Top Ten Oil and Gas Companies In Islamabad | Islamabad Oil and Gas Industry

Pakistan has rich oil and gas reserves, but exploration is limited due to the lack of infrastructure. Still, this doesn’t stop multinational companies from investing in Pakistan for oil exploration. With some of the largest oil and gas reservoirs in Asia, it’s no wonder that multinationals are flocking here. The list below contains ten of the most successful oil and gas companies in Islamabad.

Oil and Gas Companies In Pakistan

Oil and Gas Industries in Islamabad

The oil and gas industries are an important part of the national economy, generating revenue for Pakistan. The country ranks as one of the top producers of natural gas in the Asia Pacific region to produce up to 100 million cubic feet per day (cfd). It also has potential reserves estimated at around 25 trillion cubic feet. Similarly, it is ranked among the top ten largest oil-producing countries, with crude petroleum production exceeding 300,000 barrels per day in recent years.

In Islamabad alone, we have a plethora of multinational companies that provide services such as exploration drilling, geophysical operations, or project management. These include big players like Schlumberger Ltd., Halliburton Co., Baker Hughes Incorporated, and Weatherford International Plc etcetera which are all world leaders in their respective fields.

Top Ten Oil and Gas Companies In Islamabad

Pakistan is rich with oil and gas reserves, but the country’s infrastructure still leaves much to be desired. In recent years, the government has taken steps to address this issue by making it easier for multinational companies to invest in exploration and drilling without having a majority shareholding of 51%. With plenty of opportunities available, this is the list of oil and gas companies in Islamabad worth following from Pakistan:

1.K-Electric Company in Islamabad

K-Electric Company in Islamabad,  oil and gas companies in islamabad
K-Electric Company in Islamabad

K-Electric is a leading provider of electricity generation, transmission, and distribution in Pakistan. The Company operates an extensive power system that has been built over the last century to meet current demand.

K-Electric supplies electric energy through its interconnected grid with around 70% load factor on average. Services include Energy Trading and Generation (including Renewable Energy), Transmission & Distribution, O&M, Customer Care, and Finance Divisions.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 5000+
  • Founded: – September 1913
  • Revenue (USD): – $1.80 billion
  • Location: – Karāchi, Pakistan
  • Website: – https://www.ke.com.pk/

2.Saudi Aramco Company In Islamabad

Saudi Aramco is an oil-producing company based in Dhahran, Saudi Arabia. The Company was founded as the Arabian American Oil Company (Aramco) on September 28, 1933, by Standard Oil of California and Anglo-Persian Oil Co., a predecessor to BP plc. It officially changed its name from “The Arabian American” to “Saudi Aramco” in 1980 when

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Saudi Aramco is the world’s largest energy company, with reserves of 270 billion barrels of crude oil and 254 trillion cubic ft. of natural gas.

Saudi Aramco started business in Pakistan in 1938.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 10000+
  • Founded: – 1933
  • Revenue (USD): – 229.9 billion (2020)
  • Location: – Dhahran, Saudi Arabia
  • Website: – https://www.saudiaramco.com/

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3.Oil & Gas Development Company

Oil & Gas Development Company is a multinational oil company located in Islamabad, Pakistan. Established in 1961, it owns and operates oil exploration blocks and refineries, and petrochemical businesses across Asia, Africa, and the Middle East. It employs over 500 people worldwide, with its head office at Shahrah-e-Quaid-i-Azam near Rawal Lake in Islamabad. The major product of this Company includes petroleum such as liquefied natural gas(LNG).

Oil & Gas Development Company (OGDCL) was established on July 20, 1961, by an Act of Parliament to participate in developing the hydrocarbon resources discovered after the nationalization of the oil industry under Prime Minister Mohammad Ali Bogra’s government who served from 1954 to 1957.

The Company’s headquarters is located in Islamabad, Pakistan, next to the head offices of its major subsidiary, Pakistan Petroleum Limited (PPL).

  • Industry: – Oil & Gas Exploration & Production
  • Products: – petroleum, liquefied natural gas.
  • Employees: -5001 to 10000 Employees
  • Founded: – 1961
  • Revenue (USD): – $10+ billion
  • Location: – Islāmābād, Pakistan
  • Website: – www.ogdcl.com

4.MOL Group In Islamabad

MOL Group In Islamabad,  list of oil and gas companies in islamabad
MOL Group In Islamabad

MOL Group is a multinational oil and gas company headquartered in Budapest, Hungary. The Company is involved in the exploration and production of crude oil and natural gas and retailing petroleum products like petrol to customers. The group also has filling stations under the MOL brand name operating in Central Europe.

In Pakistan, it operates in Islamabad. It employs approximately 5000 employees around the world. They produce 19 billion USD per year with headquarters in Budapest, Hungary. Working on an offshore drilling platform can be a dangerous job. Mol Group offers safety training courses to help individuals avoid accidents when working in hazardous areas such as high-voltage power lines or chemical plants.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 5000+
  • Founded: – 1991
  • Mol Pakistan Ceo: – Thomas Quigley
  • Revenue (USD): – 19.05 billion (2020)
  • Location: – Budapest, Hungary
  • Website: – https://www.molgroup.info/

5.Schlumberger In Islamabad

Schlumberger In Islamabad, oil and gas jobs islamabad
Schlumberger In Islamabad

Schlumberger is one of the largest oilfield service companies in the world today. With over 100 years of experience, this multinational Company has become a multi-billion dollar enterprise with around 264 thousand employees and sales revenue exceeding $40 billion USD per year. Schlumberger operates on six continents and employs more than 118 thousand people worldwide who support exploration, production, drilling & completions, and reservoir management services for oil & gas fields.

