Oil and Gas Development Company Limited - OGDC

As a part of 52-week training program, @ogdclofficial Management Trainee Officers (MTOs) had their introductory one week with Exploration Directorate. From acquiring the exploration license to identifying the final drillable prospect, the MTOs gained insight into the full spectrum of OGDC's exploration process and the Company’s vision. OGDC is committed to equal opportunities, inclusive growth and developing a diverse workforce capable of contributing to the company’s long-term growth and Pakistan’s energy security. #ManagementTraineeProgramme #WomenInEnergy #GenderDiversity #DiversityEquityInclusion #deixemonordestevotar @zafar_masud

As part of the Company's strategic Learning & Development initiatives, OGDC, in collaboration with Wood Mackenzie, successfully concluded Cohort 2 of the Foundational Course under the Leadership Capability Development Program – Mining & Metals, delivered at OGDC Training in Islamabad. Building upon the successful completion of Cohort 1, program marks another step towards strengthening OGDC’s organizational capabilities in the Mining & Metals sector. The three-day program provided participants with insights into the Mining & Metals value chain, global industry trends, strategic business and portfolio planning, investment decision-making, commercial optimization, risk management, sustainability and decarbonization. Through expert-led discussions, global industry case studies and practical learning exercises, participants gained a deeper understanding of the sector’s commercial, strategic and operational dynamics. Through its continued collaboration with Wood Mackenzie, OGDC reinforces its commitment to developing specialized leadership capabilities, strengthening strategic decision-making and equipping its professionals to evaluate emerging opportunities in the Mining & Metals sector, supporting the Company's long-term business diversification objectives. #OGDC #WoodMackenzie #MiningAndMetals #LeadershipDevelopment #CapacityBuilding @zafar_masud

Oil & Gas Development Company Limited (OGDC), through OGDC Training, organized a specialized in-person training programme titled “Methane Management and MIST (Methane Inventory Systematic Tool)”, in collaboration with Carbon Limits, Norway, under the umbrella of the Oil & Gas Decarbonization Charter (OGDC). The programme brought together participants from the Charter's signatory companies in Pakistan, including Pakistan Petroleum Limited (PPL) and Mari Energies, providing a valuable platform for knowledge sharing, technical capacity building, and collaboration across the oil and gas industry. The training was facilitated by international experts Ms. Irina Semykina and Mr. Mahdi Abuhomos from Carbon Limits, Norway. The training provided comprehensive knowledge and practical insights into methane emissions management in the oil and gas sector, with a particular focus on upstream operations. The sessions covered the importance of methane emissions management and the role of the oil and gas sector in addressing methane emissions. Key topics included methane emissions estimation methodologies, measurement technologies, industry best practices, and the application of satellite-based technologies for methane detection. A dedicated technical session was also delivered on MIST, introducing participants to its application in developing comprehensive methane emissions inventories and quantifying emissions in alignment with international standards. This initiative reflects #OGDC's commitment to strengthening technical competencies, fostering industry partnerships, promoting responsible energy practices, and contributing to global efforts to reduce methane emissions and advance a sustainable, low-carbon energy future. #MethaneManagement #MethaneEmissions #MIST #OilAndGas #SustainableEnergy #ClimateAction @zafar_masud

The Pakistan Petroleum Exploration & Production Companies Association (PPEPCA) has elected Mr. Ahmed Hayat Lak, MD/CEO @ogdclofficial , as Chairman; Mr. Andrzej Kaczorowski, Managing Director of ORLEN S.A. (POGC), as Senior Vice Chairman; and Mr. Ali Murtaza Abbas, Regional Vice President of MOL Pakistan B.V., as Vice Chairman. The Executive Committee congratulated the newly elected office bearers and expressed confidence in their leadership and commitment to advancing the interests of Pakistan's E&P sector. The Committee particularly welcomed Mr. Ahmed Hayat Lak's appointment, recognizing #OGDC's position as Pakistan's largest oil and gas exploration and production company and its significant contribution to the country's energy sector. It expressed confidence that his leadership would strengthen industry representation, promote constructive engagement with government and regulatory authorities, and help address key challenges facing the sector. #PPEPCA #AhmedHayatLak #Leadership #OilAndGas #ExplorationAndProduction #EnergySecurity @zafar_masud

