Attock Oil Company
 | |
| Company type | Holding |
|---|---|
| Industry | Petroleum |
| Founded | 1913 |
| Founder | Ghaith Pharaon[1] |
| Headquarters | Manchester, England, United Kingdom |
| Revenue |  US$ 4.11 billion (2012–2013)[2] |
Number of employees | Over 10,000 |
| Subsidiaries | Attock Cement Attock Petroleum Limited Attock Refinery Limited National Refinery Limited Pakistan Oilfields Limited |
| Website | the-aoc |
Attock Oil Company, informally called Attock Group, also known as Pharaon Group, is a UK-domiciled conglomerate company based in Manchester, England, United Kingdom.[3] It is the sole vertically integrated oil conglomerate company active in Pakistani market.[4]
The group is owned by Pharaon Family.[1][5]
History
Attock Oil Company Limited (AOC) was incorporated in England on 1 December 1913, and extended into Pakistan as a branch office of a foreign company for principal business of exploration, drilling and production of petroleum products.
AOC met its first oil discovery in 1915 at Khaur, Attock District. Thereafter, AOC made significant contributions in promoting oil and gas exploration in the country by opening up the Potwar Basin as a new oil province. The Potwar Basin remained the only oil producing basin in Pakistan till the early 1970s.
In 2004, the company invested US$400 million in Pakistan.[6] It included: petroleum pipeline from Machike, Lahore to Taru Jabba, Peshawar, and a 150 MW power plant in Rawalpindi District.[6]
Subsidiaries
The Attock Oil Company consists of the following companies:
Listed
- Pakistan Oilfields Limited
- Attock Refinery Limited
- National Refinery Limited
- Attock Petroleum Limited
References
- ^ a b "Attock Group to invest in Pakistan". 12 April 2004.
- ^ "For Attock Group, refinery wing grows, petroleum, exploration drag profitability - The Express Tribune". 17 April 2013.
- ^ https://the-aoc.com/contact.php
- ^ "Corporate results: Attock Group records Rs22.6b profits - The Express Tribune". 16 August 2014.
- ^ Correspondent, Our Equities (12 September 2017). "Attock Petroleum profit rises 38pc to Rs5.3bn".
{{cite web}}:|last=has generic name (help) - ^ a b "Attock Oil Co okays $400m investment". DAWN.COM. 15 March 2004.
