Pakistan Oilfields Limted (POL) Internship ReportMuneeb Ur Rahman
This is a complete overview of the Khaur fields plant of POL discussing the operations and procedures happening there. If this benefits you at some point in time, please help others with your stuff too. We grow by lifting others. Cheers!
This document appears to be an internship report submitted by Umeshkumar Ladhani detailing his 4-week internship at BYCO Petroleum Pakistan Limited's ORC-2 facility. It includes acknowledgments, an introduction to BYCO, descriptions of the crude distillation process and various other units within the refinery including utilities. The report provides high-level overviews of the different processes within the refinery with a focus on learning during the internship.
This document provides an internship report on the Kandhkot Gas Field operated by Pakistan Petroleum Limited. It summarizes the key components and processes at the Kandhkot Gas Field Compression Station (KFGCS). The KFGCS receives gas through slug catchers which separate liquids before the gas enters filters and scrubbers to remove particles and droplets. The cleaned gas is then compressed in two stages by three centrifugal gas turbine driven compressors before being delivered to the dehydration plant. Safety protocols are strictly enforced to protect personnel and equipment at the gas field.
This internship report summarizes Zeeshan Ahmad's month-long internship from August 1-31, 2016 at OGDCL in Islamabad, Pakistan. The internship was a requirement for Zeeshan's BS in Geology program. During the internship, Zeeshan learned about OGDCL's vision, mission and core values. He studied hydrocarbon exploration prospects and sedimentary geology. Zeeshan also visited OGDCL's Islamabad head office and learned about oil and gas well symbols, sedimentary environments, rock textures, cuttings shapes, and grain sizes. The report provides an overview of petroleum origination through the death, decay and burial of organic matter over millions of years.
The document provides information about IOCL Noonmati Guwahati refinery including:
1. It describes the refinery's location, capacity, and major products which include LPG, gasoline, diesel, and petroleum coke.
2. It outlines some key mechanical equipment used in refineries like pumps, compressors, heat exchangers, valves, and bearings.
3. It provides an overview of some refinery units including the crude distillation unit to separate crude oil fractions, the INDMAX unit to produce light olefins and gasoline, and the planning section which manages refinery maintenance and operations.
This document provides a 3-page summary of a vocational training report for a chemical engineering internship at an oil refinery in India. It describes the processes within the Atmospheric Unit (AU) of the refinery, including crude preheating and desalting, distillation in the main fractionating column, product stripping, and chemical injection facilities. It also discusses the unit's feed, products, product end uses, relevant pumps and valves, instrumentation and safety measures.
This document is a report on the instrumentation process at the Guwahati Refinery in India. It provides an overview of the refinery and describes the various instruments and control systems used to measure important process parameters like temperature, flow, pressure, and level. It also discusses the different units within the refinery like the nitrogen unit, sulfur recovery unit, hydro treating unit, hydrogen units, and INDMAX plant. The control system architecture and types of field instruments, transmitters, and control valves are also summarized.
Pakistan Oilfields Limted (POL) Internship ReportMuneeb Ur Rahman
This is a complete overview of the Khaur fields plant of POL discussing the operations and procedures happening there. If this benefits you at some point in time, please help others with your stuff too. We grow by lifting others. Cheers!
This document appears to be an internship report submitted by Umeshkumar Ladhani detailing his 4-week internship at BYCO Petroleum Pakistan Limited's ORC-2 facility. It includes acknowledgments, an introduction to BYCO, descriptions of the crude distillation process and various other units within the refinery including utilities. The report provides high-level overviews of the different processes within the refinery with a focus on learning during the internship.
This document provides an internship report on the Kandhkot Gas Field operated by Pakistan Petroleum Limited. It summarizes the key components and processes at the Kandhkot Gas Field Compression Station (KFGCS). The KFGCS receives gas through slug catchers which separate liquids before the gas enters filters and scrubbers to remove particles and droplets. The cleaned gas is then compressed in two stages by three centrifugal gas turbine driven compressors before being delivered to the dehydration plant. Safety protocols are strictly enforced to protect personnel and equipment at the gas field.
This internship report summarizes Zeeshan Ahmad's month-long internship from August 1-31, 2016 at OGDCL in Islamabad, Pakistan. The internship was a requirement for Zeeshan's BS in Geology program. During the internship, Zeeshan learned about OGDCL's vision, mission and core values. He studied hydrocarbon exploration prospects and sedimentary geology. Zeeshan also visited OGDCL's Islamabad head office and learned about oil and gas well symbols, sedimentary environments, rock textures, cuttings shapes, and grain sizes. The report provides an overview of petroleum origination through the death, decay and burial of organic matter over millions of years.
The document provides information about IOCL Noonmati Guwahati refinery including:
1. It describes the refinery's location, capacity, and major products which include LPG, gasoline, diesel, and petroleum coke.
2. It outlines some key mechanical equipment used in refineries like pumps, compressors, heat exchangers, valves, and bearings.
3. It provides an overview of some refinery units including the crude distillation unit to separate crude oil fractions, the INDMAX unit to produce light olefins and gasoline, and the planning section which manages refinery maintenance and operations.
This document provides a 3-page summary of a vocational training report for a chemical engineering internship at an oil refinery in India. It describes the processes within the Atmospheric Unit (AU) of the refinery, including crude preheating and desalting, distillation in the main fractionating column, product stripping, and chemical injection facilities. It also discusses the unit's feed, products, product end uses, relevant pumps and valves, instrumentation and safety measures.
This document is a report on the instrumentation process at the Guwahati Refinery in India. It provides an overview of the refinery and describes the various instruments and control systems used to measure important process parameters like temperature, flow, pressure, and level. It also discusses the different units within the refinery like the nitrogen unit, sulfur recovery unit, hydro treating unit, hydrogen units, and INDMAX plant. The control system architecture and types of field instruments, transmitters, and control valves are also summarized.
Indian Oil: Vocational Training Report 2013Pawan Kumar
This document provides a report on a vocational training completed by Pawan Kumar at the Indian Oil Corporation Limited (IOCL) Panipat Refinery & Petrochemical Complex from June 10 to July 5, 2013. It thanks various managers and engineers at IOCL for their guidance and support during the training. The report then provides an overview of IOCL and details of the Panipat Refinery. It also describes various field instruments used for process measurement and control including pressure, temperature, flow, and level measurement as well as valves. Process control and monitoring systems used at the refinery including distributed control systems, programmable logic controllers, vibration analysis, and plant resource managers are also summarized.
This project is an outcome of 4 weeks of vocational industrial training, which I have to undergo for the partial fulfillment of the Bachelor of technology (Chemical Engineering). I have completed this training at IOCL, Brauni (Bihar), India's second oldest crude oil refinery.
