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United Energy Pakistan (UEP), formerly known as BP Pakistan, is a subsidiary of Chinese United Energy Group in Pakistan with a footprint in Sindh province of Pakistan, around 100 km to the east of Karachi. United Energy Group had acquired the Pakistani assets from BP in September 2011 and BP Pakistan thus became UEP.[1][2]
| Headquarters | Islamabad Stock Exchange Towers, 19th Floor, Jinnah Ave, Building F 7/1 Blue Area, Islamabad, Islamabad Capital Territory |
|---|---|
| Location | |
President | Mausuf Ahmad |
Parent organization | United Energy Group |
| Website | https://uep.com.pk/ |
Formerly called | BP Pakistan |
The company's asset cover Badin, Tando Muhammad Khan, Tando Allahyar, Thatta, Hyderabad (rural), Matiari, Sanghar, Mirpur Khas and khairpur of the Sindh province. Currently, there are active production and exploration blocks in Sindh province and four offshore exploration blocks in the Arabian Sea. The company also won bids for two new exploration blocks, Digri and Sanghar South, which lie adjacent to UEP's Mirpur Khas Khipro concession areas.
In 2012, UEP secured a credit line of $5 billion from China Development Bank for its Pakistani operations and other potential acquisitions.
In March 2018, UEP acquired OMV Pakistan assets for US$192 million.[3]
In FY2019, United Energy Pakistan was the largest foreign oil and gas exploration and production company in Pakistan, and remained 9th on the list with exports worth $227 million.[4]
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