Attock Group Of Companies
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Attock Group Of Companies
Attock Oil Company, informally called Attock Group, also known as Pharaon Group, is a UK-domiciled conglomerate company based in Manchester, England, United Kingdom. It is the sole vertically integrated oil conglomerate company active in Pakistani market. The group is owned by Pharaon Family. History Attock Oil Company Limited (AOC) was incorporated in England on 1 December 1913, and extended into Pakistan as a branch office of a foreign company for principal business of exploration, drilling and production of petroleum products. AOC met its first oil discovery in 1915 at Khaur, Attock District. 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 and investors control was purchased by Saudi entrepreneur investor Gaith Phara ...
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Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ...
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Pakistan
Pakistan ( ur, ), officially the Islamic Republic of Pakistan ( ur, , label=none), is a country in South Asia. It is the world's List of countries and dependencies by population, fifth-most populous country, with a population of almost 243 million people, and has the world's Islam by country#Countries, second-largest Muslim population just behind Indonesia. Pakistan is the List of countries and dependencies by area, 33rd-largest country in the world by area and 2nd largest in South Asia, spanning . It has a coastline along the Arabian Sea and Gulf of Oman in the south, and is bordered by India to India–Pakistan border, the east, Afghanistan to Durand Line, the west, Iran to Iran–Pakistan border, the southwest, and China to China–Pakistan border, the northeast. It is separated narrowly from Tajikistan by Afghanistan's Wakhan Corridor in the north, and also shares a maritime border with Oman. Islamabad is the nation's capital, while Karachi is its largest city and fina ...
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Oil And Gas Companies Of The United Kingdom
An oil is any nonpolar chemical substance that is composed primarily of hydrocarbons and is hydrophobic (does not mix with water) & lipophilic (mixes with other oils). Oils are usually flammable and surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1176, the word ''oil'' comes from Old French ''oile'', from Latin ''oleum'', which in turn comes from the Greek (''elaion'') ...
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1913 Establishments In England
Events January * January 5 – First Balkan War: Battle of Lemnos – Greek admiral Pavlos Kountouriotis forces the Turkish fleet to retreat to its base within the Dardanelles, from which it will not venture for the rest of the war. * January 13 – Edward Carson founds the (first) Ulster Volunteer Force, by unifying several existing loyalist militias to resist home rule for Ireland. * January 23 – 1913 Ottoman coup d'état: Ismail Enver comes to power. * January – Stalin (whose first article using this name is published this month) travels to Vienna to carry out research. Until he leaves on February 16 the city is home simultaneously to him, Hitler, Trotsky and Tito alongside Berg, Freud and Jung and Ludwig and Paul Wittgenstein. February * February 1 – New York City's Grand Central Terminal, having been rebuilt, reopens as the world's largest railroad station. * February 3 – The 16th Amendment to the United States Constitution ...
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Companies Based In Manchester
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Rawalpindi District
Rawalpindi District ( Punjabi and ur, ) is a district located in the northernmost part of the Punjab province of Pakistan. Parts of the district form part of the Islamabad Rawalpindi metropolitan area. Rawalpindi city is the district capital. The district has an area of . Originally, its area was until the 1960s when Islamabad Capital Territory was carved out of the district, giving away an area of . It is situated on the southern slopes of the north-western extremities of the Himalayas, including large mountain tracts with rich valleys traversed by mountain rivers. The chief rivers are the Indus and the Jhelum, and it is noted for its milder climate and abundant rainfall due to its proximity to the foothills.Rawalpindi - Encyclopædia Britannica Eleventh Edition History Ancient history In ancient times the whole or the greater part of the area between the Indus and the Jhelum seems to have belonged to a Naga tribe called Takshakas, who gave their name to the city of ...
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Peshawar
Peshawar (; ps, پېښور ; hnd, ; ; ur, ) is the sixth most populous city in Pakistan, with a population of over 2.3 million. It is situated in the north-west of the country, close to the International border with Afghanistan. It is the capital of the province of Khyber Pakhtunkhwa, where it is the largest city. Peshawar is primarily populated by Pashtuns, who comprise the second-largest ethnic group in the country. Situated in the Valley of Peshawar, a broad area situated east of the historic Khyber Pass, Peshawar's recorded history dates back to at least 539 BCE, making it one of the oldest cities in South Asia. Peshawer is among the oldest continuously inhabited cities of the country. The area encompassing modern-day Peshawar is mentioned in Vedic scriptures; it served as the capital of the Kushan Empire during the rule of Kanishka and was home to the Kanishka Stupa, which was among the tallest buildings in the ancient world. Peshawar was then ruled by the Hephtha ...