The oil and gas industry in India has grown since the 1950s and plays a key role in fueling the country's economic growth. Several major public and private companies operate in the industry. The largest include state-owned Oil and Natural Gas Corporation, Indian Oil Corporation, Hindustan Petroleum Corporation, Bharat Petroleum Corporation and Gas Authority of India. The industry provides important employment opportunities and meets much of India's energy needs through oil and gas exploration, refining, distribution and other operations. The government has played a leading role in developing the industry since independence.
The document provides an overview of the oil and gas industry in India. It discusses the industry's history and growth over time. It also describes the major companies operating in the industry and their market shares. Additionally, it covers government policies and regulations related to foreign investment, pricing, and regulatory bodies that oversee the industry. The industry is growing and sees increasing private investment and participation of global companies.
Ajithkumar K.K. has 14 years of experience in oil and gas production operations. He has worked as a lead production operator on FPSOs in Angola and Vietnam. He also has experience working as a production operator for Petroleum Development Oman and as a control room operator in Qatar. Ajithkumar has expertise in oil stabilization, gas dehydration, gas sweetening, gas and water injection. He holds a diploma in chemical engineering and speaks English, Hindi, Tamil, and Malayalam.
Summer Training Report at IOCL (chemical engineering)Gaurav Singh
This document provides information about Gaurav Singh's 4-week summer training at Indian Oil Corporation Ltd in Panipat from June 1-28, 2017. It includes an acknowledgement of those who helped facilitate the training and an outline of topics to be covered in the full training report such as information about IOCL, descriptions of various units like the Crude Distillation Unit, and the objective of the training experience.
The document provides an overview of the Indian Oil Corporation's Guwahati Refinery in Assam, India. It discusses the refinery's history, products, key mechanical equipment and processes, maintenance practices, and environmental protections. The refinery produces liquefied petroleum gas, motor spirit, aviation fuel, diesel, and other products. Its main units include the crude distillation unit, delayed coking unit, and INDMAX unit. The refinery is committed to environment protection through initiatives like an ecological park and energy/water conservation efforts.
POL (Pakistan Oilfields Limited) aims to be the leading oil and gas exploration and production company in Pakistan with the highest proven reserves and production. It seeks to discover new hydrocarbon reserves and enhance production from existing reserves through applying best technologies. Its strategy is to increase current production levels through innovation and regularly adding new reserves to sustain long-term production. Its ultimate goal is to maximize shareholder returns and provide optimal value to stakeholders.
This document provides information about various departments at Byco Petroleum Pakistan Limited, an oil refinery company. It begins with an introduction to the company and overview of its operations. It then describes several key departments in detail - Environment Health and Safety department, Laboratory, and Operations department. For the Operations department, it outlines the various units and processes involved in oil refining like fractionation, reforming, LPG separation, and distributed control system. It provides details on equipment used like boilers, heat exchangers, cooling towers, and furnaces. Safety practices, permits, and personal protective equipment are also discussed for the EHS department.
The Oil and Natural Gas Value Chain; PETROLEUM INDUSTRY STRUCTURE; THE AMERICAN PETROLEUM INSTITUTE CLASSIFICATION OF THE PETROLEUM INDUSTRY; UPSTREAM OIL AND GAS SECTOR; Business Cycle of Upstream; Components of the Upstream Sector; Upstream Oil Company Targets; MIDSTREAM SECTOR; DOWNSTREAM PROCESS AND SECTOR; Distribution of Refined Products; PETROLEUM REFINING; Distillation of Crude Oil; PETROLEUM COMPANIES TYPES; International Oil Companies (IOCs); Nation Oil Companies (NOCs); Operator Companies (or Exploration and Production (E &P) Companies); Types of exploration and production companies; Service Petroleum Companies; Types of service companies; MAIN PETROLEUM COMPANIES PARTICIPANTS IN THE INTERNATIONAL OIL MARKET; SEVEN SISTERS (or ANGLO-SAXON) ; Composition and history; New Seven Sisters
The document provides details about Muhammad Ali's internship at the Pakistan Petroleum Limited (PPL) Production Department at the Sui Gas Field. It includes:
1) An overview of the departments visited including Well Service, Cathodic Protection, and the De-Hydration Plant.
2) Key learnings around well operations, maintenance, monitoring, safety systems, and the process to remove moisture from raw natural gas.
3) Acknowledgements and appreciation for the knowledge and experience gained during the internship.
This document is a report submitted by Sanket for their BBA degree at the Institute of Management Studies at Kurukshetra University. The report is on Oil & Natural Gas Corporation Limited and includes an acknowledgement, table of contents, and declarations. It discusses the energy sector in India, including its history and classification. It also covers the environmental impacts of the energy industry, such as pollution from fossil fuel combustion and potential benefits of renewable energy.
This resume is for Joseph Jaiwin Dass applying for the position of Commissioning Supervisor in oil and gas. He has over 16 years of experience in various roles such as Production Operator, Process Operator, Pre-Commissioning and Commissioning Supervisor in India and abroad. He has extensive experience in commissioning and pre-commissioning activities, startup operations, and overseeing plant operations including safety systems. He also has experience in areas such as well testing, pump operations, gas dehydration units, control systems, and utilities.
Indian Oil Corporation Limited (IOCL) is an Indian state-owned oil and gas company headquartered in New Delhi. It is the largest commercial enterprise in India. IOCL operates in various areas of the hydrocarbon value chain including refining, transportation, marketing, exploration and production. It has subsidiaries in Sri Lanka, Mauritius and the Middle East. IOCL's main business divisions are refineries, pipelines, marketing, research and development, petrochemicals, exploration and production, and explosives/cryogenics. It produces a wide range of petroleum and petrochemical products and has extensive refining and pipeline infrastructure across India.
GAIL India Ltd is India's largest natural gas company, owning and operating over 7,000 km of pipelines. It transmits over 78% of India's natural gas and markets over 70%. The document outlines GAIL's objectives, operations including pipeline infrastructure, products, and role in India's economy. It also discusses GAIL's competitors, strengths in market share, opportunities in new pipelines and customers, and threats from other companies. The conclusion reaffirms GAIL's leadership in India's natural gas market and focus on growth while maintaining standards.
The document provides an overview of the steel making process at Peoples Steel Mill Ltd Karachi, beginning with the scrap yard where different types of steel scrap are collected, then proceeding through the electric arc furnace, ladle furnace, vacuum degassing, continuous casting, and quality assurance departments. It describes the key stages and equipment used at each unit, and provides background information on steel composition and properties.
