring for and producing hydrocarbons. KUFPEC's vision is to become one of the major contributors to the income of the State of Kuwait and shareholders by maintaining an average long-term rate of return greater than that offered by other shareholders investment opportunities.
Petroleum Exploration (Pvt) Limited (PEL), has a number of exploration licences, development & production leases. It is producing 40 MMCFD of gas from two of its concessions. PEL's development & production leases and exploration licences indicated below, speak of its credentials, expertise and financial soundness. PEL is committed to invest over US $ 300 Millions in collaboration with its joint venture partners on the exploration in the concession areas. It has planned to drill 31 wells in three years. The work programme includes drilling of 13 exploration & development wells in 2007, 14 wells in 2008 and 4 wells in 2009. Petroleum Exploration (Pvt) Ltd is the first private sector company in Pakistan that is venturing in the realm of offshore exploration, after it was awarded three Offshore Exploration Lincences. These three blocks are "Indus Offshore J, O & P" located in deep waters of Arabian Sea, in the Exclusive Economic Zone of Pakistan.