Member Name Password
About PPEPCA Members Highlights News & Events Usefull Links Contact Us
 
  Back  
 
PREMIER-KUFPEC Pakistan B.V
       
Companies' Name & Postal Address Name & Designation Telephone Fax
       
KUFPEC Pakistan Holdings B.V.
House # 2, Street 71, F-8/3, Islamabad
Mr. Iqbal Gul
President
92 (51) 2251530

92 (51) 2251104

Premier KUFPEC Pakistan B.V (PKP) is an exploration & production joint venture between Premier Oil, UK and Kuwait Foreign Petroleum Exploration Company (KUFPEC). This joint venture was incorporated in 2001 to operate in the oil & gas sector in Pakistan. PKP has working interests in producing assets in Qadirpur, Kadanwari, Bhit and Zamzama gas fields. It also has participation interests in Zarghun South and Badhra gas discoveries.

Premier Oil is a leading UK independent oil & gas company with active operations in six countries in Asia, Africa and Europe. It has producing assets in Pakistan, Indonesia, Mauretania, and UK with daily production of 35,000 boepd.

KUFPEC is head quartered in the city of Kuwait. Formed in 1980, KUFPEC is 100% owned by Kuwait Petroleum Corporation. Having a production base of above 44,000 boepd, it is currently active in eleven countries in Africa, Middle East, South Asia, Far East & Australia.

Although PKP as an entity was specifically set up in 2001, the presence of its holding companies in the country dates back to 1989, when Premier Oil came to Pakistan. Since then it has achieved several milestones in the local E&P sector.

  • Participated in Qadirpur gas discovery in 1991 - a 5.1 TCF gas field – this field has been in production since 1995.
  • Acquired interest in Kadanwari gas field in 1997 where gas is produced from Lower cretaceous play.
  • Drilled Zamzama discovery in 1998 - now a 2.2 TCF gas field - this field has been in production since 2001.
  • Premier merged with Shell in the Upstream in Pakistan – Bhit field added to the asset base. PSP de-merged in 2001 and PKP JV Company formed.
  • PKP has remained active in exploration and operated Bolan, Dadhar and Dumbar blocks. It has drilled 16 exploration wells in Pakistan.
  • PKP has invested over US$ 250million in E&P sector in Pakistan to date.
  • PKP is currently producing around 25,000 boepd gas.

PKP is one of the leading foreign E&P companies in Pakistan and is committed to optimizing Pakistan’s indigenous oil & gas production, in order to reduce the country’s reliance on imported fuels to satisfy its growing energy needs. PKP aim is to be the preferred E&P company of choice with all the energy stakeholders in Pakistan, through its values of corporate social responsibility and commitment to best practices in sustainable development, safety, security, environment protection and human resource development.

PKP MANAGEMENT TEAM

Zaffar Chida Chief Executive Officer
Iqbal Gul Deputy CEO $ NBD Manager
Zahid Mir Non-Operated Asset Manager
Shahid Zahidi Exploration Manager
Mehran Inayat Finance Manager

PKP Asset locations map


 
 
       
Tel:
0092-51-2112015-16
Fax:
0092-51-2112108
Address:
House No. 119-A, Street No. 37,
F-10/1, Islamabad, Pakistan
Email:
mail@ppepca.com
© 2008 PPEPCA. Privacy Policy
Created by: Sina121.com
Home Contact Us