This document provides a summary of the history and operations of Oil and Natural Gas Corporation Limited (ONGC), India's largest oil and gas company. It discusses how ONGC was established in 1956 by the government of India to develop the country's oil and natural gas resources. It outlines ONGC's key discoveries and expansions from the 1960s onward, including major offshore finds. The document also provides background on ONGC's operations, locations, employees and facilities.
Mayur Amin is applying for the position of Panel Operator/DCS Operator. He has over 18 years of experience in refinery operations, including over 8 years experience working at Laffan Refinery in Qatar. He has extensive experience operating and maintaining various refinery units including hydrotreaters, distillation columns, and sweetening units. He is proficient in DCS systems from Honeywell and Foxboro and has experience commissioning and starting up new plants.
Oil and gas development company limitedUmer Bhatti
Oil and Gas Development Company Limited (OGDCL) is Pakistan's national oil and gas company, established in 1961 by the government. It is involved in exploring, drilling, refining, and selling oil and gas in Pakistan. OGDCL leads the country in terms of reserves, production, and acreage. It has discovered many oil and gas fields across Pakistan over 50 years and continues exploration and production activities to increase reserves and supply oil and gas to Pakistan. OGDCL engages in exploration, drilling operations, and production activities using qualified professionals to find and develop hydrocarbon reserves in Pakistan.
khanpersian50 Operation management slided on Shellkhan persian
Group members: Khalid Mirza F15-2075, Syed Aitzar Hussain F15-2089, Zaman Ali F15-2065, Shagufta Shafiq S16-2013.
The document is a presentation on Shell Petroleum that discusses the company's history, products, services, strategies and competitors. It provides information about Shell such as it being a global energy company headquartered in the Netherlands with over 100,000 employees worldwide. The presentation also outlines Shell's mission to meet energy needs sustainably and its vision to be a industry leader providing returns while meeting energy demand responsibly.
1. Manipal International University aims to produce well-rounded graduates through its Industrial Internship Program, which exposes students to work culture and practical application of theories over 14 weeks of compulsory internship.
2. The document describes the author's internship at the Port Dickson Refinery of Petron Malaysia, where they gained experience in the refinery's process engineering.
3. Petron's refinery intakes crude oil via pipeline and processes it through distillation towers and treating units to produce fuels like gasoline, diesel and jet fuel for domestic use.
Indian Oil: Vocational Training Report 2013Pawan Kumar
This document provides a report on a vocational training completed by Pawan Kumar at the Indian Oil Corporation Limited (IOCL) Panipat Refinery & Petrochemical Complex from June 10 to July 5, 2013. It thanks various managers and engineers at IOCL for their guidance and support during the training. The report then provides an overview of IOCL and details of the Panipat Refinery. It also describes various field instruments used for process measurement and control including pressure, temperature, flow, and level measurement as well as valves. Process control and monitoring systems used at the refinery including distributed control systems, programmable logic controllers, vibration analysis, and plant resource managers are also summarized.
This project is an outcome of 4 weeks of vocational industrial training, which I have to undergo for the partial fulfillment of the Bachelor of technology (Chemical Engineering). I have completed this training at IOCL, Brauni (Bihar), India's second oldest crude oil refinery.
The oil and gas industry in India has grown since the 1950s and plays a key role in fueling the country's economic growth. Several major public and private companies operate in the industry. The largest include state-owned Oil and Natural Gas Corporation, Indian Oil Corporation, Hindustan Petroleum Corporation, Bharat Petroleum Corporation and Gas Authority of India. The industry provides important employment opportunities and meets much of India's energy needs through oil and gas exploration, refining, distribution and other operations. The government has played a leading role in developing the industry since independence.
The document provides an overview of the oil and gas industry in India. It discusses the industry's history and growth over time. It also describes the major companies operating in the industry and their market shares. Additionally, it covers government policies and regulations related to foreign investment, pricing, and regulatory bodies that oversee the industry. The industry is growing and sees increasing private investment and participation of global companies.
Ajithkumar K.K. has 14 years of experience in oil and gas production operations. He has worked as a lead production operator on FPSOs in Angola and Vietnam. He also has experience working as a production operator for Petroleum Development Oman and as a control room operator in Qatar. Ajithkumar has expertise in oil stabilization, gas dehydration, gas sweetening, gas and water injection. He holds a diploma in chemical engineering and speaks English, Hindi, Tamil, and Malayalam.
Summer Training Report at IOCL (chemical engineering)Gaurav Singh
This document provides information about Gaurav Singh's 4-week summer training at Indian Oil Corporation Ltd in Panipat from June 1-28, 2017. It includes an acknowledgement of those who helped facilitate the training and an outline of topics to be covered in the full training report such as information about IOCL, descriptions of various units like the Crude Distillation Unit, and the objective of the training experience.
The document provides an overview of the Indian Oil Corporation's Guwahati Refinery in Assam, India. It discusses the refinery's history, products, key mechanical equipment and processes, maintenance practices, and environmental protections. The refinery produces liquefied petroleum gas, motor spirit, aviation fuel, diesel, and other products. Its main units include the crude distillation unit, delayed coking unit, and INDMAX unit. The refinery is committed to environment protection through initiatives like an ecological park and energy/water conservation efforts.
POL (Pakistan Oilfields Limited) aims to be the leading oil and gas exploration and production company in Pakistan with the highest proven reserves and production. It seeks to discover new hydrocarbon reserves and enhance production from existing reserves through applying best technologies. Its strategy is to increase current production levels through innovation and regularly adding new reserves to sustain long-term production. Its ultimate goal is to maximize shareholder returns and provide optimal value to stakeholders.
This document provides information about various departments at Byco Petroleum Pakistan Limited, an oil refinery company. It begins with an introduction to the company and overview of its operations. It then describes several key departments in detail - Environment Health and Safety department, Laboratory, and Operations department. For the Operations department, it outlines the various units and processes involved in oil refining like fractionation, reforming, LPG separation, and distributed control system. It provides details on equipment used like boilers, heat exchangers, cooling towers, and furnaces. Safety practices, permits, and personal protective equipment are also discussed for the EHS department.
The Oil and Natural Gas Value Chain; PETROLEUM INDUSTRY STRUCTURE; THE AMERICAN PETROLEUM INSTITUTE CLASSIFICATION OF THE PETROLEUM INDUSTRY; UPSTREAM OIL AND GAS SECTOR; Business Cycle of Upstream; Components of the Upstream Sector; Upstream Oil Company Targets; MIDSTREAM SECTOR; DOWNSTREAM PROCESS AND SECTOR; Distribution of Refined Products; PETROLEUM REFINING; Distillation of Crude Oil; PETROLEUM COMPANIES TYPES; International Oil Companies (IOCs); Nation Oil Companies (NOCs); Operator Companies (or Exploration and Production (E &P) Companies); Types of exploration and production companies; Service Petroleum Companies; Types of service companies; MAIN PETROLEUM COMPANIES PARTICIPANTS IN THE INTERNATIONAL OIL MARKET; SEVEN SISTERS (or ANGLO-SAXON) ; Composition and history; New Seven Sisters
The document provides details about Muhammad Ali's internship at the Pakistan Petroleum Limited (PPL) Production Department at the Sui Gas Field. It includes:
1) An overview of the departments visited including Well Service, Cathodic Protection, and the De-Hydration Plant.
