Significant Achievements

MPCL Wins 1st Prize for Best Management Practices at 36th Corporate Excellence Awards

MPCL has won the Corporate Excellence Award in the oil and gas sector for the fifth consecutive year. The award was received during the Management Association of Pakistan (MAP) event, at the 36th Corporate Excellence Awards Ceremony, in Karachi. MAP established the Corporate Excellence Award in 1982 to recognize and honor firms that have demonstrated remarkable performance by undertaking advanced and outstanding management practices. MPCL qualified first for the award in 2016-17 (based on dividend pay-out) and since then has been a winner in the Oil & Gas Sector every year.

Award of Offshore Block 5 in Abu Dhabi to a Pakistani Consortium

Mari Petroleum, with a consortium of Pakistani companies, Oil and Gas Development Company Limited (OGDCL) and Government Holdings (Private) Limited (GHPL), led by Pakistan Petroleum Limited (PPL), has made a footprint on the energy landscape in the Middle East. With a consortium of Pakistani companies, MPCL has been awarded Offshore Block 5 in the 2019 competitive exploration block bid round by ADNOC in Abu Dhabi. Offshore Block 5 covers an area of 6,223 square kilometers, located 100 kilometers northeast of Abu Dhabi city.

The MPCL Annual Report 2020 takes first place in the Best Corporate and Sustainability Report Awards

MPCL Annual Report 2020 secured 1st position at the Best Corporate and Sustainability Report Awards, in the Fuel and Energy category, organized by the Joint Committee of the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP). MPCL has been receiving this award for three consecutive years. This award is a recognition of MPCL’s commitment to best corporate governance practices through the publication of timely, transparent, and detailed annual reports.

MPCL Deposits over Rs 3 billion for Community Development Projects in District, Ghotki, Sindh

Mari Petroleum Company Limited (MPCL) has contributed funds to community development projects and deposited over Rs 3 billion (US$18.9 million) with the District Administration of Ghotki on account of Production Bonus and Social Welfare obligations under the Pakistan Petroleum Exploration and Production Policy 2012. Funds will be utilized to execute key development projects in the Mari lease area in and around district Ghotki. These obligations are over and above the substantial voluntary contribution by the company to numerous social welfare projects every year under CSR initiatives.

MPCL wins 1st Prize for Best Employment Practices at the 8th Employer of the Year Awards, 2020

MPCL has won the 1st prize for implementing best employment practices in the Medium National Companies category at the 8th Employer of the Year Awards, 2020. The Employers’ Federation of Pakistan organized the ceremony on March 12, 2021, in Karachi. MPCL has bagged this award for the fourth consecutive year. We are proud of providing a safe work environment that is beneficial for talent management and growth. As a result of proactive and employee-friendly policies and practices, MPCL has established itself as an employer of choice for both new and seasoned workers.

MPCL has won three prestigious awards at the 13th Annual CSR Summit & Awards 2021

MPCL has won three prestigious awards, i.e., Best CSR Practices and Sustainability Award 2020, Inclusive Education Award, and Sports & Recreational Activities Award at the 13th Annual CSR Summit & Awards 2021, organized by the National Forum for Environment & Health on 25 February, 2021, in Islamabad. The company was also the recipient of a special sponsorship shield/memento. The event is the annual occasion to properly recognize the excellent work done by public and private sector entities to uplift the socio-economic status of the underprivileged masses in the country. It is worth mentioning that MPCL was the only organization to secure several awards at the event.

MPCL Wins Top 25 Companies PSX Award for the Year 2019

MPCL has been listed in the Top 25 Companies on Pakistan Stock Exchange for the Year 2019. The Top 25 Companies Awards are one of the most prestigious business recognition awards in Pakistan that were established in 1978 by the Exchange (formerly KSE) to honor the leading companies in the country. MPCL is ranked 11th out of 555 firms, now listed on PSX, based on the scores received in each sector. The company’s great financial performance, superior governance processes, and unequaled Management Team have all been recognized by this award.

MPCL Annual Report 2019 wins SAFA Award

MPCL Annual Report 2019 has won two Certificates of Merit; one in the broader Manufacturing category and the other in the category of SAARC Anniversary Award for Corporate Governance Disclosures. The certificates were conferred upon by the South Asian Federation of Accountants (SAFA). The SAFA Awards are given on evaluation of the annual reports’ entries from the South Asian countries. The evaluation was carried out by SAFA’s Committee for Improvement in Transparency, Accountability, & Governance (ITAG).

THE COMPANY

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CONTACT US

21, Mauve Area, 3rd Road,
G-10/4, Islamabad, Pakistan
+92-51-111-410-410,
+92-51-2359900
+92-51-8020200
+92-51-2352859
Contact Information for investor related queries / grievances:
Mr. Muhammad Sajjad (Manager Corporate Affairs)
Tel: +92-51-111-410-410 (Ext. 483), Email: Muhammad.Sajjad@mpcl.com.pk