On February 17, 2026, Oil and Gas Development Company Limited (OGDCL) signed a significant contract with French company SNF S.A. for the installation of advanced Water Injection Systems (WIS) at its Kunnar and Pasakhi oil fields in Sindh, Pakistan. This collaboration is projected to enhance oil production by approximately 9 million barrels and gas production by 3 billion cubic feet, generating an estimated additional revenue of USD 460 million over the fields' operational life. The initiative aims to improve the recovery factor by 8-10%, crucial for maximizing resource extraction from existing reservoirs. 'The project will be completed in three phases, with the first phase dedicated to installation and commissioning over nine months,' stated Ahmed Hayat Lak, MD/CEO of OGDC, during the signing ceremony attended by key officials including Federal Minister for Energy Ali Pervaiz Malik and French Ambassador Nicolas Galey (Profit by Pakistan Today, 2026).
ENERGY
OGDCL Signs $460 Million Contract with French Company SNF

OGDCL partners with SNF S.A. to install Water Injection Systems in Sindh, boosting oil by 9M barrels, gas by 3B cubic feet, and generating $460M revenue over 20 years, enhancing sustainability.
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