Pakistan Oilfields Limited (POL)

Industry: Oil & Gas
Location: Rawalpindi
Products/Services: Exploration, Production of Oil & Gas

Introduction:

Pakistan Oilfields Limited (POL) is a leading exploration and production company in Pakistan’s oil and gas sector. Established in 1950, POL is a subsidiary of the Attock Oil Group and is publicly traded on the Pakistan Stock Exchange. The company plays a crucial role in meeting the country’s energy needs through the exploration, development, and production of hydrocarbons. With a commitment to sustainable and responsible practices, POL is focused on increasing its production capacity while minimizing environmental impact.

Product Range:

POL’s primary business revolves around the exploration, development, and production of oil and gas. The company’s product offerings include:

1. Crude Oil:
   • POL is involved in the exploration and production of crude oil from various fields, contributing significantly to Pakistan’s domestic oil supply.
2. Natural Gas:
   • The company produces natural gas, which is used for domestic and industrial purposes, helping to meet the energy demands of the country.
3. Liquefied Petroleum Gas (LPG):
   • POL is involved in the production of LPG, a valuable energy source used for cooking and heating in households and industries.
4. Condensates:
   • POL produces condensates that are a byproduct of natural gas production, used in various industrial applications.

Mission and Values:

POL’s mission focuses on sustainable growth and providing energy solutions while adhering to safety and environmental standards.

• Mission: “To be a leading oil and gas exploration and production company in Pakistan, committed to sustainable practices, technological innovation, and delivering value to our stakeholders.”
• Core Values:
  • Integrity: Conducting operations transparently and ethically, ensuring accountability in all aspects of the business.
  • Excellence: Committed to high standards in operational efficiency, safety, and environmental management.
  • Sustainability: Prioritizing sustainable practices to minimize environmental impact and contribute positively to communities.
  • Innovation: Embracing new technologies and methodologies to enhance exploration and production capabilities.

Innovative Practices:

POL is known for its commitment to adopting innovative practices in the oil and gas sector:

• Advanced Exploration Techniques: The company employs the latest seismic and drilling technologies to identify and exploit hydrocarbon reserves more efficiently.
• Enhanced Oil Recovery (EOR): POL uses EOR techniques to maximize the recovery of oil from mature fields, extending their productive life.
• Digital Transformation: The company is increasingly integrating digital technologies into its operations for better decision-making, efficiency, and safety.

Corporate Social Responsibility (CSR):

POL is dedicated to making a positive impact on society and the environment through various CSR initiatives:

1. Community Development: POL invests in local communities by supporting infrastructure projects, including roads, schools, and healthcare facilities.
2. Education Initiatives: The company provides scholarships and educational resources to students in areas where it operates, promoting literacy and education.
3. Healthcare Programs: POL supports health initiatives and provides medical facilities to improve the health and well-being of local populations.
4. Environmental Conservation: The company actively engages in environmental protection efforts, including reforestation and waste management programs.

Global and Local Partnerships:

POL collaborates with various local and international companies to enhance its exploration and production capabilities. These partnerships enable POL to leverage advanced technologies and expertise, ensuring efficient and sustainable operations.

Connect with Us:

POL provides several channels for stakeholders and the public to connect with the company:

• Corporate Office:
  • Pakistan Oilfields Limited, 1-B, Attock House, Morgah, Rawalpindi, Pakistan.
• Customer Support:
  • POL maintains communication channels for inquiries related to its operations, investments, and partnerships.

Website:

For more information about POL’s projects, services, and contributions to Pakistan’s energy sector, visit:

• Website: www.pakoil.com.pk