@ogdclofficial today reported a profit after tax of Rs 58.5 billion for the quarter ended September 30, 2026, an increase of 53% over the corresponding quarter last year. The Board of Directors, at its meeting in Islamabad, approved the financial results and declared a first interim cash dividend of Rs 5.00 per share (50%), the highest first-quarter dividend in the Company’s history, up from Rs 3.50 per share a year earlier. Net sales revenue rose 38% to Rs 132.4 billion from Rs 96.2 billion in the corresponding quarter, and profit after tax increased to Rs 58.5 billion from Rs 38.3 billion, lifting earnings per share to Rs 13.60 from Rs 8.91. The improvement was driven by higher production volumes and stronger realized prices, partly offset by continued forced production curtailments and the appreciation of the rupee against the US dollar. Collections against billings stood at 100% for the quarter. OGDC contributed Rs 82 billion to the national exchequer through taxes, dividends, royalties and levies, and its indigenous oil and gas production saved the country an estimated US$ 1.32 billion in foreign exchange through import substitution. Commenting on the results, Mr. Zafar Masud, Chairman of the Board, said: “This was a quarter of delivery: double-digit growth in oil, gas and LPG production, collections at 100% of billings, and a record first-quarter dividend for our shareholders. The Board’s decision reflects confidence in the Company’s cash generation, while preserving its capacity to invest in compression, water injection and new drilling to sustain production and to pursue new frontiers in unconventional gas, geothermal energy and critical minerals.” Production grew in all three streams. Average daily net saleable production rose 13.3% to 35,494 barrels of crude oil, 14.2% to 732 MMcf of natural gas and 10.5% to 696 tons of LPG, compared with 31,315 barrels, 641 MMcf and 630 tons, respectively, in the corresponding quarter last year. #OGDC #FinancialResults #Growth #RecordDividend #EnergySecurity #PakistanEnergy @zafar_masud

Ali Pervaiz Malik, Federal Minister for Energy (Petroleum Division), invites global investors, mining companies and industry leaders to join the Pakistan Minerals Investment Forum 2026 (PMIF26) in Islamabad. The forum will provide a platform to explore investment opportunities, promote international collaboration and advance Pakistan’s role in the global critical minerals supply chain through modern technology and responsible resource development. Jinnah Convention Centre, Islamabad 📅 12–13 November 2026 Join us in turning Pakistan’s mineral potential into progress. #PMIF26 #OGDC #PakistanMinerals #CriticalMinerals #Islamabadian @zafar_masud

Mr. Ahmed Hayat Lak, President of PMIF and MD/CEO of OGDC, invites global investors, mining leaders, policymakers and industry partners to join Pakistan Minerals Investment Forum 2026 (PMIF26) on 12–13 November in Islamabad. The forum will connect Pakistan’s vast mineral potential with global capital, expertise and technology, opening avenues for investment, collaboration and new ventures across the minerals and mining sector. Jinnah Convention Centre, Islamabad 📅 November 12–13, 2026 @zafar_masud

