United Energy Pakistan Limited, UEP Alpha Limited and UEP Beta GmbH * (collectively UEP) are subsidiaries of United Energy Group (UEG), an energy company listed on the Hong Kong Stock Exchange. We are the largest foreign oil and gas exploration and production (E&P) company in Pakistan, and have been contributing significantly in reducing Pakistan’s dependency on oil & gas imports through indigenous hydrocarbon production.
Since UEG acquired this asset in 2011, it has made significant investments in our business, resulting in rapid growth – our production and reserves have nearly tripled. Our onshore concessions span across 20,000 square kilometres and are spread across Sindh and Balochistan provinces.
Our asset has a rich heritage, starting nearly four decades ago when an American E&P company, Union Texas Pakistan, initiated operations in Khaskeli, Badin. Since then, this asset has undergone several changes and a shift in ownership a number of times. However, despite change, one thing remains constant – our commitment to all our stakeholders.
At UEP, we are conscious of our environmental footprint and work diligently to ensure that no harm is caused to anyone involved in or impacted by our activities. Not only do we comply with all applicable laws related to Health, Safety and the Environment (HSE) but we also have a set of internal policies in place to minimize the environmental impact of our operations.
In coordination with the government, communities and non-governmental organizations, we invest in sustainable social investment projects in the areas where we work. Our CSR interventions have brought about a positive impact in the lives of our local communities by enhancing access to technical training, creating opportunities for sustainable income generation and providing quality education and healthcare services.
We have also invested in the alternative energy sector. Our parent company has invested in a wind energy project located in the Jhimpir wind corridor in the Sindh province. This project was one of the 14 top priority projects of the China Pakistan Economic Corridor (CPEC).
Our presence in Pakistan has helped to further cement the friendship between Pakistan and China. At UEP, we work for the progress and prosperity of the people from both countries.
*UEP Alpha and UEP Beta were previously known as OMV Maurice Energy Limited and OMV (Pakistan) Exploration Gesellschaft m.b.H.