Pharaon Group
   HOME

TheInfoList



OR:

Attock Oil Company, informally called Attock Group, also known as the Pharaon Group, is a UK-domiciled
conglomerate company A conglomerate () is a type of multi-industry company that consists of several different and unrelated business entities that operate in various industries. A conglomerate usually has a parent company that owns and controls many subsidiaries, ...
based in
Manchester Manchester () is a city and the metropolitan borough of Greater Manchester, England. It had an estimated population of in . Greater Manchester is the third-most populous metropolitan area in the United Kingdom, with a population of 2.92&nbs ...
,
England England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It ...
,
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotlan ...
. It is the sole vertically integrated oil conglomerate company active in
Pakistan Pakistan, officially the Islamic Republic of Pakistan, is a country in South Asia. It is the List of countries and dependencies by population, fifth-most populous country, with a population of over 241.5 million, having the Islam by country# ...
i market. The group is owned by the Pharaon family.


History

Attock Oil Company Limited (AOC) was incorporated in
England England is a Countries of the United Kingdom, country that is part of the United Kingdom. It is located on the island of Great Britain, of which it covers about 62%, and List of islands of England, more than 100 smaller adjacent islands. It ...
on 1 December 1913, and extended into Pakistan as a branch office of a foreign company for the principal business of exploration, drilling and production of petroleum products. AOC met its first oil discovery in 1915 at
Khaur Khaur is a town and union council in Pindigheb Tehsil of Attock District in Punjab Province of Pakistan. Khaur Oil Field The town is the first site of an oilfield in Punjab which operated from 1911 to the 1950s. The first commercial success ...
,
Attock District Attock District ( Punjabi/Urdu), known as Campbellpur District during British Raj, is a district, located on the Pothohar Plateau, in north western Punjab, Pakistan; created in April 1904. According to 2023 Pakistani census population of Att ...
. Thereafter, AOC made significant contributions in promoting oil and gas exploration in the country by opening up the Potohar Basin as a new oil province. The Potohar Basin remained the only oil producing basin in Pakistan till the early 1970s. Although the company was established by British entrepreneurs, control was purchased by Saudi investor
Ghaith Pharaon Ghaith Rashad Pharaon (; September 7, 1940 – January 6, 2017) was a Saudi fugitive financier and businessman who was founder of Attock Group, Attock Cement, and at one time an investor in the Bank of Credit and Commerce International (BCCI), ...
in the 1970s. Pharaon's family still own the company. In 2004, Attock invested in Pakistan. It included: petroleum pipeline from Machike,
Lahore Lahore ( ; ; ) is the capital and largest city of the Administrative units of Pakistan, Pakistani province of Punjab, Pakistan, Punjab. It is the List of cities in Pakistan by population, second-largest city in Pakistan, after Karachi, and ...
to Taru Jabba,
Peshawar Peshawar is the capital and List of cities in Khyber Pakhtunkhwa by population, largest city of the Administrative units of Pakistan, Pakistani province of Khyber Pakhtunkhwa. It is the sixth most populous city of Pakistan, with a district p ...
, and a 150 MW power plant in
Rawalpindi District Rawalpindi District (Punjabi language, Punjabi and ) is a Districts of Pakistan, district located in the northernmost part of the Punjab (Pakistan), Punjab province of Pakistan. Parts of the district form part of the Islamabad Rawalpindi metropo ...
.


Subsidiaries

The Attock Oil Company consists of the following companies:


Listed

*
Pakistan Oilfields Limited The Pakistan Oilfields Limited is a Pakistani oil and gas exploration company which is a subsidiary of UK-domiciled Attock Oil Company. It is based in Rawalpindi, Punjab Province, Pakistan. In 1978, Pakistan Oilfields took over the explorati ...
*
Attock Refinery Limited Attock Refinery Limited ( ) is a Pakistani oil refinery headquartered in Rawalpindi. It is a subsidiary of UK-domiciled Attock Oil Company. It is the oldest oil refinery of Pakistan. It is listed on Pakistan Stock Exchange. History 1922–19 ...
*
National Refinery Limited National Refinery Limited (NRL) is a Pakistani oil refinery which is a subsidiary of UK-domiciled Attock Oil Company. It is based in Korangi Creek, Karachi. It is a petroleum refinery and petrochemical complex engaged in the manufacture and sa ...
*
Attock Petroleum Limited Attock Petroleum Limited ( ) is a Pakistani oil marketing company which is a subsidiary of the UK-domiciled company Attock Oil Company. Based in Rawalpindi, it is the third largest oil marketing company in Pakistan. History Attock Petroleum ...
*
Attock Cement Attock Cement Pakistan Limited ( ), trading as Falcon Cement, is a Pakistani cement manufacturer headquartered in Karachi, with manufacturing plant in Hub, Balochistan. It was incorporated in Pakistan on 14 October 1981 as a public limited compa ...


Unlisted

* Attock Gen. LimitedAttock Gen. Limited.
''agl.com.pk''. Retrieved 3 May 2022.


References


External links


The Attock Oil Company Limited
{{DEFAULTSORT:Attock Oil Company Companies based in Manchester 1913 establishments in England Oil and gas companies of the United Kingdom Energy companies established in 1913 British companies established in 1913