Khyber Pakhtunkhwa Oil & Gas Company Ltd.(KPOGCL):
Khyber Pakhtunkhwa Government (KPK), being cognizant of Oil & Gas reserves established Khyber Pakhtunkhwa Oil and Gas Company Limited (KPOGCL) – a land mark achievement of the present Government. KPOGCL is not only entrusted with the responsibility of carrying out Exploration and Production (E&P) activities, itself, but is as well, entrusted the responsibility to allure more E&P Companies to do so by ensuring them with the requisite security and the first hand sharing of technological data thus literally acting as a Fast Track implementation of E&P. KPOGCL, while being actually KPK Government sponsored / patronized, thus can very conveniently act as an Interface between the E&P Companies and all the other Government Related Agencies thereby actually performing the role of ‘One Window of Operations’. It is also the Provincial Holding Company (PHC) under the Petroleum Policy – 2012. KPOGCL is in fact a facilitator to E&P companies.
The Company promotes all E&P activities throughout KPK by investing in Producing and Exploration Blocks and procurement of heavy equipment (i.e. Rig and Seismic Data Acquisition Recorder) – all ultimately aimed at generating revenue and of course fulfilling the dire needed energy requirements of not only KPK Province but the whole Country.
The Company is also member of Production & Exploration Companies Association (PPEPCA). It is run by an independent Board of Directors, who mostly are Experts from the private Sector with Mr. Raziuddin (Razi) as it’s CEO. Though, being newly established, the Company is in it’s embryonic stage of development but owing to the strong support and patronization it has, from the KPK Government, it has very rapidly developed it’s paraphernalia not only to engage itself, on war footing, in all E&P activities but also arrange with the KPK Government to ensure a full proof security to all the rest of the E&P Companies from abroad and within the country.
With KPK Government, determined to boost the province’s economy, has already taken a step forward by improving Communication Infrastructure, unearthing the province’s hidden treasure of huge reserves of Oil and Gas initially through the province’s indigenous Institutions, in which KPOGCL has taken the lead and later on through other multinational E&P Companies while KPOGCL continue to pay it’s role of ‘One Window of Operation’ for them. Thus KPOGCL plans to cause Fast Track implementation of E&P which would generate much needed revenue for KPK Government, create jobs and generate economic activities worth billions.
To engage efficiently, responsibly and profitably in the oil and gas exploration in Khyber Pakhtunkhwa, production and services in competitive environments to meet the KP growing demand for energy.
In order to exploit the abundant oil and gas resources available in its Province, the Government of Khyber Pakhtunkhwa has embarked up on establishment of an Oil and Gas exploration, production and services company. The company will initially be a service company and thereafter it will develop like a complete E&P company. For this purpose, they have commissioned a study for development of a Bankable Business Plan.
The Oil and Gas Company is a highly technical organization as it requires experts in seismic survey, drilling, geological and geophysical services besides administration, management, accounts, audit etc. Accordingly the Company will have following main formations:
- Head office
- Seismic survey field party
- Drilling field party
- Geological and Geophysical field party.
Whereas the head office work will be supervised by the Chief Executive Officer, who will work under the directives and guidance of the Board of Directors (BOD). The field Parties (seismic survey, drilling, geological and geophysical) will be headed by General Manager/Chief Engineers, who will be stationed at head office and report to BOD through CEO.