A few years ago, Oil and Gas Development Company (OGDC) had been a star performer at the Pakistan stock market. For drilling wells, OGDC has service contracts with Schlumberger (RSS tool) and Cougar (mud motor). The Petroleum Division had stopped the OGDC board from making new appointments after receiving complaints about Ayub’s involvement in the recruitment process. The Ministry of Energy is in the process of appointing a new OGDC board and has insisted that it will be free of political appointees and representatives of service companies. OGDC’s versionThe Express Tribune sent questions to the OGDC board chairman and company spokesperson.

Source: The Express Tribune October 10, 2020 03:00 UTC