Mohammad Ali Jinnah University

Department OF business Administration Islamabad Campus Fall semester 2009

INFORMATION TECHNOLOGY IN BUSINESS FINAL ASSINGMENT PROJECT ON:

SUBMITTED TO: MR. SHAKEEL RAJA

GROUP MEMBERS

Muhammad Ehsan Kashif Nawaz Abdul Naveed Shazia Mahamood

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Dedication
We dedicate this report to our parents, our friends who encouraged us a lot and who really helped us. We love those more then we love ourselves then we dedicate this report to highly respectable teacher Mr. SHAKEEL RAJA from whom we personally learned that how actually the life is

Acknowledgement
In the name of ALLAH the most gracious, most merciful and most beneficial who endowed us with the will and thoughts to complete this project with the praise of his beloved Holy Prophet (P.B.U.H) We owe an immense gratitude to Mr. SHAKEEL RAJA for his help and guidance during the project. We have heartfelt appreciation for our Teacher, Parents for their support and courage. In the end we would like to say thanks to all of those who helped us in any way during our project and made

VISSION STATEMENT

To be leading, regional Pakistani E&P Company, recognized for its people partnerships and performance

MISSSION STATEMENT

Our mission is to become a competitive, dynamic and growing E & P company rapidly enchasing our reserves through world class workforce, best management practices. And technology and maximizing returns to all stakeholders by capturing high value business opportunities within the country and abroad while bening a responsible corporate citizen

INTRODUCTION OF THE COMPANY

il and Gas Development Limited (OGDCL) is the largest petroleum exploration and production (E&P) company in the Pakistan oil and gas sector, and is currently 95% owned by the Government of Pakistan (GOP). A strategic sale of 51% shareholding along with transfer of management control is envisaged by the GOP. A consortium led by Merrill Lynch International and KASB Securities Ltd. (KASB) are the Financial Advisor (FA) for this transaction. Expressions of Interest (EoIs) for sale of 51% shares in OGDCL were invited in July 2002 and various oil & gas companies expressed interest, however the transaction was pended until completion of the privatization of Pakistan Petroleum Ltd. As of August 2006, the GOP is looking to proceed with the divestment of 10% to 15% shares in OGDCL by means of an international offering through GDRs and a domestic public offering. It is expected that the transaction would be completed by 31 December 2006. OGDCL holds the largest share of oil and gas reserves in the country, being 37% of total oil and 32% of total gas reserves, amounting to 115 million barrels of oil and 10.5 trillion cubic feet of gas as of July 1, 2005. OGDCLs equipment base includes 7 drilling rigs, 2 work over rigs, a geological field party , 4 seismic parties, 4 engineering field parties, a gas gathering and pipeline construction party , seismic data processing centre, geological analysis laboratory, wire line logging unit, cementing units and data logging unit. The companys head office is located in Islamabad. As on 1st August 2005 OGDCL has total manpower strength of 11,624 out of which 1,868 are officers. The company possesses the largest professional/technical human resource base in the country's oil industry.

HISTORY

he Government of Pakistan established Oil and Gas Development Corporation (OGDC) in 1961 as a statutory corporation to undertake exploration and development of oil and gas resources. In October 1997 OGDC was converted into a public limited company and renamed as Oil and Gas Development Company Limited (OGDCL). In November 2003, on behalf of the Government of Pakistan, the Privatization Commission divested 5% of the GOPs shareholding in OGDCL by way of an Offer for Sale through an Initial Public Offering at the domestic stock exchanges.

Organization structure
Board of Directors comprising twelve Directors, all of whom are nominated by the Ministry of Petroleum and Natural Resources, is responsible for policy related issues. The autonomous Board is headed by a non-executive Chairman and there is a Managing Director/Chief Executive Officer. OGDCL has a wholly owned subsidiary Pirkoh Gas Company Limited (PGCL) which is responsible for operating Pirkoh gas field.

ORGANIZATIONAL STRCTURE OF OGDCL

Senior Management
Mr.BasharatA.Mirza Acting MD/CEO) Mr. Fahd Shaikh Director Mr. Ahmed Bakhsh Lehri Mr. Masood Nabi Director Director (Joint Ventures) Executive SyedMuhammed Riaz Khan Mr. Masieh-ul-Islam Director Acting Executive Director (Production) Mr. Abid Saeed Director Mr.Shamim Iftikhar Zaidi General Manager (Drilling Operations) Mr Aijaz Muhammad Khan General Manager/ Incharge (Human Resource/Administration) Mr Salman Amin General Manager (Commercial) Mr Tahir Shaukat General Manager (C&ESS) Mr. Mansoor Humayon General Manager(Reservoir Management)

Mr. Zahid Imran Farani General Manager (Exploration) Mr Amjad Javed General Manager (Human Resource)

Mrs Eram Ali Aziz Company Secretary Mr. Khalid Subhani General Manager (Process & Plants) Mrs. Shabina Anjum Elahi General Manager (Strategic Business Planning)