Islamabad: Pakistan’s state owned Oil and Gas Development Company Limited (OGDC), has officially signed a multiyear agreement with US energy technology giant Baker Hughes. The contract signing ceremony was held at OGDC Headquarters in Islamabad in the presence of key government officials and diplomatic representatives, including Special Secretary for Petroleum Mirza Nasiruddin Mashood Ahmad and US Chargé d’Affaires Natalie A Baker. The deal marks a continuation of a decades long collaboration between both companies aimed at modernising field operations and maximising hydrocarbon recovery from Pakistan's domestic reserves.
Under the contract, Baker Hughes will deploy its specialised Mature Assets Solutions (MAS) framework to assist OGDC in identifying key production opportunities and overcoming operational challenges in fields facing natural depletion. The initial phase of the redevelopment program will target more than 120 wells across major mature fields, with a particular focus on the Tando Alam Oil Complex and the Pirkoh field. Baker Hughes will work directly with OGDC to align technical solutions with specific production targets and economic goals.
The execution strategy transitions from diagnostic evaluation to direct field interventions utilising cutting edge digital and oilfield technologies. Operations will feature AI enabled chemical injection systems designed to resolve flow assurance problems in wellbores and pipelines, as well as high graded well workovers intended to restore output from underperforming or shut in wells. Integrated digital solutions will also be integrated to provide continuous monitoring and optimize overall recovery performance.
Revitalising these fields is critical to OGDC’s broader Production Optimisation Drive and Pakistan's goal of improving energy security. OGDC currently manages 18 major mature assets, consisting of 12 oil fields and six gas and condensate fields. The company’s overall baseline production stands at over 40,000 barrels of crude oil per day, 815 million standard cubic feet of natural gas per day, 780 metric tonnes of LPG per day, and 80 metric tonnes of sulphur per day. Boosting local supply from these assets is expected to reduce the nation's reliance on costly foreign energy imports.
Company leadership and government representatives praised the agreement as a significant milestone for bilateral commercial and energy ties. US Chargé d’Affaires Natalie A. Baker emphasised that energy serves as a foundation for economic stability, noting that the collaboration advances shared goals between the two nations. OGDC MD/CEO Ahmed Hayat Lak expressed confidence in the project's ability to efficiently unlock untapped reserves, while Baker Hughes leadership highlighted the partnership's role in delivering advanced technologies to rewrite Pakistan's energy equation.