2) Key learnings around well operations, maintenance, monitoring, safety systems, and the process to remove moisture from raw natural gas.
3) Acknowledgements and appreciation for the knowledge and experience gained during the internship.
This document is a report submitted by Sanket for their BBA degree at the Institute of Management Studies at Kurukshetra University. The report is on Oil & Natural Gas Corporation Limited and includes an acknowledgement, table of contents, and declarations. It discusses the energy sector in India, including its history and classification. It also covers the environmental impacts of the energy industry, such as pollution from fossil fuel combustion and potential benefits of renewable energy.
This resume is for Joseph Jaiwin Dass applying for the position of Commissioning Supervisor in oil and gas. He has over 16 years of experience in various roles such as Production Operator, Process Operator, Pre-Commissioning and Commissioning Supervisor in India and abroad. He has extensive experience in commissioning and pre-commissioning activities, startup operations, and overseeing plant operations including safety systems. He also has experience in areas such as well testing, pump operations, gas dehydration units, control systems, and utilities.
Indian Oil Corporation Limited (IOCL) is an Indian state-owned oil and gas company headquartered in New Delhi. It is the largest commercial enterprise in India. IOCL operates in various areas of the hydrocarbon value chain including refining, transportation, marketing, exploration and production. It has subsidiaries in Sri Lanka, Mauritius and the Middle East. IOCL's main business divisions are refineries, pipelines, marketing, research and development, petrochemicals, exploration and production, and explosives/cryogenics. It produces a wide range of petroleum and petrochemical products and has extensive refining and pipeline infrastructure across India.
GAIL India Ltd is India's largest natural gas company, owning and operating over 7,000 km of pipelines. It transmits over 78% of India's natural gas and markets over 70%. The document outlines GAIL's objectives, operations including pipeline infrastructure, products, and role in India's economy. It also discusses GAIL's competitors, strengths in market share, opportunities in new pipelines and customers, and threats from other companies. The conclusion reaffirms GAIL's leadership in India's natural gas market and focus on growth while maintaining standards.
The document provides an overview of the steel making process at Peoples Steel Mill Ltd Karachi, beginning with the scrap yard where different types of steel scrap are collected, then proceeding through the electric arc furnace, ladle furnace, vacuum degassing, continuous casting, and quality assurance departments. It describes the key stages and equipment used at each unit, and provides background information on steel composition and properties.
This document provides a summary of the history and operations of Oil and Natural Gas Corporation Limited (ONGC), India's largest oil and gas company. It discusses how ONGC was established in 1956 by the government of India to develop the country's oil and natural gas resources. It outlines ONGC's key discoveries and expansions from the 1960s onward, including major offshore finds. The document also provides background on ONGC's operations, locations, employees and facilities.
Mayur Amin is applying for the position of Panel Operator/DCS Operator. He has over 18 years of experience in refinery operations, including over 8 years experience working at Laffan Refinery in Qatar. He has extensive experience operating and maintaining various refinery units including hydrotreaters, distillation columns, and sweetening units. He is proficient in DCS systems from Honeywell and Foxboro and has experience commissioning and starting up new plants.
Oil and gas development company limitedUmer Bhatti
Oil and Gas Development Company Limited (OGDCL) is Pakistan's national oil and gas company, established in 1961 by the government. It is involved in exploring, drilling, refining, and selling oil and gas in Pakistan. OGDCL leads the country in terms of reserves, production, and acreage. It has discovered many oil and gas fields across Pakistan over 50 years and continues exploration and production activities to increase reserves and supply oil and gas to Pakistan. OGDCL engages in exploration, drilling operations, and production activities using qualified professionals to find and develop hydrocarbon reserves in Pakistan.
khanpersian50 Operation management slided on Shellkhan persian
Group members: Khalid Mirza F15-2075, Syed Aitzar Hussain F15-2089, Zaman Ali F15-2065, Shagufta Shafiq S16-2013.
The document is a presentation on Shell Petroleum that discusses the company's history, products, services, strategies and competitors. It provides information about Shell such as it being a global energy company headquartered in the Netherlands with over 100,000 employees worldwide. The presentation also outlines Shell's mission to meet energy needs sustainably and its vision to be a industry leader providing returns while meeting energy demand responsibly.
1. Manipal International University aims to produce well-rounded graduates through its Industrial Internship Program, which exposes students to work culture and practical application of theories over 14 weeks of compulsory internship.
2. The document describes the author's internship at the Port Dickson Refinery of Petron Malaysia, where they gained experience in the refinery's process engineering.
3. Petron's refinery intakes crude oil via pipeline and processes it through distillation towers and treating units to produce fuels like gasoline, diesel and jet fuel for domestic use.
Attock Petroleum Company Limited is an oil marketing company in Pakistan. Its net sales revenue increased 40% in 2012 compared to 2011 due to higher average prices and sales volumes. However, profitability decreased 3% in 2012 due to price decreases late in the year, competition, and an export ban to Afghanistan. The company's current and quick ratios in 2012 were lower than 2011 because of increasing current assets and liabilities from rising circular debt, though it can still meet short-term obligations. Inventory turnover decreased from 2011 to 2012, showing the company is not managing inventory well due to overstocking. Total assets and fixed assets turnover both increased from 2011 to 2012, demonstrating better utilization of company resources.
Oil and Gas Development Company Limited (OGDCL) is Pakistan's national oil and gas exploration and production company. It was established in 1961 and is responsible for developing Pakistan's oil and gas reserves. OGDCL has over 100 oil and gas field discoveries, and is the largest exploration company in Pakistan in terms of reserves, production, and acreage. It plays a key role in meeting Pakistan's energy needs and employs over 11,000 professionals.
This project report summarizes the history and operations of Indian Oil Corporation Limited (IOCL). IOCL was established in 1964 by merging Indian Refineries and Indian Oil Company to oversee petroleum operations in India. It is now India's largest commercial enterprise and one of the largest petroleum companies in the world, with a network of refineries, pipelines, and fuel stations across India. IOCL's vision is to become a major, diversified, transnational energy company playing a key role in India's oil security and distribution needs.
