ogdc News

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OGDC secures stakes in one offshore, two onshore exploration blocks

Oil & Gas Development Company Limited (PSX:OGDC) has secured participation in three strategic exploration blocks, significantly strengthening its position in both offshore and onshore exploration, according to the Company's filing on PSX, revealed today.

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OGDC, Partners secure provisional rights for 8 offshore exploration blocks

Oil and Gas Development Company Limited (PSX: OGDC) has been provisionally awarded petroleum exploration rights for eight new offshore blocks in Pakistan.

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OGDC profit drops to Rs38.3bn, yet declares Rs3.5 dividend

Oil and Gas Development Company Limited (PSX: OGDC) reported a profit after tax (PAT) of Rs38.3 billion for the quarter ended September 30, 2025, showing a 5.5% YoY decline compared to Rs41bn earned in the same period last year.

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OGDCL receives nearly Rs8bn under CD plan

Oil & Gas Development Company Limited (PSX: OGDC) has received the fourth interest payment from Power Holding (Private) Limited (PHL), amounting to Rs7.725 billion, as part of the government’s ongoing circular debt settlement mechanism.

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OGDC brings Razgir-1 Well on stream at TAL Block

The Razgir-1 well has come onstream at the Tolanj Production Facility on October 12, 2025, as per information received from MOL, the operator of the TAL Block.

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OGDC, Gazprom agree to deepen energy cooperation

Oil and Gas Development Company Limited (OGDCL) and Russian energy giant Gazprom have agreed to strengthen collaboration across the oil and gas value chain, following high-level discussions in St. Petersburg, according to the press release issued.

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OGDC reports gas discovery at Bitrism East-1 well

Oil & Gas Development Company Limited (PSX: OGDC) has reported a discovery of gas and condensate at the Bitrism East-1 well in District Khairpur, Sindh Province, the Company's filing on PSX reported today.

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OGDC receives 3rd instalment of Rs7.72bn in CD settlement

Oil and Gas Development Company Limited (PSX: OGDC) has received the third monthly instalment of Rs7.725 billion as interest payment from Power Holding (Private) Limited (PHL).

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OGDC gets $28m payment in circular debt settlement

Oil & Gas Development Company Limited (PSX: OGDC) has received its second monthly payment of Rs 7.725 billion ($28 million) from Power Holding Private Limited as part of an ambitious government-backed circular debt resolution mechanism.

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OGDC to pocket Rs87.7bn as circular debt unwinds

Oil & Gas Development Company (PSX: OGDC) is set to receive a combined Rs87.7 billion in upcoming payments, as revealed during the Pakistan Day Conference 2025 hosted by Topline Securities for foreign investors.

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Name Price/Vol %Chg/NChg
KSE100 167,085.58
225.68M 		0.48%
802.03
ALLSHR 101,220.72
685.91M 		0.47%
477.65
KSE30 50,772.02
134.57M 		0.57%
290.16
KMI30 239,923.35
145.03M 		0.77%
1831.31
KMIALLSHR 66,042.80
345.76M 		0.65%
425.34
BKTi 45,106.39
29.18M 		0.06%
24.91
OGTi 33,583.05
26.44M 		1.52%
502.39
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,630.00 92,995.00
88,405.00 		-3210.00
-3.46%
BRENT CRUDE 63.74 64.09
63.06 		0.48
0.76%
RICHARDS BAY COAL MONTHLY 91.00 0.00
0.00 		0.10
0.11%
ROTTERDAM COAL MONTHLY 97.25 97.25
97.25 		0.05
0.05%
USD RBD PALM OLEIN 1,016.00 1,016.00
1,016.00 		0.00
0.00%
CRUDE OIL - WTI 60.10 60.50
59.42 		0.43
0.72%
SUGAR #11 WORLD 14.82 15.02
14.73 		-0.06
-0.40%
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