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Lahore
Lahore ( ; pnb, ; ur, ) is the second most populous city in Pakistan after Karachi and 26th most populous city in the world, with a population of over 13 million. It is the capital of the province of Punjab where it is the largest city. Lahore is one of Pakistan's major industrial and economic hubs, with an estimated GDP ( PPP) of $84 billion as of 2019. It is the largest city as well as the historic capital and cultural centre of the wider Punjab region,Lahore Cantonment
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and is one of Pakistan's most , progressiv ...
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Pothohar Plateau
The Pothohar Plateau ( ur, ) is a plateau in north-eastern Pakistan, located between Indus River and the Jhelum River, forming the northern part of Punjab. Geography Potohar Plateau is bounded on the east by the Jhelum River, on the west by the Indus River, on the north by the Kala Chitta Range and the Margalla Hills, and on the south by the Salt Range. The southern end of the plateau is bounded by the Thal desert. The 5000 square miles of the plateau range from an average height of 1200 to 1900 feet above the sea level. Sakesar in the Salt Range is the highest mountain of the region and Tilla Jogian is the second highest. The Sivapithecus indicus fossil skull of an extinct ape species was discovered in Potohar plateau. Economy The plateau covers about 7 percent of all the cultivated land of Pakistan and most of it is very fertile, but the region does not have any proper irrigation system, with the agriculture being largely dependent on rainfall. The plateau is the locatio ...
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Attock District
Attock District (Urdu and pnb, ) is a district in Pothohar Plateau of the Punjab Province of Pakistan. Its capital is Attock city. The district was created in April 1904 by the merging of tehsils of nearby districts. Its former name was Campbellpur. Today the district consists of 6 tehsils: Attock, Fateh Jang, Hazro, Hassan Abdal, Jand and Pindi Gheb. It is located in the north of the Punjab province, bordered by Chakwal to the south, Mianwali to the southwest, Rawalpindi to the east, Kohat to the west, Nowshera to the northwest, and Swabi and Haripur to the north. History The original name of Attock District was Attock. It was changed to Campbellpur after the Commander-in-Chief of British forces Sir Colin Campbell, who rebuilt the city of Campbellpur. The name Attock was restored in 1978. Demographics According to the 2017 census of Pakistan the district had a population of 1,886,378, of which 938,650 were male and 947,597 were female. 1,395,470 (73.98%) liv ...
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Khaur
Khaur is a town and union council in Pindigheb Tehsil of Attock District in Punjab Province of Pakistan. Community The major tribes of town are Muradiya(مرادیا)٫ Kahut, Chauhan, Zeldar, Awan, Budhwaal and Shipraal while main language is ghebi dialect of hindko, and most of the population is Sunni Hanfi Brailvi Muslim.''A Gazetteer of Attock District'', 1931, Part A. 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 came with the drilling of Khaur-1 by Pakistan Oilfields Limited in 1915, on a surface anticline in the Potwar Basin. Oil was discovered in sands in the lower part of the Miocene The Miocene ( ) is the first epoch (geology), geological epoch of the Neogene Period and extends from about (Ma). The Miocene was named by Scottish geologist Charles Lyell; the name comes from the Greek words (', "less") and (', "new") and mea ... formation, and a total of 396 shallow well ...
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Conglomerate (company)
A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates are often large and multinational. United States The conglomerate fad of the 1960s During the 1960s, the United States was caught up in a "conglomerate fad" which turned out to be a form of speculative mania. Due to a combination of low interest rates and a repeating bear-bull market, conglomerates were able to buy smaller companies in leveraged buyouts (sometimes at temporarily deflated values). Famous examples from the 1960s include Ling-Temco-Vought,. ITT Corporation, Litton Industries, Textron, and Teledyne. The trick was to look for acquisition targets with solid earnings and much lower price–earnings ratios than the acquirer. The conglomerate would make a tender offer to the target's shareholders at a princely premium to the ...
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