OGDCL and SLB Collaborate for Geothermal Energy Advancement

Oil and Gas Development Company Limited (OGDCL), the leading oil and gas exploration company in Pakistan, has teamed up with a global technology company to enhance the use of technology in planning, exploration, and production of oil and gas reserves across Pakistan.

The collaboration between OGDCL and SLB, a multinational company listed on the New York Stock Exchange with operations in over 100 countries, is focused on improving controls over carbon footprints and addressing climate change through the development of technologies that reduce emissions and promote geothermal energy.

SLB will support OGDCL in assessing the geothermal potential of specific fields in Pakistan's North, South, and Central basins. This partnership will involve analyzing various data to pinpoint areas of interest and estimate geothermal potential using advanced models and calculations.

The Managing Director of OGDCL has emphasized the company's dedication to exploring innovative energy solutions in Pakistan, highlighting the collaboration with SLB as a significant stride towards leveraging the country's geothermal resources.

The New Energy Business Development Director at SLB has stressed the importance of the geothermal pilot project in Pakistan's transition towards renewable, low-carbon energy sources.

OGDCL's recent financial report has shown progress in exploration activities, with the company acquiring six exploration blocks and uncovering gas condensate deposits nationwide. Despite challenges like equipment shortages affecting drilling operations, OGDCL remains committed to sustainable energy solutions and ensuring stable production levels.

The partnership between OGDCL and SLB signifies a major advancement in the oil and gas sector in Pakistan, with a focus on harnessing geothermal energy and reducing carbon emissions. This collaboration not only enhances technological capabilities but also underscores the commitment of both companies towards sustainable energy practices and environmental conservation.