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The Company’s head office is located in Paris; they also have regional offices in Houston (USA), Rotterdam (Netherlands), and Singapore, to name but a few.

Schlumberger started its business in Pakistan in the early 1960s and is currently providing services to oil, gas, and power projects in Khyber Pakhtunkhwa (KP), Balochistan, Sindh, Punjab.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 10000+ Employees
  • Founded: – 1926
  • Revenue (USD): – $11+ billion 
  • Location in Pakistan : – Islamabad Capital Territory, Pakistan
  • Website : – www.slb.com

6.Dana Energy- Oil and Gas Company In Islamabad

Dana Energy- Oil and Gas Company In Islamabad
Dana Energy- Oil and Gas Company In Islamabad

Dana Energy was founded in 2000 and is the largest privately-owned oil & gas explorer and producer in Iran.

The Company has a partnership with BP to produce natural gas from Gachsaran field, located near Ahwaz city. It also operates an offshore drilling rig that provides services for international clients like Total S.A., Nexen Petroleum International BV, Mitsui Oil Exploration Co Ltd, etc.

In 2009, Dana Energy began operations in Pakistan and signed a contract with the Pakistani National Oil Company (PNOC) for exploration. They are also engaged in oil & gas production activities in Dubai, UAE.

Dana Energy is headquartered in Tehran, Iran, while its subsidiary Dana Petroleum operates offices across India and the United States of America. The Company’s total revenue was $110 million USD at the end of 2012-13 fiscal year.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 1000+
  • Founded: – 2000
  • Revenue (USD): – 110 million USD
  • Location: – Tehran, Iran
  • Website: – www.danaenergy.com

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7.Attock Refinery Limited

Attock Refinery Limited
Attock Refinery Limited

In 1923, a subsidiary of the Anglo-Persian Oil Company was established to process oil for export. This enterprise became known as “Athara Limited” and later assumed control of overall operations at Attock Refinery after India’s independence in 1947.

In 1971 it changed its name from Athara Limited to ARL Pakistan limited. And continued with refining petroleum products until 1977, when it began exploring and producing crude oil and natural gas. The refinery maintains an output capacity of 17 million tons per year (MTPA), with a total throughput reaching 38 MTPA by 1986.

It is one of only two refineries operated nationwide by ARL, which operates six plants, four exploration blocks, three pipelines, 12 tanker stations/terminals, and an LNG plant in Karachi.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 500+
  • Founded: – 1922
  • Revenue (USD): – 35.17B (2022)
  • Location: – Rawalpindi, Punjab, Pakistan.
  • Website: – https://www.arl.com.pk/
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8.Shell Company In Islamabad

Shell Company In Islamabad, multinational oil and gas companies in pakistan
Shell Company In Islamabad

Shell is a multinational oil and gas company with business operations in more than 70 countries worldwide. Shell, the world’s second-largest non-state oil producer after Saudi Arabia, is located in Rotterdam (Netherlands).

Shell was founded in 1907 and is one of the oldest oil companies in existence.

Shell has an annual revenue of US$180.56 billion, which makes it a Fortune 500 company with some 11,000 employees worldwide. Shell operates in more than 70 countries across six continents, including Pakistan, where they have offices in Karachi.

The multinational corporation employs around 100,000 people from different backgrounds worldwide – a great opportunity to learn about other cultures!

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 10000+
  • Founded: – 1907
  • Revenue (USD): – US$180.5 billion (2020)
  • Location: – The Hague, Netherlands, Karachi in Pakistan
  • Website: – https://www.shell.com/

9.Three Gorges Project

Three Gorges Project,, list of petroleum companies in pakistan
Three Gorges Project

Three Gorges Project is a Chinese oil and gas company that operates on a global level. It was founded in 1994 and had more than 100,000 employees with operating revenue of $12+ billion (USD).

The Company operates mainly in oil exploration and production as well as renewable energy, including hydroelectric power plants. They have held the largest share of the Chinese domestic market for both oil and gas exploration since the 2000s.

  • Industry: – Energy
  • Employees: – 10000
  • Founded: – 1994
  • Revenue (USD): – $12+ billion (USD)
  • Location: – Beijing, China
  • Website: – https://www.ctgpc.com/

10. Pakistan Petroleum Limited

Pakistan Petroleum Limited
Pakistan Petroleum Limited

Pakistan Petroleum Limited is an oil and gas exploration and production company in Pakistan. It was founded in June 1950 due to the nationalization of oil assets from the Associated Oil Company (AOC). The Company had four major divisions: Exploration & Production; Refining; Marketing, Distribution & Logistics; and Engineering Services.

PPPL also has a joint venture partnership with ExxonMobil Corporation to develop overseas oil resources. PPL’s refinery near Karachi produces petroleum products for local distribution by its subsidiary PLL Gas Pvt Ltd, which distributes around 400 stations nationwide. In addition to marketing petrol through these outlets, it operates 150 LPG bottling plants that distribute domestic cooking gas across the country.

  • Industry: – Oil & Gas Exploration & Production
  • Employees: – 1000+
  • Founded: – 5 June 1950
  • Revenue (USD): – $10+ billion 
  • Location: – KARACHI, Pakistan
  • Website: – https://www.ppl.com.pk/

Conclusion:

That’s all about the top ten oil and gas companies in Islamabad. I hope you guys enjoyed the article. Share your thoughts about oil and gas companies in Islamabad below!

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