@ogdclofficial has ranked first among Pakistan's 104 top publicly listed companies in Transparency International Pakistan's Transparency in Corporate Reporting Assessment (TRAC) 2026, with an overall score of 92.71%. The report recognized OGDC's strong public disclosure practices across key areas of corporate governance, accountability and responsible business conduct. The company achieved an overall score of 92.71%, placing the company in the “Significantly Transparent” category. The overall average across all 104 companies was 66.73%. The Transparency International assessment evaluated how much information companies make publicly available about their policies, governance structures, and operations. OGDC’s perfect score in anti-corruption disclosures reflects the transparency of its measures in this area. The report particularly cited the company’s Code of Conduct as an example of good practice for providing employees with secure and confidential two-way communication channels to report unethical behavior. OGDC’s score of 81.25% in human rights and corporate responsibility and 75% in ESG disclosures also reflects the company's performance in the broader assessment of corporate reporting. #OGDC also scored 100% in Procurement Related to Government Contracts/Tenders, ranking first in that section. OGDC’s top ranking and performance underscored the company's commitment to comprehensive public reporting in strengthening corporate accountability and stakeholder confidence. #Transparency #CorporateGovernance #Accountability #TransparencyInternationalPakistan @zafar_masud

@ogdclofficial has commenced gas and condensate production from its Bitrism East-1 exploratory well located in Khairpur, Sindh, marking significant progress in bringing new hydrocarbon discoveries into production. The well is currently producing 7.0 million standard cubic feet of gas per day and 200 barrels of condensate per day from the Basal Sands. Production is expected to increase gradually as the well’s flow stabilises. To accelerate production from the discovery, @ogdclofficial used its in-house resources to lay a 28-kilometre, 8-inch-diameter flowline connecting the well to the Sinjhoro Plant for processing. The processed gas is now being supplied to the SSGCL network. OGDC is the operator of the Bitrism Exploration Licence with a 77.5 percent working interest, in a joint venture with GHPL, which holds the remaining 22.5 percent. #OGDC #BitrismEast1 #GasProduction #EnergySecurity #IndigenousEnergy @zafar_masud

@ogdclofficial held its 29th Annual General Meeting (AGM) on October 16, 2026, at the Company’s headquarter in Islamabad. Shareholders approved a final cash dividend of Rs. 6 per share (60%), in addition to three interim cash dividends totalling Rs. 11 per share (110%) already paid during the financial year. This brings the total annual dividend to Rs. 17 per share (170%), marking the highest-ever annual dividend in the Company’s history. The meeting was chaired by OGDC Board Chairman Mr. Zafar Masud, with the participation of MD/CEO Mr. Ahmed Hayat Lak and other members of the Board. The AGM was conducted in a hybrid format, enabling shareholders to participate both in person and through video link. Members of the Board and Management also addressed shareholders’ queries during the proceedings. The Company remains committed to operational excellence, responsible growth and strengthening Pakistan’s energy security. With a continued focus on delivering sustainable value, OGDC will pursue new opportunities, enhance its contribution to the national economy and maximise long-term returns for its shareholders. The record dividend underscores OGDC’s continued commitment to creating sustainable shareholder value while strengthening its position as a leading contributor to Pakistan’s energy sector. @zafar_masud #OGDC #AnnualGeneralMeeting #Dividend #Shareholders #PakistanEnergy

MD/CEO @ogdclofficial Ahmed Hayat Lak, accompanied by Executive Director (HR) Shahzad Safdar and other company officials, met with OGDC-sponsored students at Beaconhouse National University (BNU), Lahore, and spent time interacting with them at the OGDC-Green Experience Centre. Lak spent time interacting with the 35 OGDC-sponsored students pursuing undergraduate degrees at BNU on company-funded scholarships. The students come from OGDC’s operational districts of Dera Bugti, Jhal Magsi, Karak, Kohat, Lakki Marwat, Sanghar, Sukkur and Tando Allah Yar. The scholarship programme supports talented students from low-income families in accessing quality higher education in diverse fields, including computer science, artificial intelligence, software engineering, business intelligence and analytics, journalism and media studies, and design. During the visit, @ogdclofficial officials visited the Green Experience Centre, established at BNU as part of the company’s CSR program. The centre promotes sustainable construction through indigenous materials, local craftsmanship and environmentally responsible building techniques. Through its investment in education and sustainable development, OGDC continues to support youth empowerment, expand opportunities for communities in its operational areas and contribute to Pakistan’s long-term social and economic progress. #OGDC #Scholarships #BNU #HigherEducation #YouthEmpowerment #CommunityDevelopment #CSR @zafar_masud

