MCQ Detailed View

The Oil and Gas Development Company Limited (OGDCL) was founded on 20 September 1961. It is Pakistan’s largest exploration and production (E&P) company in the oil and gas sector. The Government of Pakistan initially established OGDCL as a public sector corporation to accelerate petroleum exploration activities in the country.

Over the years, OGDCL has played a vital role in meeting Pakistan’s energy requirements by exploring, developing, and producing oil and gas resources. It operates numerous fields across the country and has made significant contributions to reducing reliance on imported energy. Today, it is not only the leading company in Pakistan’s oil and gas industry but also one of the most profitable organizations in the public sector.

Key Facts about OGDCL:

• Founded: 20 September 1961


• Headquarters: Islamabad, Pakistan


• Type: Public Limited Company


• Sector: Oil & Gas Exploration and Production


• Ownership: Majority-owned by the Government of Pakistan


• Role: Leading contributor to Pakistan’s oil and gas reserves

With its strong exploration and production base, OGDCL continues to strengthen Pakistan’s energy independence and supports economic growth through its vital role in the energy sector.