Page 41 - Pakistan Oilfield Limited - Annual Report 2022

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Annual Report 2022

C. Revenue Enhancement
1. Boost sales by selling volumes
of energy to power driven
entities
2. Exploration and development
projects within existing
fields to generate additional
revenues using the available
infrastructure.
3. Better funds management to
enhance finance income.

D. Cost Cutting/Budgetary
Controls
1. Utilization of in-house expertise
and resources, wherever
possible.
2. Greater financial discipline to
minimize wastages and cut
costs
3. Negotiated savings in
procurement contracts

E. Operational Strategy

1. Effective collaboration with law
enforcement agencies to make
certain the safety of employees
and assets in security-sensitive
areas.
2. Adherence to the highest HSE
standards and practices via
the employees at all tiers and
locations.
3. Engagement of locals through The Company is actively
the provision of activity looking for opportunities
and commercial enterprise
opportunities and excessive in the energy value chain
effect Social Welfare Projects. to increase its revenue
4. Adoption of the latest
technology and continuous streams.
improvement of internal
processes.