@ogdclofficial has signed a contract with the Pakistan Institute of Nuclear Science and Technology (PINSTECH) for the hiring of advanced Inductively Coupled Plasma (ICP) Element Profiling and Radioactive Element Profiling services. The signing ceremony was held at OGDC Headquarters in Islamabad and was attended by MD/CEO OGDC Ahmed Hayat Lak, senior management of OGDC, and representatives of PAEC and PINSTECH. Under the agreement, #PINSTECH will carry out ICP-based elemental profiling of produced water and brine from candidate OGDC wells, quantifying lithium, rare earth elements, precious metals and radioactive elements. More than 2,000 samples will be collected from candidate wells for the presence of lithium and other rare and critical earth metals. The exercise will build a comprehensive geochemical database of OGDC's produced water, rank wells by lithium and rare earth content, and map areas of high to low concentration, providing the technical basis for evaluating the feasibility of Direct Lithium Extraction (DLE). The expanded profiling effort is aimed at turning produced water, long treated as a waste stream from oil and gas operations, into a potential source of critical minerals. The agreement comes as #OGDC expands its diversification beyond conventional hydrocarbons into minerals and new energy resources, including lithium and rare earths recovered from produced water and geothermal brines. OGDC's pilot at the Wahid Bukhsh-01 well has already identified geothermal brine containing 291 mg/L of lithium, a concentration comparable to leading geothermal-lithium brines internationally. #Lithium #RareEarthElements #CriticalMinerals #EnergySecurity #GeothermalEnergy #PAEC @zafar_masud

@ogdclofficial has welcomed the second batch of its all-female Management Trainee Officers (MTOs) Programme 2026-27, comprising 52 female graduates from diverse academic backgrounds and institutions across Pakistan. The programme reflects OGDC’s commitment to Diversity, Equity and Inclusion (DEI) and its efforts to increase the participation of women in the energy sector. A ceremony was held at the OGDC Training (Oil & Gas Training Institute – OGTI) to formally welcome the management trainees. Addressing the ceremony, MD/CEO OGDC Ahmed Hayat Lak said the trainees would contribute to OGDC’s growth journey while developing the skills required to support Pakistan’s energy security. The 52-week programme combines classroom learning, on-the-job training, field visits, departmental placements and mentorship. It is designed to provide trainees with a broad understanding of #OGDC’s operations, the oil and gas value chain and the opportunities and challenges facing the sector. The first-ever all-female batch of 36 MTOs was inducted by OGDC in July 2025. Executive Director (HR) OGDC Shahzad Safdar said OGDC had taken a deliberate approach to increasing female representation in the company. “We chose to move beyond our comfort zone and establish a dedicated all-female management training programme,” he said. @ogdclofficial is committed to equal opportunities, inclusive growth and developing a diverse workforce capable of contributing to the company’s long-term growth and Pakistan’s energy security. #ManagementTraineeProgramme #WomenInEnergy #GenderDiversity #DiversityEquityInclusion #DEI #WomenEmpowerment @zafar_masud

@ogdclofficial sponsored padel player Huzaifa, along with Huzaima, has won the Toyo Nasic Masters Padel Cup in Lahore, one of Pakistan’s leading padel tournaments. Huzaifa expressed his gratitude to @ogdclofficial for the Company's support and encouragement. The achievement reflects OGDC’s commitment to promoting sports and supporting Pakistani athletes in their pursuit of excellence. OGDC is committed to enabling talented players to compete at international events, excel on the global stage and bring recognition to Pakistan through their sporting achievements. #OGDC #OGDCSports #ToyoNasicMastersPadelCup #Huzaifa #PakistanSports @zafar_masud

