Oil & Gas Development Company Limited (OGDCL) in collaboration with The Higher Education Commission (HEC) has launched a program of 260 scholarships for under privileged students of different Pakistani Universities. The HEC will be the implementing partner on need basis during year 2016-17. Under the higher education scholarship program, OGDCL will award scholarships to 130 students of various public sector engineering universities, whereas the rest of the scholarships will be awarded to other partner Universities.
The 23rd Annual Technical Conference (ATC) on “Oil Price Domestic Challenges and E &P Strategies” jointly organized by the Association of Pakistan Geoscientists (PAPG) and Society of Petroleum Engineers (SPE) was inaugurated by Mr. Jam Kamal Khan, State Minister for MP&NR on 22nd November 2016 at Serena Hotel, Islamabad. OGDCL’s extensive working knowledge and understanding of Pakistan’s complex geological basins, track record of delivery of complex exploration and development projects and use of the latest exploration technology makes the Company stand out among all other E&P companies based in the country. An Exhibition was arranged. OGDCL also set up a stall at ATC 2016 to represent its operational activities that were very well appreciated by the conference delegates and guests.
Pakistan, through its country pavilion, registered a strong presence at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), one of the most influential energy sector events held from 7th -10thNovember 2016 at National Exhibition Centre , Abu Dhabi. A delegation from OGDCL comprising of Mr. Zahid Muzaffar, Advisor Ministry of Petroleum and Chairman, OGDCL Board, Mr. Zahid Mir, MD/CEO, OGDCL, Mr. Masood Nabi, Executive Director (Joint Venture), Ms. Shabina Anjum, General Manager (Corporate Affairs/External Communication) and Mr. Sikander Sheikh, Manager (External Communication) participated in the mega event. A grand Pakistan Pavilion was set up. The theme of the Pakistan Pavilion was ‘Pakistan-A Land of Emerging Opportunities’.
Being the flagship of Pakistan’s E&P sector, OGDCL featured prominently at ADIPEC. The Pakistan Pavilion was very well attended and appreciated by the delegates including geoscientists and petroleum engineers belonging to international oil and gas industry and academia. A large number of vendors also visited the stall and were attended to by the various E&P companies. Participating in ADIPEC was a first for OGDCL and was a huge success. It also created awareness among the business community regarding OGDCL’s pivotal role in Pakistan’s economy. The event was an excellent platform for sharing knowledge, experience and innovation related to the energy sector.
The 19th Annual General Meeting of Oil and Gas Development Company Limited was held on October 26, 2016 at Marriott Hotel, Islamabad which was presided over by Mr. Zahid Muzaffar, Chairman of the Board of Directors, OGDCL. Mr. Zahid Mir, MD/CEO, OGDCL along with other Directors of the Board who were also present.
An award ceremony for the Best Corporate Report Awards 2015 was organized on October, 07, 2016 at Movenpick Hotel, Karachi. The event was organized by the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost & Management Accountants of Pakistan (ICMAP). Chief Guest for the awards was Mr. Muraad Ali Shah, Chief Minister of Sindh province. OGDCL was ranked third in the Best Corporate Report and Sustainability Award for the year 2015 in fuel and energy sector. Mr. Nadeem Rizvi, GM, Finance received the award on behalf of OGDCL.
OGDCL joined hands with Sukkur IBA to offer National Talent Hunt Program on national level covering all provinces with equal share of 75 seats each. The inauguration ceremony of OGDCL-National Talent Hunt Program (NTHP) 2016 was hosted by Sukkur, IBA. Mr. Zahid Mir, MD/OGDCL presided over the ceremony as Guest of Honor. Mr. Abdul Rauf Khajjak, GM (CSR) was also present with other OGDCL officials on the occasion.
The 10th Extraordinary General Meeting and the 29th meeting of the members of Oil & Gas Development Company Limited was held at Marriot Hotel Islamabad on 23rd August, 2016. The meeting was attended by top Management of OGDCL along with other stakeholders.
A dinner was hosted by the OGDCL Officers on September 30, 2015 at Monal Marquee, Islamabad. Mr. Zahid Mir, MD/COO was the Chief Guest on the occasion. The dinner was attended by senior management and officers.
The proceedings commenced with recitation from the Holy Quran followed by an overview of performance of the Association. Mr. Zahid Mir, MD/COO while addressing the officers stressed on working hard and achieving targets. He further added that currently the Company requires everyone to play their role in order to make OGDCL prosper. He also appreciated the proactive approach of engagement of Officers’ Association with the management for resolution of problems of the officers.
The event concluded with prayers and sumptuous dinner.
