OGDC, Synergetic Oil Tools ink deal for heavy crude production tech

PSX Update • Aug 3, 2026

Oil & Gas Development Company Limited (OGDC) has signed an agreement with Canada's Synergetic Oil Tools Inc. to deploy advanced Passive Energy Tool technology, in a plan to boost production from Pakistan's heavy crude oil fields.

August 03, 2026 (MLN): Oil & Gas Development Company Limited (OGDC) has signed an agreement with Canada's Synergetic Oil Tools Inc. to deploy advanced Passive Energy Tool technology, in a plan to boost production from Pakistan's heavy crude oil fields. The contract signing ceremony took place at OGDC Headquarters in Islamabad, with Canadian High Commissioner to Pakistan Tarik Ali Khan attending as chief guest al...