Company Profile:
the company profile for The Attock Oil Company Limited (AOCL) in English, including clarification on its business type:
The Attock Oil Company Limited (AOCL) - Company Profile
Introduction:
The Attock Oil Company Limited (AOCL) is a prominent and one of the oldest oil and gas exploration and production companies operating in Pakistan. Headquartered in Rawalpindi, AOCL has played a significant role in the country's energy sector for decades. It is part of the larger conglomerate known as the Attock Group.
Core Business Activities:
AOCL is primarily engaged in the upstream segment of the oil and gas industry. Its main activities include:
1. Exploration: Searching for potential crude oil and natural gas fields.
2. Drilling: Developing wells to access discovered reserves.
3. Production: Extracting crude oil and natural gas from the ground.
While AOCL itself is focused on exploration and production (E&P), the Attock Group, to which it belongs, has significant downstream interests, most notably through Attock Refinery Limited (ARL). ARL operates a major refinery that processes crude oil (including some supplied by AOCL and other E&P companies) into various petroleum products like LPG, gasoline (petrol), jet fuel, kerosene, diesel, and furnace oil. The group also has companies involved in marketing these products.
Business Type: Factory vs. Trader?
The Attock Oil Company Limited (AOCL) is primarily an Exploration and Production (E&P) company. In the context of "factory vs. trader":
It is not a simple trading company (buying and selling finished goods it doesn't produce).
Its core business is the extraction of raw materials (crude oil and natural gas). While extraction isn't manufacturing in the traditional sense, it is a form of production.
Through its associated company, Attock Refinery Limited (ARL), the group operates a refinery, which is a type of factory or processing plant where crude oil is transformed into finished petroleum products.
Therefore, AOCL itself is best described as a producer (of raw materials). The broader Attock Group, including AOCL and ARL, functions as an integrated oil and gas group, involved in upstream (production/extraction) and downstream (refining/manufacturing like a factory, and marketing) activities. It is fundamentally involved in the production and processing chain, not merely trading.
Enterprise Products
here are the products associated with The Attock Oil Company Limited (AOCL) in Pakistan, presented in English:
Based on its primary role as an exploration and production (E&P) company, The Attock Oil Company Limited (AOCL) mainly produces and sells:
1. Crude Oil: This is the principal product extracted from the oil fields operated by the company.
2. Natural Gas: Produced either in association with crude oil extraction or from dedicated gas fields.
3. Liquefied Petroleum Gas (LPG): Recovered as a by-product during the processing of natural gas and crude oil.
Note: While AOCL focuses on exploration and production (upstream), other companies within the Attock Group, such as Attock Refinery Limited (ARL) and Attock Petroleum Limited (APL), are involved in refining this crude oil and marketing a wider range of finished petroleum products (like gasoline, diesel, lubricants, etc.) respectively.