Under the able guidance of Team Manager, Mr. Usman Mansoor Bajwa, OGDCL’s table tennis team comprising of Mr. Israr Butt (Team Captain), Mr. Nayyar Ali, Mr. Najeeb Ud-Din, Mr. Shehzad Hussain and Mr. Rehan Javed, participated in the 1st National Highway Authority Table Tennis Master Cup, held from September 10-14, 2015 at Hamidi Hall, Pakistan Sports Complex, Islamabad.
The 1st NHA Table Tennis Master Cup hosted teams from different companies and provinces, comprising of top ranking table tennis professional players of Pakistan. In the team events, OGDCL team managed to reach the quarter finals of the tournament, which in itself is a huge achievement. Earlier, during the spring of 2015, an in-house table tennis tournament was held in OGDCL Head office where Company employees displayed their talent and flair. The tournament hosted 16 players from different departments and Mr. Nouman Ajmal secured the first position whereas Mr. Usman Mansoor Bajwa and Mr. Israr Butt secured 2nd and 3rd positions, respectively. It is worth mentioning, that during December 2014, OGDCL participated and secured first positions in PTCL Table Tennis Championship held in Shahbaz Sharif Complex, Rawalpindi
A memorandum of understanding (MoU) was signed on September 09, 2015 in OGDCL Head Office between Oil and Gas Development Company Limited and M/s JSC Rosgeologia of Russian Federation.
Both Companies have entered into a MoU for exploration and production on the broader terms within their blocks for mutual benefit and overall reciprocity in accordance with the relevant laws, rules and regulations.
Negotiations regarding Memorandum of Settlement (MOS) were conducted at OGDCL Head Office, Islamabad. The 23rd MOS was signed between Management of Oil & Gas Development Company Limited (OGDCL) and Labor Ittehad Union (CBA) representatives in a peaceful manner.
The MOS was signed by Mr. Zahid Mir, MD/CEO, OGDCL and other committee members and by Ch. Muhammad Akram, CBA President. Other senior management/officers as well as all representatives from the OGDCL fields also attended the event at OGDCL head Office, Islamabad.
Oil and Gas Development Company Limited celebrated Pakistan’s 69th Independence Day at Head Office, Islamabad and related fields on 14th August, 2015 with great zeal and enthusiasm. The celebrations commenced with recitation from the Holy Quran. The national anthem was played, followed by a flag hoisting ceremony. Mr. Zahid Muzaffar, Chairman, OGDCL, and Mr. Zahid Mir, MD/COO hoisted the national flag. Executive Directors, General Managers, Officers, employees and office bearers of CBA & Officers Association of OGDCL also participated in the ceremony.
Special prayers were offered for peace and prosperity of the country. A signature board was set up with an aim to pledge to reinforce commitment and hard work. OGDCL House was decorated with buntings of the national flag. Colorful green and white balloons were also released in the air.
Hajj delegation comprising of 47 staff members left Islamabad for Hijaz-e-Muqaddas on 28/08/2015 and 10/09/2015 respectively. These staff members were selected under the Lucky Hajj Draw policy of the Company. A ceremonial gathering was held at OGDCL House in the honor of the pilgrims. MD/COO along with senior management was present at the ceremony. Mr. Zahid Mir, MD/COO, OGDCL warmly bade farewell to the staff members departing for Hajj. MD/COO offered them well wishes for their journey.
As a part of OGDCL’s safety program, an emergency evacuation drill was carried out at OGDCL House, Islamabad on 5th June, 2015 at 11.00 a.m. under the leadership of Mr. Zahid Mir, MD/COO, OGDCL. The drill was conducted in a planned and organized manner to create awareness among OGDCL employees for handling critical situations in case of fire or emergency.
The Company observed 23rd March 2015 with great zeal and enthusiasm. A flag raising ceremony was held at Kot Sarang Logistic Camp. Mr. Rai Jafar Abbas, Operation Manager, presided over the function. The ceremony began with recitation from the Holy Quran. National Anthem was played, followed by security squad giving the Guard of Honor.
The annual HSE event was celebrated at Qadirpur gas field on March 15, 2015 at the plant site. This was the 7th consecutive event celebrated at the Qadirpur filed. The event was celebrated to promote safety awareness amongst the employees and bringing about a positive change in the overall safety culture of OGDCL.
Bobi Oil Complex (BOC) and Tando Alam Oil Complex (TOC) also celebrated Annual HSE Awareness Event on 17th May, 2015 and 13-14th June 2015, respectively to promote safety awareness and HSE practices amongst the employees.
OGDCL conducted the 31st Hajj & 3rd Umra draw on 26th January, 2015 at OGDCL Head Office, Islamabad. MD/CEO, OGDCL inaugurated the event, and congratulated the successful employees. A total of 45 staff members of OGDCL were selected to perform Hajj whereas 5 employees were selected to perform Umra through computer balloting.
