Founder, Chairman and CEO Petroleum Exploration (pvt) Ltd.
Petroleum Exploration (Pvt) Ltd (PEL), a private sector Pakistani company has announced a significant discovery of natural gas in its Badin South Block located in district Sajjawal (Sindh). PEL is the operator of the Block. The well named as Aminah-1 was spud-in on 6th January, 2016 and reached the target depth of 2297 meters on 3rd February,... Read More
Petroleum Exploration (Pvt) Ltd (PEL), a private sector Pakistani company is pleased to announce that by the grace of Almighty Allah it has made a significant discovery of oil and gas in its Badin South IV Concession Block. The well named as Ayasha-1 was spud-in on December 31, 2013 and completed on February 14,... Read More
Petroleum Exploration (Pvt) Ltd (PEL), an exploration and production company, in Joint Venture with GPXP announced the drilling of an exploration well Aminah-1 in its Badin IV South Concession. The spud-in commenced at 18:30 hrs on 6 January 2016. The well will be drilled below 2300m and is expected to reach the target depth in Lower Goru... Read More
Petroleum Exploration (Pvt) Limited, a Pakistani Exploration and Production Company in joint venture partnership with ONHYM, a Moroccan National Petroleum Company, signed a Petroleum Agreement on July 09, 2015 regarding THE EXPLORATION FOR AND EXPLOITATION OF HYDROCARBONS. The signing ceremony was held at ONHYM’s headquarters in Rabat,... Read More
A delegation from Republic of Belarus headed by Mr. Igor Lyashenko, the Minister for Energy visited the Corporate Head Office of Petroleum Exploration (Pvt) Ltd on 28th May 2015. A MOU was signed between PEL and the State Concern of Oil & Chemistry, a state owned entity of the Republic of Belarus. The MOU was inked by Mr. Shahbaz Zaheer,... Read More
Petroleum Exploration (Pvt) Limited, a Pakistani exploration and production company in collaboration with ONHYM, a Moroccan National Petroleum Company, has spud in the first exploratory well in Morocco, on November 15, 2014. The well named as Tamanar, is located near Tamanar town about 70 km south of Essaouira City. The well is intended to be... Read More
Ibrahim - 1 well location in Salam Block has been stacked on ground on October 22, 2014. PEL contracted services of Fugro Geodetic for this purpose. The well location coordinates are: Ellipsoid:WGS84 Latitude 28° 03' 13.7940"... Read More
Petroleum Exploration Private Limited Participated in a first of its kind Oil & Gas Summit in Beijing on the 10th of October, 2014. The Summit was hosted by the Pakistani Embassy in Beijing and His Excellency Masood Khalid addressed the gathering giving a general overview of the Petroleum industry in Pakistan. PEL was showcased by... Read More
Petroleum Exploration (Private) Limited engaged a 1500 HP Train Type Land Drilling Rig for its on-going drilling operations in Morocco. The brand new Rig was manufactured specifically for PEL's expanding Morocco Operations. The innovative and state of art technology reduced rig up/rig down time as well as decreased civil works as no... Read More
Islamabad July 28, 2014- Petroleum Exploration (Pvt) Limited (PEL), Pakistan’s first private sector exploration and production company in the private sector has contracted a state of the art, brand new 1500 HP Rig for drilling of a committed well Tamanar-1 in Morocco that shall be shipped out to the Kingdom this week. PEL has also made the... Read More
Petroleum Exploration (Pvt) Ltd (PEL) participated in Global Petroleum Show 2014 held at Calgary, Albertan Canada from 10-12 June 2014. Large number of E&P companies from over 100 countries were present, Petroleum Exploration (Pvt) Ltd being one of them. Read More Read More
Petroleum Exploration (Pvt) Ltd (PEL), a private sector Pakistani company is pleased to announce that by the grace of Almighty Allah it has made a significant discovery of oil and gas in its Badin South IV Concession Block. The well named as Ayesha-1 was spud-in on December 31, 2013 and completed on February 14, 2014 after achieving the target... Read More
Petroleum Exploration (Pvt) Ltd, a renowned oil & gas exploration company with national and international outreach, offers farm-in opportunities to sound national and international E&P companies in the following blocks. Mirpur Khas West (2568-16)Located in Sind Province of Pakistan Mirpur Mathelo (2769-9)Located in Sind Province of... Read More
PEL Branch Office in Morocco: A branch office of PEL has been established in Agdal, the commercial sector of Rabat City, Kingdom of Morocco. Coordinates of the office are as under: Country Manager - Muhammad Talha Waheed Tel : + (212) 6 34 733 939 Address: 37, Avenue Fall Ould Omeir-Resid. Ilham Appartement 1 - 1st Floor - Agdal -... Read More
Shahzad International has entered into a JV with CGG (a French Company) for establishing a new company under the name and style of Shahzad CGG (Pvt) Limited. The company would undertake seismic acquisition and also set up a seismic data processing center in Islamabad. An agreement to this effect has been executed between the parties. The new... Read More
Founder, Chairman and CEO Petroleum Exploration (pvt) Ltd.
Petroleum Exploration (Pvt) Ltd (PEL), a Pakistani exploration and production company with international presence, was incorporated in 1994 under the Companies Ordinance 1984. it is a subsidiary of the Shahzad International Group of Companies.
The main sector of the Group’s Bussiness is the exploration and production of oil and gas under PEL. It is also engaged in several other business pursuits such as: Power Generation , Mineral Development, Gold Exploration & Prospecting, Procurement Services, Oil and Gas field services, Petrochemical Plants, Security Services, Geographical Information Systems and Travel Advisory Services.
PEL enjoys the privilege of being the first private Pakistani company to:
- Operate off-shore.
- Have the largest exploration acreage amongst other indigenous private sector companies.
- Explore hydro carbons, internationally in the Kingdom of Morocco.
PEL has established joint ventures with well-known local and international companies from several countries including Canada, Kuwait, the United Kingdom, Morocco and Australia.