OGDC, Baker Hughes sign deal to boost output from mature oil, gas fields

Oil and Gas Development Company Limited (OGDC) has signed an agreement with US energy technology company Baker Hughes to deploy Mature Assets Solutions aimed at reviving ageing oil and gas wells and increasing Pakistan’s indigenous hydrocarbon production. The agreement was signed at OGDC Headquarters in Islamabad as part of the company’s Production Optimisation Drive. Special Secretary Petroleum Mirza Nasiruddin Mashood Ahmad and US Chargé d’Affaires Natalie A. Baker attended the signing ceremony as chief guests. OGDC MD/CEO Ahmed Hayat Lak and senior officials from both companies were also present.