As PARCO celebrates the milestone of 50 years of its journey, it is imperative to recognize and acknowledge the invaluable contributions of our secretaries, who have been the unsung heroes behind the scenes. This Women's Day, we highlight the pivotal role played by these dedicated professionals in-line with our company's legacy and values, showcasing our commitment to appreciating every individual's effort. #InspireInclusion #InternationalWomen’sDay #PARCO50Years
PARCO - Pak-Arab Refinery Limited
Oil and Gas
Karachi, Sindh 256,632 followers
To Transport, Refine and Market Petroleum and related products in Pakistan
About us
PARCO - PAK-ARAB REFINERY LTD. is a Joint Venture between the Government of Pakistan (60%) and the Emirate of Abu Dhabi (40%), through its Mubadala Investment Company. PARCO’s major business activities are: Refining Transportation Marketing PARCO has the most modern refinery in Pakistan having a capacity of 100,000 BPD (representing about 25% of the country`s refining capacity), over 2000 kms of cross country pipeline network (including its JV subsidiary Pak-Arab Pipeline Company Limited (PAPCO) with a strategic storage of over one million tons, and a rapidly expanding retail network of TOTAL PARCO (TPPL) – a joint venture with TOTAL of France. With the acquisition of Chevron’s fuel business in Pakistan, TPPL is now the second largest Oil Marketing Company in the country. PARCO is also marketing nationwide LPG under the brand of Pearl Gas and fuel oil under the brand of Pearl fuels. High quality asphalt is also being marketed as Biturox. With continued support of the Emirate of Abu Dhabi and Government of Pakistan, PARCO over the years has been able to implement a number of energy projects that have contributed significantly in enhancing the country’s economic growth, saving foreign exchange, transferring technology and providing employment. PARCO`s performance is reflected not only in its technical and financial results, but can also be judged by its other achievements and awards e.g. Company has maintained its AAA and A1 long and short term credit rating by Pakistan Credit Rating Agency (PACRA) for the twentieth year running. The company is amongst the first in Pakistan with three simultaneous international certifications: ISO 9001:2015 (Quality Management System), ISO 14001:2015 (Environmental Management System) and ISO 45001:2018 (Health & Safety Management System). PARCO has also received Environment Excellence Awards for the last several years and is rated among the top 10 organizations in Pakistan for outstanding achievement in Environment Management.
- Website
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http://www.parco.com.pk
External link for PARCO - Pak-Arab Refinery Limited
- Industry
- Oil and Gas
- Company size
- 1,001-5,000 employees
- Headquarters
- Karachi, Sindh
- Type
- Privately Held
- Founded
- 1974
Locations
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Primary
Pak-Arab Refinery Limited Corporate Headquarters Korangi Creek Road Karachi-75190
Karachi, Sindh 75190, PK
Employees at PARCO - Pak-Arab Refinery Limited
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Salman Zakir
Corporate Communications and CSR at PARCO
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Qasim Askari
Senior Advisor specializing in Strategy and Business Planning
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Hafiz Muzzammil
18 years experience in Corporate Strategy & Investments focusing on Energy Sector, Petroleum Industry, and Renewable Energy
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Nadeem Ahmed
HR Generalist | HRBP | C&B | Talent Management | Shared Services | L&D | IR | Legal | Administration
Updates
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PARCO is honored to receive the Environment Excellence Award from the National Forum for Environment and Health (NFEH) for the 19th consecutive year. Mr. Muhammad Nouman, Manager HSE, received the award on behalf of PARCO from Mr. Dost Muhammad Rahimoon, Minister of Environment Climate Change & Coastal Development, Government of Sindh. The award demonstrates the company's strong commitment to sustainability and environmental stewardship. #PARCO #Sustainability #NFEH #ClimateChange #Environment
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As we celebrate Pakistan’s 77 years of independence, we also mark PARCO’s Golden Jubilee. Since the day of coming into being, PARCO has been a vital force in fuelling Pakistan's growth and today we proudly reaffirm our commitment to driving innovation, championing sustainability, and meeting the energy needs of future generations. Proud to play our part in Pakistan’s progress and proud to be the Energy Lifeline of The Nation. Happy Independence Day! #IndependenceDay #PARCO #Pakistan #Innovation #Sustainability #PakistanZinadabad
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We are thrilled to announce PARCO’s recognition at the ICAP Digital Technology Awards 2024! Our Project PATH for the implementation of SAP S/4HANA has won awards in two categories: 1. Use of Technology in Accounting (Large Organizations) 2. Viewers Choice Awards These accolades underscore the significant impact of Project PATH S/4HANA in driving efficiency, integration, and governance. A heartfelt thank you to our dedicated Project Team and all PARCONIANS for their exceptional collaboration and hard work. #ICAPAwards #ProjectPATH #PARCO #DigitalTransformation #TeamAchievement