A grand X-Mas party was held at OGDCL Head Office on January 15, 2015. Mr. Zahid Muzaffar, Chairman, OGDCL Board and Mrs. Asiya Nasir, MNA, for minorities, presided over the annual Christmas function. MD/CEO, OGDCL along with top management, representatives from Officers Association and CBA was also present on the occasion. The event was attended by a large number of Christian employees and their families.
For the first time ever, a Mehfil-e-Milad for females was held at OGDCL Head Office Islamabad, in a connection with Eid Milad-un-Nabi (SAW) celebrations on January 11, 2015. The initiative was taken by Begum Zahid Muzaffar, wife of Chairman, OGDCL Board. The function was attended by a large number of OGDCL employees and their families. Begum Zahid Muzaffar presided over the function.
The OGDCL’s Milad Committee celebrated the blessed occasion of Eid Milad-un-Nabi (SAW) with great religious zeal and fervor. The function was organized at OGDCL, Head Office Islamabad on 9th January, 2015. The ceremony was graced by Mr. Ishaq Dar, Finance Minister, who also presided over the function. Renowned religious scholars, naat khawans, speakers, OGDCL management, officers and staff also attended the function.
Oil & Gas Development Company Limited (OGDCL) was awarded the “30th Corporate Excellence Award” by Honorable President Mr. Mamnoon Hussain and Governor Sindh Dr.Ishrat-ul-Ibad. The award was received by MD/CEO on behalf of OGDCL from the President of Pakistan. The Corporate Excellence Award ceremony is organized by the Management Association of Pakistan (MAP) each year. The award ceremony was held at Governor House, Karachi. President of Pakistan graced the occasion as Chief Guest.
The Annual Dinner of OGDCL Officers Association was held on October 28, 2014 at Monal Marquee, Islamabad. Mr. Zahid Muzaffar, Chairman Board was the Chief Guest on the occasion. The dinner was attended by senior management and officers.
The 17th Annual General Meeting (AGM) of OGDCL was held on 24th October 2014 at Marriott Hotel, Islamabad which was presided by Mr. Zahid Muzaffar, Chairman, Board of Directors, OGDCL. MD/CEO, OGDCL along with other Directors of the Board was also present at the meeting.
A grand party was held at OGDCL, Head Office on 1st February, 2014. The event was attended by a large number of Christian employees and their families, as well as OGDCL management and representatives from Officers Association and CBA.
The OGDCL Milad Committee celebrated the blessed occasion of Eid-Milad-Un-Nabi with great zeal and religious fervor. The function was held in OGDCL Auditorium, Head Office, Islamabad on 28th January, 2014. The ceremony was attended by renowned religious scholars, naat khawans, speakers, OGDCL officers and staff members.MD/CEO presided over the function.
The 16th Annual General Meeting (AGM) of the Company was held on 25th September, 2013 at OGDCL House, Islamabad. The meeting was presided over by Chaudhry Muhammad Shafi Arshad, Chairman Board of Directors. Mr. Abid Saeed, Federal Secretary Petroleum and Natural Resources, Mr. Muhammad Riaz Khan, former MD/CEO, OGDCL along with other directors of the Board were also present.
An oath taking ceremony of the new OGDCL Officers Association was held at Serena Hotel, Islamabad on 30th August, 2013. Former MD/CEO, OGDCL, Mr. Muhammad Riaz Khan was present at the occasion. Mr. Zakauddin Malik, ex-Chairman OGDCL, administered oath to the newly elected office bearers of OGDCL Officers Association.
The ceremony concluded with presentation of shields to the outgoing office bearers, followed by dinner..
The Company hosted an even for personnel from Print and Electronic Media at OGDCL, Head Office on 29th August, 2013. A large number of media representatives were present on the occasion along with senior officials of OGDCL. The function was presided over by the then MD/CEO. An overview of the Company was presented by Ms. Shabina Anjum, GM (Strategic Business Planning/External Communication).
Oil & Gas Development Company Limited celebrated Pakistan’s 67th Independence Day at Head Office, Islamabad and related fields on 14th August, 2013 with great zeal and enthusiasm. The celebrations commenced with recitation from the Holy Quran. The national anthem was played, followed by a flag hoisting ceremony. Former MD/CEO, OGDCL, Mr. Muhammad Riaz Khan hoisted the national flag. Executives Directors, General Managers, Officers, employees and office bearers of CBA & Officers Association of OGDCL also participated in the ceremony.
JCR-VIS Credit Rating Company Limited for the fiscal year 2012-13 reaffirmed the medium to long-term entity rating of Oil and Gas Development Company Limited (OGDCL) at ‘AAA’(triple A) and short-term entity rating at ‘A-1+’(A one plus) with outlook on the assigned rating ‘stable’.