The document provides an overview of processes and departments at Pakistan Petroleum Limited (PPL), the largest natural gas supplier in Pakistan. It details PPL's history and operations. Key points include:
1) PPL operates the country's largest gas field at Sui and engages in exploration, drilling, production, purification and distribution of natural gas.
2) Major departments discussed include Exploration, Development, Production, Purification, Planning, Administration and Quality/Safety departments.
3) Detailed descriptions of purification plants and processes carried out at each stage of production are provided.
Shiaz Vivek has a chemical engineering degree with honors and additional qualifications including a post-graduate diploma in petrochemical engineering and certifications in quality auditing and project management. He has worked in various process engineering roles for companies in paints, oil and gas refining, distilling, and chemicals manufacturing. His experience includes projects in design, operations, production, and project management across different industries.
Summer Training Report of EIL Refinery Processes ArchitTodi1
This document provides a summary of the author's summer training report on refinery processes and equipment sizing at Engineers India Ltd from July 1-26, 2019. It includes an introduction to the company, an overview of refining operations such as the block flow diagram, distillation units, hydrotreating, FCCU, and hydrogen production. Key terms like crude oil characteristics, refining steps, and major petroleum products are also defined.
This document provides an overview of Indian Oil Corporation Limited (IOCL) and discusses the objective of selecting pumps for their cross-country pipeline system. IOCL is India's largest oil and gas company, with a large refining capacity and extensive retail network. The document discusses the types of pumps used in oil industries, focusing on centrifugal pumps. It explains that the objective is to understand IOCL's pump selection process by examining key pump characteristics like pressure, velocity and head, and how these are used to create characteristic curves and select pumps to keep costs low and efficiency high.
This document provides an analysis report on Oil and Natural Gas Corporation Limited (ONGC). It includes sections on the company introduction, brief history, planning, organizing, leading, controlling, opportunities, and bibliography. Some key points:
- ONGC is India's largest oil and gas company, producing ~30% of India's oil and ~50% of its natural gas. It was established in 1956 and is majority owned by the Indian government.
- The company has grown significantly over 50+ years of operations to become one of the largest oil and gas producers in Asia. It has over 11,000 km of pipelines in India and international subsidiaries operating in 15 countries.
- ONGC has a hierarchical
Bharat Petroleum Corporation Ltd. (BPCL) is an Indian state-owned oil and gas company. It was established in 1976 after the Indian government acquired Burmah Shell. BPCL operates several oil refineries in India and has subsidiaries involved in oil exploration and natural gas distribution. The company's vision is to be the most admired global energy company and the first choice for customers. It aims to meet India's growing energy needs while pursuing economic growth and global competitiveness in the energy sector.
To Madam Ayesha...Financial Analysis of PSOSam Royale
This is the financial analysis with all financial ratios calculated. I feel very sorry to say that my project was considered copy paste.Although it was a damn 1 day work out.
This document provides an overview of Jam Petrochemical Complex (JPC), one of Iran's largest petrochemical companies. It details JPC's history, location and advantages, vision, mission, goals, values, shareholders, board of directors, products, production capabilities, position in stock market and global market, subsidiaries, and environmental activities. JPC has an annual production capacity of 1.9 million metric tons across different product units and exports over 300,000 metric tons of products to 20 countries annually. It aims to be a leading global and distinguished company in the petrochemical industry through expanding its value chain and increasing competitive advantages internationally.
The document provides information about Oil and Gas Development Company Limited (OGDCL). Some key points:
- OGDCL is Pakistan's largest exploration and production company, engaged in drilling and production of oil and gas.
- It has increased production targets for gas and oil in fiscal year 2015 through adding new licenses and rigs.
- The company aims to become a leading multinational E&P firm through increasing domestic and international exploration while utilizing strategic alliances.
- OGDCL conducts SWOT and competitive analyses to evaluate its position and identify areas of strength and improvement.
This document provides an objective for an internship at Indian Oil Corporation to study the company's oil and petroleum distribution processes. It discusses that centrifugal pumps are widely used in oil industries for processes like pumping crude oil. The document then outlines that the report will study the types of pumps used in India, focusing on centrifugal pumps, and discuss the main characteristics considered for pump selection like pressure, velocity and head. It will examine pump selection graphs and data sheets to understand how Indian Oil Corporation chooses pumps with low costs and high efficiency.
This document provides information about Shell Pakistan Limited, including its history, mission, vision, management, and basic business principles. Some key points:
- Shell Pakistan has been operating in the country since 1903 and is now 76% owned by Royal Dutch Shell.
- Its mission is to meet energy needs in an economically, socially and environmentally responsible manner.
- The vision is to reinforce its position as an oil/gas industry leader and provide competitive shareholder returns through responsible growth.
- Jawwad Cheema is the current CEO and managing director, overseeing operations and Shell's global business services.
Pakistan State Oil is a state-owned petroleum company based in Karachi, Pakistan. It has over 3,500 retail outlets and serves both retail and bulk customers. The company aims to be an innovative energy company of the future. It was established in 1974 and has over 3,000 employees. While the company has achieved market leadership, it faced challenges such as declining performance and dissatisfied employees that led to high turnover. The company addressed these issues through reforms like developing an ethanol alternative fuel, establishing HR departments in local offices, increasing employee salaries, and improving the work environment for managers.
This document provides an overview and summary of an internship project conducted by Vindyanchal Kumar at Indian Oil Corporation in Bhopal and Indore, India from June to August 2012. The project involved surveying transporters and retail outlets about the Xtra Power Fleet loyalty card program. The document includes an introduction to Indian Oil Corporation, a description of the project objectives and methodology, chapters on data collection and analysis, and conclusions and recommendations. It also acknowledges those who provided guidance and support during the internship.
ONGC is India's largest crude oil and natural gas company, contributing 70% of domestic production. It has over 33,500 employees working in exploration and production. Day 1 of the visit overviewed ONGC and included department tours. It discussed ONGC's technologies like 3D virtual reality centers, SAP implementation, and projects on carbon reduction. Day 2 included visits to GEOPIC labs for seismic processing and interpretation and geo-chemistry/microbiology labs. GEOPIC has specialized infrastructure and processing capabilities to aid exploration.
Similar to Internship report on Pakistan Oilfields Limited (POL) (20)
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
New Visa Rules for Tourists and Students in Thailand | Amit Kakkar Easy VisaAmit Kakkar
Discover essential details about Thailand's recent visa policy changes, tailored for tourists and students. Amit Kakkar Easy Visa provides a comprehensive overview of new requirements, application processes, and tips to ensure a smooth transition for all travelers.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
Discover the Future of Dogecoin with Our Comprehensive Guidance36 Crypto
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
University of North Carolina at Charlotte degree offer diploma Transcripttscdzuip
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
5. INTERNSHIP REPORT
Executive Summary
I did Six weeks internship at Pakistan Oilfields Limited, as a
compulsory for my BBA (Hons) Degree Program from
Foundation University Rawalpindi Campus (FURC).It is
6. necessary for every student to do internship with any
organization with relevant their subject of Study. The stipulation
is a way of familiarizing the students with the practical world
which they intend to enter after the completion of their
education.