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On 24th July 2024, PARCO CSR Department hosted the nationally renowned NGOs being supported by PARCO Group at Corporate Headquarters in Karachi. The event was dedicated to acknowledge the exceptional contributions of these outstanding NGOs in the areas of education, health, and empowerment sectors of Pakistan. The event aligns with PARCO’s steadfast commitment to corporate social responsibility and community development. Together, we are making a meaningful impact and building a better future for our communities. #CSR #CommunityDevelopment #PARCO #Empowerment #Education #Health
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Pak–Arab Pipeline Company Limited (PAPCO), a subsidiary of PARCO, recently hosted a successful Customer Engagement Session at a local hotel in Karachi by bringing together all top OMCs and OCAC representatives for a day of insightful discussions and relationship-building. The event was a resounding success providing a platform to share insights, engage in open dialogue and gather valuable feedback. The event fostered collaboration and mutual understanding, setting the stage for stronger relationships with PAPCO’s valued customers and partners. #PARCO #CustomerEngagement #PAPCO #BuildingRelationships
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Exciting Milestone for PARCO and Descon Engineering Ltd! We are thrilled to share that the Turnaround (TA-05) contract for the Mid-Country Refinery (MCR) has been officially awarded to Descon Engineering Ltd., a leader in managing Turnaround Projects with an outstanding track record. The Turnaround is scheduled for October 2024, and this marks a significant milestone for both the organizations. The formal signing took place on July 24, 2024, at PARCO by Mr. Irteza Ali Qureshi, MD PARCO, and Mr. Taimur Saeed, CEO of Descon Engineering Ltd. Senior management from PARCO, Ms. Syeda Ameer Batool - Company Secretary , Mr. Umair Mir - DMD Technical & Operations, Ms. Rauha Hameed - Head of Supply Chain and General Managers - PARCO, Sharon Dias, Aly Zaki Ansari, Faheem Motiwala and Abdul Qadir along with Descon's Mr. Muhammad Anwar ul Haq - President Industrial Services Division and Mr. Shahzad Malik- Head of Operations graced this landmark ceremony with other senior officials and team members from both sides. MD PARCO expressed his trust in the competency of Descon Engineering Ltd. and shared his expectation with them to deliver an exceptional performance surpassing previous MCR Turn Arounds. Mr. Irteza Ali Qureshi laid out key deliverables focusing upon safe and timely completion of TA-05 with highest quality workmanship. CEO Descon Engineering Ltd. Mr Taimur Saeed pledged DEL's unwavering commitment in executing TA-05 with the highest standards of quality and efficiency. Both PARCO and DEL are excited about this partnership and confident that it will deliver exceptional results. Stay tuned for more updates as we embark on this promising journey together! #Partnership #Turnaround #EngineeringExcellence #MCR #Refinery #DesconEngineering #PARCO
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We are thrilled to share two recent initiatives led by PARCO, aimed at enhancing community well-being through healthcare and education. In Khanpur, Mr. Nadeem Ajwad Chishti, Head Corporate Affairs and CSR, accompanied by the Deputy Commissioner of Shikarpur, inaugurated a state-of-the-art X-Ray machine at the Rural Health Center (RHC). This advanced equipment, the only one of its kind in the vicinity, serves over 20 patients daily and significantly benefits the community. During their visit, they also evaluated the dental unit, which assists over 50 patients daily, a facility previously provided by PARCO as part of our CSR initiatives. In Larkano, Mr. Nadeem Ajwad Chishti, Head Corporate Affairs and CSR, alongside Dr. Sharjeel Noor, Deputy Commissioner of Larkano, visited the Sir Shahnawaz Bhutto Memorial Library to assess the impact of PARCO’s support. Earlier this year, PARCO had facilitated the library with furniture and several accessories. The students expressed their profound gratitude for PARCO’s generous contributions. At PARCO, we are committed to making a meaningful difference in the communities we serve through sustainable and impactful CSR initiatives. #PARCO #CSR #CommunityWelfare #Healthcare #Education #Sustainability
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Shaukat Khanum Memorial Trust (SKMT) honoured PARCO among other organizations that supported the life-saving mission of the Trust for the year 2022. The trust has been providing state-of-the-art cancer care facilities to needy cancer patients for the past three decades. Dr. Faisal Sultan, CEO SKMT presented the award to Ms. Sharon Dias, General Manager, Group Corporate Affairs, PARCO at an event held in Karachi. This was the fourth consecutive award received by PARCO. #CSR #CorporateSocialResponsibility #PARCO #Health
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Pakistan International Disputes Weekend (PIDW) is an annual legal convention focused on dispute resolution practices being hosted by the Chartered Institute of Arbitrators in collaboration with the Sindh High Court in Karachi. This year’s edition was held on 11th and 12th May 2024 and was attended by numerous distinguished local and international guests and speakers from the United Kingdom, China, and Turkey along with Honorable Judges from various High Courts of the Country and former Honorable Judges of Supreme Court of Pakistan. During this event PARCO was conferred the “Excellence Award for Legal Compliance” by the Honorable Chief Justice of Sindh High Court, Mr. Justice Aqeel Ahmed Abbasi, which was received by the Group Company Secretary and General Manager Legal, PARCO, Ms. Syeda Ameer Batool. This is a very special and proud moment for everyone at PARCO and an acknowledgement of the company’s adherence to the best legal and compliance practices. #PARCO #PIDW
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