SEL has successfully operated and executed a number of oil and gas exploration initiatives and has been blessed with a number of oil and gas discoveries. SEL continues to evaluate new on-shore blocks to further extend its exploration portfolio.
Saif Energy Ltd is a Saif Group company. Saif Group was conceived over eighty years ago when its founder Khan Faizullah Khan, made his first industrial undertaking, a diesel fired power plant, supplying electricity to Bannu City in Khyber Pakhtunkhwa (then NWFP) Pakistan. The Group has come a long way since its inception and now has operating business in Power Generation, Oil and Gas Exploration, Textiles, Real Estate Development, IT and Telecommunications. Saif Group employs over 10,000 people with regional offices throughout Pakistan.
The group has a successful history of forging alliances with world’s renowned companies including, Etisalat, Falag Telecom, Fusion Telecom Inc., Iridium Satellite LLC, Itochu Corporation, Motorola, Tyco Electronics, Nichimen Corporation, Olivetti, OMV, Tullow oil plc, Orascom Telecom and Siemens etc. The business alliances with the said companies, which are leaders in their respective sectors, have flourished the Group’s technical and managerial skills and expertise.
SAIF ENERGY LIMITED (SEL) is Pakistan’s first local private sector company to get ISO 9001:2000 certifications for Quality Management of Oil and Gas exploration and production activities. SEL was established pursuant to the policies of the Government of Pakistan for the development of a strong indigenous base in exploration and production sector to minimize foreign exchange outlay. It is also Pakistan’s first oil and gas exploration company to acquire 3D seismic survey at exploration stage. This strategy has now been adopted by other companies.