During the tenure of my internship I got an opportunity to
understand the organization and apply my knowledge and
theoretical concepts in a better manner. This report precisely
states my experience.
The following report has been written on the format provided by
the University Administration. It initiates with the Introduction
of the Company, background and proceeds with its contribution
to Pakistan’s Economy.
COMPANY INFORMATION :
Pakistan Oilfields Limited (POL) is a leading oil and gas
exploration and production company listed on all the three stock
exchanges of Pakistan. The Company's prime focus is to deliver
7. performance through excellence in the field of exploration,
drilling and production of crude oil and gas.
Pakistan Oilfields Limited (POL), a subsidiary of The Attock
Oil Company Limited (AOC), was incorporated on November
25, 1950. AOC was founded in 1913 and made its first oil
discovery in 1915 at Khaur, District Attock. AOC has, therefore,
pioneered exploration and production of oil and gas in this
region nearly a century ago. In 1978, POL took over the
exploration and production business of AOC. Since then, POL
has been investing independently and in joint venture with
various exploration and production companies for the search of
oil and gas in the country.
In addition to exploration and production of oil and gas, POL
also manufactures LPG, Solvent Oil and Sulphur. POL markets
LPG under its own brand named POLGAS as well as through its
subsidiary CAPGAS (Private) Limited. POL also operates a
network of pipelines for transportation of its own as well as
other companies' crude oil to Attock Refinery Limited.
In 2005, the Company acquired a 25% share in National
Refinery Limited, which is the only refining complex in the
country producing fuel products as well as lube base oils.
8. Stock Exchange Symbol:POL
CompanyStatus: Listed Company
CUIN Registration#: 0000408
NationalTax#:0657658-3
Sales Tax Reg. #: 07-03-2802-001-46
SUBSIDIARY - CAPGAS (PRIVATE) LIMITED
CAPGAS (Private) Limited is a subsidiary of Pakistan Oilfields
Limited. CAPGAS was incorporated on June 04, 1989 and
commenced its operations in March 1991.
CAPGAS is engaged in storage, filling and distribution of
Liquefied Petroleum Gas (LPG) and receiving LPG from Adhi
field operated by PPL and PARCO. CAPGAS utilizes its own
bowzer to transport PARCO LPG from Mahmood Kot to Adhi.
CAPGAS has a vast distribution and marketing network in
Punjab, KPK/FATA, Azad Jammu Kashmir and Gilgit Baltistan,
fulfilling the fuel requirements of over 92,000 consumers.
9. CAPGAS has introduced excellent quality imported cylinders
which are made to the highest specifications under third party
inspection. CAPGAS has an electronic filing system to provide
full weight of 11.8 Kg, 15 Kg & 45.4 Kg of LPG in cylinders to
its consumers. CAPGAS has imported computerized filling
control system from Denmark. It has been installed with eight
electronic filling machines, the activity of which is now being
controlled and monitored through this system. The system also
caters for recording filling data in respect of these machines
which is also retrieved for office purposes.
The Company has a paid up capital of Rs.6.75 million, 51% of
which is being held by Pakistan Oilfields Limited.
Vision, Mission & Core Values
Vision :
To be the leading oil and gas exploration and production
Company of Pakistan with the highest proven hydrocarbon
reserves and production, and which provides optimum value to
all stakeholders.
10. Mission :
We aim to discover and develop new hydrocarbon reserves and enhance
production from existing reserves through the application of the best
available technologies and expertise. In achieving our aim, we will
maximize the return to our shareholders, fully protect the environment,
enhance the well-being of our employees and contribute to the national
economy.
Core Values :
Leadership:
POL values leadership qualities with the necessary managerial
and professional competence coupled with integrity, energy and
the drive to challenge the status quo.
Continuous quality improvement:
11. We strongly believe that quality and an unyielding commitment
to continuous improvement are indispensable ingredients to
achieving success. At POL, we encourage and promote an
environment conducive to the development of breakthrough
ideas leading to innovative solutions.
Ethics and integrity:
Honesty, ethical behavior and integrity combined with the
highest professional and personal standards form the cornerstone
of all our activities.
Profitability:
We believe in maximizing the return to our shareholders and
enhancing the long term profitability of the company through
the application of the best available technology and expertise.
Employees’ growth and development:
We believe in the creation of an environment focused on
encouraging and empowering employees to contribute to the
company’s success through personal growth and development.
Community involvement:
We strongly believe actively involving the communities in
which we operate for the advancement of their cultural and
social life.
12. Safety, health and environment:
We care about the health and safety of our employees and of the
communities in which we conduct our business. We remain
deeply committed to respect and protect the environment.
PRODUCTSOF PAKISTANOIL FIELDS(POL)
Crudeoil
Solvent oil
Naturalgas
13. Lpg
Sulphur
Crude oil:
Crude oil is a naturally occurring, unrefined petroleum product
composed of hydrocarbon deposits and other organic materials.
Crude oil can be refined to produce usable products such as
gasoline, diesel and various forms of petrochemicals.
Solventoil:-
An oil solvent is a chemical compound that breaks down
petroleum products, such as oil, to leave a clean, oil-free finish
on a floor, machinery or metal parts.
Naturalgas:-
Natural gas occurs deep beneath the earth's surface.
Natural gas consists mainly of methane, a compound with one
carbon atom and four hydrogen atoms. Natural gas also contains
14. small amounts of hydrocarbon gas liquids and nonhydrocarbon
gases. We use natural gas as a fuel and to make materials and
chemicals.
Sulphur:-
Sulphur is a chemical element with symbol S and
atomic number 16.
Sulphur is an essential element for all life. Sulfur has elements
that can eliminate acne, so it is included in their treatments.
Medications for dandruff, pityriasis versicolor rosacea and warts
have this ingredient. Seborrheic dermatitis and scabies can be
treated with this element. Sulfur is effective because of its
keratotic, antibacterial and anti-fungal properties. Combining
alcohol and sulfur can be used to treat acne and other skin
disorders.