@ogdclofficial is pleased to announce that @babarazam258 , Captain of the Pakistan Test Cricket Team, has joined the OGDC Cricket Team. The Company warmly welcomes Babar Azam to the @ogdclofficial family and recognises his association as a matter of pride and honour for the company and its departmental cricket team. His presence further strengthens OGDC’s commitment to promoting sports and supporting Pakistan’s sporting talent. #OGDC #BabarAzam #OGDCricketTeam #PakistanCricket #OGDCFamily #PakistanSports @zafar_masud

@ogdclofficial Training, in collaboration with a PMI® Authorized Training Partner (ATP®), successfully conducted the first phase of the PMI-RMP® (Risk Management Professional) Certification Preparation Program at the OGDC Training (OGTI - Oil and Gas Training Institute), Islamabad. Designed as a hybrid learning initiative, the program combines intensive instructor-led physical sessions with subsequent online modules to equip participants with specialised knowledge, rigorous certification preparation, and practical risk management frameworks. A total of 27 employees attended the three-day in-class training held from September 17–19, 2026. The initiative aims to strengthen practical risk management capabilities across operational functions, projects, and key business areas while preparing candidates for the globally recognised PMI-RMP® designation. The initiative reflects #OGDC’s commitment to building advanced risk management expertise and enabling employees to apply contemporary frameworks aligned with evolving industry requirements. #OGCTraining #LearningAndDevelopment #PMIRMP #RiskManagement #ProfessionalDevelopment @zafar_masud

A French delegation led by Benjamin Gallezot, Interministerial Delegate for the Supply of Strategic Minerals and Metals (DIAMMS), met with MD/CEO OGDC Ahmed Hayat Lak and discussed matters of mutual interest. Both sides also discussed French ministerial-level participation and representation at the Pakistan Minerals Investment Forum 2026 (PMIF26), scheduled for November 12-13, 2026, in Islamabad. OGDC is the founding partner of PMIF, while Ahmed Hayat Lak serves as President of the forum. PMIF26 will provide a global platform to promote investment and partnerships in Pakistan’s minerals sector, with a focus on exploration, processing and sustainable mining. Gallezot has served as France’s Interministerial Delegate for the Supply of Strategic Minerals and Metals since January 2023. He is responsible for coordinating France’s strategy to secure supplies of strategic minerals and metals. #OGDC #PMIF26 #PakistanMineralsInvestmentForum #PakistanMinerals #CriticalMinerals #France @zafar_masud

OGDC organised a talk titled “Living OGDC Values in the Light of Seerat-un-Nabi” at its headquarters in Islamabad on Tuesday. The session was conducted by Maulana Sajjad Ahmed Sheikh, who highlighted key lessons from the life and teachings of the Holy Prophet Muhammad (PBUH) and their relevance to professional conduct, integrity and organisational values. The talk aimed to promote ethical values and strengthen a culture of responsibility and excellence among OGDC employees. #OGDC #SeeratUnNabi #OGDCValues #EthicalLeadership #ProfessionalIntegrity #OrganisationalValues @zafar_masud

@ogdclofficial has announced the successful commissioning of the Lundali-1 Well located in the Sukhpur-II Block, with first gas achieved on September 6, 2026. The well is currently producing 10 million standard cubic feet per day (MMscfd) of gas. The gas is being supplied to Sui Southern Gas Company Limited (SSGC). OGDC holds a 30% working interest in the Sukhpur-II Block, while Prime Global Energies Limited operates the Block with a 25% working interest; the other joint venture partners are Mari Energies Limited (30% working interest) and Turkish Petroleum Overseas Company Limited (15% working interest). The commencement of production from the well is contributing additional indigenous gas to the national energy supply. #OGDC #Lundali1Well #GasProduction #EnergySecurity #DomesticGas @zafar_masud

On Defence Day, OGDC pays tribute to the courage, sacrifice and unwavering spirit of Pakistan’s armed forces and the nation. We honour our martyrs and salute those who continue to safeguard Pakistan with dedication and valour. Defence Day - 6 September 🇵🇰 #DefenceDay #Pakistan #6September #OGDC @zafar_masud