Subhani appointed OGDCL acting managing director, CEO

Staff Reporter BOL News

14th Oct, 2021. 06:23 pm

KARACHI: The board of directors of the Oil and Gas Development Company Limited (OGDCL) has appointed Syed Khalid Siraj Subhani, as the acting managing director and CEO of the company, a statement said on Thursday.

Earlier the board of directors announced that Shahid Salim Khan has tendered his resignation from the posts and Subhani will relinquish the charge of MD/CEO on October 20, 2021.

The OGDCL management foresees the organisation as not only the leading E&P company of the country, but also as a company known for its people, partnerships and performance in the region.

The company continued with its strategies of accelerating oil and gas exploration, adding to its reserves, early development of the newly-discovered fields and strengthening of its oil and gas production base to enhance indigenous production of the country and create value for its shareholders.

During the last five decades, it has grown into a technically feasible and commercially viable organisation. It has developed a highly qualified pool of professionals who can undertake and supervise almost all phases of oil and gas exploration and production, starting from preliminary geological surveys and culminating in the operation of oil and gas processing plants.

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