Liquefied petroleumgas (LPG):-
15. LPG – Liquefied Petroleum Gas –
describes flammable hydrocarbon gases including propane,
butane and mixtures of these gases. LPG is used as heating,
cooking and auto fuel. LPG comes from natural gas processing
and petroleum refining. LPG gases can all be compressed into
liquid at relatively low pressures. LPG is generally stored, as a
liquid, in steel vessels ranging from small BBQ gas bottles to
larger gas cylinders and LPG storage tanks
JOINTVENTURESSECTION
(Week1)
SHARE HOLDING IN EXPLORATION LICENSES and
making the D/P Mining Leases
Exploration Licenses:
Ikhkas (POL) 80 %
Kirthar Sindh (POL) 85 %
D.G Khan (POL) 70 %
Gurgalot (OGDCL) 20 %
Tal Block (MOL) 25%
Margala (MOL) 30%
17. OIL WELL GAS REFINING
Planning :
Before a well is drilled, a geologic target is identified by a
geologist or geophysicist to meet the objectives of the well.
For a production well, the target is picked to optimize
production from the well and manage reservoir drainage.
For an exploration or appraisal well, the target is chosen to
confirm the existence of a viable hydrocarbon reservoir or
to ascertain its extent.
For an injection well, the target is selected to locate the
point of injection in a permeable zone, which may support
disposing of water or gas and /or pushing hydrocarbons
into nearby production wells.
Drilling:
The well is created by drilling a hole 12 cm to 1 meter (5 in
to 40 in) in diameter into the earth with a drilling rig that
rotates a drill string with a bit attached. After the hole is
18. drilled, sections of steel pipe (casing), slightly smaller in
diameter than the borehole, are placed in the hole. Cement
may be placed between the outside of the casing and the
borehole known as the annulus. The casing provides
structural integrity to the newly drilled wellbore, in
addition to isolating potentially dangerous high pressure
zones from each other and from the surface.
With these zones safely isolated and the formation
protected by the casing, the well can be drilled deeper (into
potentially more-unstable and violent formations) with a
smaller bit, and also cased with a smaller size casing.
Modern wells often have two to five sets of subsequently
smaller hole sizes drilled inside one another, each cemented
with casing.
COMPLETION :
After drilling and casing the well, it must be 'completed'.
Completion is the process in which the well is enabled to
produce oil or gas.
In a cased-hole completion, small holes called perforations
are made in the portion of the casing which passed through
the production zone, to provide a path for the oil to flow
from the surrounding rock into the production tubing. In
open hole completion, often 'sand screens' or a 'gravel pack'
is installed in the last drilled, uncased reservoir section.
These maintain structural integrity of the wellbore in the
19. absence of casing, while still allowing flow from the
reservoir into the wellbore. Screens also control the
migration of formation sands into production tubulars and
surface equipment, which can cause washouts and other
problems, particularly from unconsolidated sand formations
of offshore fields.
After a flow path is made, acids and fracturing fluids may
be pumped into the well to fracture, clean, or otherwise
prepare and stimulate the reservoir rock to optimally
produce hydrocarbons into the wellbore. Finally, the area
above the reservoir section of the well is packed off inside
the casing, and connected to the surface via a smaller
diameter pipe called tubing. This arrangement provides a
redundant barrier to leaks of hydrocarbons as well as
allowing damaged sections to be replaced. Also, the smaller
cross-sectional area of the tubing produces reservoir fluids
at an increased velocity in order to minimize liquid fallback
that would create additional back pressure, and shields the
casing from corrosive well fluids.
In many wells, the natural pressure of the subsurface
reservoir is high enough for the oil or gas to flow to the
surface. However, this is not always the case, especially in
depleted fields where the pressures have been lowered by
other producing wells, or in low permeability oil reservoirs.
Installing a smaller diameter tubing may be enough to help
the production, but artificial lift methods may also be
needed. Common solutions include downhole pumps, gas
20. lift, or surface pump jacks. Many new systems in the last
ten years have been introduced for well completion.
Multiple packer systems with frac ports or port collars in an
all in one system have cut completion costs and improved
production, especially in the case of horizontal wells. These
new systems allow casings to run into the lateral zone with
proper packer/frac port placement for optimal hydrocarbon
recovery.
Production :
The production stage is the most important stage of a well's
life; when the oil and gas are produced. By this time, the oil rigs
and workover rigs used to drill and complete the well have
moved off the wellbore, and the top is usually outfitted with a
collection of valves called a Christmas tree or production tree.
These valves regulate pressures, control flows, and allow access
to the wellbore in case further completion work is needed. From
the outlet valve of the production tree, the flow can be connected
to a distribution network of pipelines and tanks to supply the
product to refineries, natural gas compressor stations, or oil
export terminals.
As long as the pressure in the reservoir remains high enough, the
production tree is all that is required to produce the well. If the
pressure depletes and it is considered economically viable, an
artificial lift method mentioned in the completions section can
be employed.
21. Workovers are often necessary in older wells, which may need
smaller diameter tubing, scale or paraffin removal, acid matrix
jobs, or completing new zones of interest in a shallower
reservoir. Such remedial work can be performed using workover
rigs – also known as pulling units, completion rigs or "service
rigs" – to pull and replace tubing, or by the use of well
intervention techniques utilizing coiled tubing. Depending on
the type of lift system and wellhead a rod rig or flushby can be
used to change a pump without pulling the tubing.
Enhanced recovery methods such as water flooding, steam
flooding, or CO2 flooding may be used to increase reservoir
pressure and provide a "sweep" effect to push hydrocarbons out
of the reservoir. Such methods require the use of injection wells
(often chosen from old production wells in a carefully
determined pattern), and are used when facing problems with
reservoir pressure depletion, high oil viscosity, or can even be
employed early in a field's life. In certain cases – depending on
the reservoir's geomechanics – reservoir engineers may
determine that ultimate recoverable oil may be increased by
applying a waterflooding strategy early in the field's
development rather than later. Such enhanced recovery
techniques are often called "tertiary recovery".
22. Accounts Payable Section
(Week 2)
Accounts Payable Specialist
Job Description
Review all invoices for appropriate documentation and
approval prior to payment
Sort and distribute incoming mail
23. Process 3 way P.O. matching invoices, up to 100 plus line
items
Prioritize invoices according to cash discount potential and
payment terms
Process check requests
Audit and process credit card bills
Match invoices to checks, obtain all signatures for checks
and distribute checks accordingly
1099 maintenance
Respond to all vendor inquiries
Reconcile vendor statements, research and correct
discrepancies
Assist in month end closing
Maintain files and documentation thoroughly and
accurately, in accordance with company policy and
accepted accounting practices
Assist with other projects as needed.
There Are Three Categories:
COMPANY
AOPs
INDIVIDUALS
24. Sale of goods to the companies by
FMCG (Fast Moving Consuming Goods) which are
companies 3%.
Sales of goods by FMCG distributors which are not
companies 3.5% .
SALES TAX RATES Punjab
Federal Goods = 17% Series = 16 %
F/D Series = 16 %
General Goods Rate All Over Pakistan.
CORPORATE Affairs Section
(WEEK 3)
Physical share.
CDC Share. (Central Deposit Company Limited).
Half Annual Share
Interm Share
25. Final Dividend :
No . Of
Shares.
Value Gross
Dividend
(250%)
Zakat
(2.5) %
Tax Net
Dividend
Tax Rate
288 2880 7200 72 900 6228 12.5%
130 1300 3250 32.5 650 2567.5 20%
Interm Dividend :
No . Of
Shares
Value Gross
Dividend
(250%)
Zakat
(2.5) %
Tax Net
Dividend
288 2880 7200 - 900 6300 Filler
130 1300 3250 - 650 2600 Non-Filler
Tasks Performed by The Corporate Affairs
Section
Transfer Deed
Verfication Of Transfer Deed
Transfer Of Shares
Transmission Of Shares
Physical Shares
26. CDC Shares
Computation Of Shares
Current StockSituationOfPOL (PakistanOilFields Limited)
In StockMarket
LDCP Open Rate High rate Low Rate Closing
Rate
turnover CDC
Shares
443.75 441 456.5 441 4522 275750 5058
TotalNumberofshares= 108338706.00
PhysicalShares= 236545920.00
FORMS USED FOR OFFICIAL PURPOSE IN
CORPORATE AFFAIRS
FORM NO :- 26
SPECIALRESOLUTION
27. FORM NO :- 28
&
FORM NO :- 27
POL (PAKISTAN OIL FILEDS)GAS ACCOUNTING
(WEEK 4)
Over Looked transportation invoices.
Verfied delivery notes of Cylinders.
They also purchase some gas from ARL and PARCO to
form LPG gas and fill into gas cylinders and sale it.
Checked purchases from RATANA LPG.
Check sales summary Plant Wise.
PURCHASESPARTNERS :-
OGDCL
(Oil Gas Develpoment corporation limited )
BOBI
28. KUNNAR
NRL (NATIONAL REFINARY LIMITED )
PARCO PAKISTAN ARAB-REFINARY COMPANY
GHPL (Govt Holding Private Limited)
MOL
Imported for others as well ……
Sales :
350 Distributors Of POLGas.
SELLLING PLANTS :-
Meyal
Pindori
Sahiwal
Types Of Cylinders
15 KGs = Security Rs.4500 Per Cylinder
35 KGs = Security Rs 8200 Per Cylinder
29. Transport Contractor :
Saleem and Company
AMER AFSAR KHAN (AAK)
SALES ACCOUNTING & RELATED ISSUES Section
(Week 5 )
DPR = Daily Production Report + Excise Duty.
Royalty (A specific mount paid in terms of taxes to an individual
or Government.)
Royalty is payable within 10 days.
Royalty is upon arrange for
transportation,treatment,storage of Royalty Petroleum.
Royalty,the reward of the landlord for allowing
exploitation of the resources which he owns,becomes
payable with commencement of production.
POL Products :-
Crude Oil
Condensate – Lite Oil
30. LPG (Liquified Petroleum Gas) - Shrinkage
Sulphur – Merit Tons
Natural Gas - MMCF
Solvent Oil - Litre
Natural Gas Own Fields Pakistan Oilfields
Limited
100 % Own feilds
Meyal & Dhulian (Sale to SNGPL)
Balkasar (Own Usage)
Own Operated Joint Ventures
Pindori = (POL,OGDCL,AOC)
Pariwali = (POL,GHPL)
Turkwal = (POL,AOC) Ptoduction is used for own Use.
Non – Operated Joint Ventures
Makori
Makori East
Manzalai
32. POL Fund section is employee oriented and works for the staff
benefits.Five types of funds in POL which are as follows:
Staff Provident Fund (SPF)
General Provident Fund (GPF)
Management Staff Provident Fund (MSPF)
Workers Profit Participation Fund (WPPF)
Gratuity Fund (GF)
Staff Provident Fund (SPF)
This fund is for the permanent management staff.It comprises
of 20 % of the basic salary of the employees in which 10% is
deducted from the employees salary which is called
“Employee Subscription” and 10% is contributed by the
companywhuch is called “Company Subscription”. SPF is
the cumulative amount and will be given to the employee at
he time of the resignation or retirement from the company’s
service.
General Staff Provident Fund (GSPF)
General Staff Provodent Fund is the fund Formed for non –
management employees.It is calculated similarly like a staff
provident fund.
33. Management Staff Pension Funds (MSPF)
Management Staff Pension fund is the fund that is contributed
totally by the Company.This Fund is for all senior management and
jumior management staff.It comprises Of 14.65% of the basic salary ans
is totally cntributed by the company on monthly basis. At the time of
retirement each employee receivesq pension which is calculated as
follow :
Monthly Pension= Average Basic salary at the time of Retirement*
Service year * 2.3 %
Workers Profit Participation Fund (WPPF)
Workers profit participation Fund is a type of fund which is applied on
5 % of profit before tax of a company.It is distibuted among the
government and workers.Contribution of 5 % of profit before tax will
be given to the fund’s trustee on 1st July of each year.WPPF has its own
account :
Term Finance Cerificates (TFCs)
Term Deposit Receipts (TDRs)
Gratuity :
The company contributes one month gross month salaray of
each management and non- management to funds on regular
basis.The benefit is given to workerss equivalent to one month
slary of their service of each year but maximum upto 39 years of
service.
34. Period of service
Service up to 5 years.
Service from 5 – 15 years.
Service more than 15 years.
GratuityBenefits
No gratuity.
Half basic salary for each year service.
Full basic salary for each year.
InvestmentProcedure:
Investment option must be presented in trustees meetings,
quotations are received from many financial institutions along
with their ratings. Funds are invested in best financial
institutions, where the funds of employees are safe, sound and
risk free.
35. CONCLUSION
Pakistan oil fields has an excellent working environment. I
personally had a wonderful time thorough tout my 6 weeks of
internship because I found everyone friendly, honest & helpful.
There is a consideration for each other in times of happiness and
in times of pressure of work. It was a great experience for me.
I was lucky enough to work with a group of enthusiastic and
communicative people who shared their knowledge. I learned
about team work and about the Industrial environment and how
everything work in professional environment. I learned a lot in
the field of Sales and Accounting, making the record of invoices
and paying the Royalty to the Government, the process of
calculation of royalty was very interesting .Similarly the shares
holders record keeping and calculation of the shares, its amount
and knowledge about the Funds was very helpful for me as it
improves my knowledge regarding employees funds and its
approval and processing.