Petrosin

What Petrosin does

Petrosin is a privately held Singapore-headquartered consortium of 18 companies that provides engineering, procurement and construction (EPC) services, industrial equipment manufacturing, and downstream petroleum marketing. Its core technology platform consists of ASME 'U' and 'S' stamp-certified fabrication facilities in Pakistan (Kala Shah Kaku, established 1965, and Hattar) producing pressure vessels, heat exchangers, chemical injection units, three-phase separators, storage tanks and offshore modules in carbon, stainless, clad, duplex and HIC-resistant steels, paired with ISO 9001-certified engineering and construction capabilities for oil & gas, petrochemical, refining and power generation clients.

The group operates across nine revenue streams: EPC contracting, industrial equipment manufacturing, petroleum product marketing (one of ten major OMCs in Pakistan with PGOLD/DGOLD/MGOLD lubricants), CNG station franchising under the PETROSIN brand, LPG marketing under PETGAS with 13 distributors, oil & gas exploration as a JV partner with ENI (Gorakh Block) and OGDCL/Mari Petroleum gas offtake agreements, international trading through Singapore/Hong Kong/Houston offices, edible oil production under the PAK brand (>100,000 tons/year capacity), and the Recruitasia.com online recruitment platform.

Petrosin monetizes through negotiated B2B EPC contracts, project-by-project fabrication sales, regulated retail fuel margins, franchise/license fees, and recurring subscription revenue from recruitment services. Customers include OGDCL, Mari Petroleum, and ENI on the upstream side, and mass-market Pakistani consumers on the LPG/CNG/fuel/edible oil side, served through offices in Singapore, Houston, Hong Kong, Islamabad, Lahore, and Karachi.

Name

Petrosin

Legal name

Petrosin Corporation Pte Ltd

Website

https://petrosin.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Petrosin is a Singapore-headquartered consortium of 18 companies providing ASME-certified oil & gas EPC and fabrication services, petroleum/CNG/LPG marketing, edible oil production, and recruitment services, primarily serving Pakistani state oil companies (OGDCL, Mari Petroleum), ENI, and Pakistani retail consumers.

Ownership category

akta.pro rank

Product category

Oil & Gas EPC and Energy Services

NAICS

Petrochemical Manufacturing (325110), Fats and Oils Refining and Blending (311225), Petroleum Lubricating Oil and Grease Manufacturing (324191)

SIC

Oil & Gas Field Machinery & Equipment (3533), Crude Petroleum & Natural Gas (1311), Fats & Oils (2070)

akta.pro primary industry

Chemical & Petrochemical Plant Construction (IMAFADAA)

Keywords

• Oil and gas EPC
• Petroleum products marketing
• Pressure vessel fabrication
• CNG and LPG marketing
• Industrial equipment manufacturing

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Engineering & Contracting (EPC): Provides design and construction of plant facilities for oil & gas, petrochemical, refining, and power generation industries. Services include feasibility studies, conceptual design, detailed engineering, procurement, fabrication, construction, and commissioning.
2. Manufacturing: Manufacturing of high quality equipment for industrial and oil & gas sectors including pressure vessels, heat exchangers, skid assemblies, storage tanks, and heavy structures. Fabricates chemical injection units and three-phase separators for OGDCL.
3. Petroleum Products Marketing: Petrosin Petroleum markets fuel and petroleum-based products through retail service stations. Products include Premium Motor Gasoline, High Speed Diesel, and lubricants (PGOLD and DGOLD brands). One of ten major petroleum products marketing companies in Pakistan.
4. LPG Marketing: LPG storage tanks, transportation bowzers, cylinders, LPG filling plants, re-filling services, and transportation. Operates under PETGAS brand with facilities in Gilgit and Kala Shah Kaku, Lahore.
5. CNG Marketing: Marketing of compressed natural gas through company managed, franchised or joint venture CNG filling stations under PETROSIN brand.
6. Petroleum Exploration & Development: Oil and gas exploration and development as joint venture partner with major multinationals. Includes participation in Jhal Magsi Gas Field Development and Gorakh Block exploration.
7. Trading: Trading activities for plants, machinery, equipment and materials required for various industries. Offices in US, Singapore, Pakistan, and Hong Kong service customers worldwide.
8. Edible Oil Production: Ghee and cooking oil production under PAK brand with annual production capacity of more than 100,000 tons. Products include Vegetable Ghee and 100% Pure Canola Cooking Oil.
9. Online Recruitment Services: Recruitasia.com Pte Ltd operates as an online recruitment platform with more than 10,000 companies using its services and over 100,000 job seekers in database.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels5 records

Core offering

Petrosin is a consortium of 18 companies providing engineering, procurement, and construction (EPC) services for oil & gas, petrochemical, refining, and power generation sectors. Core activities also include ASME-certified fabrication of pressure vessels, heat exchangers, skid assemblies, and storage tanks; petroleum, LPG, and CNG marketing across Pakistan; petroleum exploration and development through joint ventures; and consumer edible oil production under the PAK brand.

Product overview

Petrosin is a consortium of 18 companies providing engineering, manufacturing, and marketing of petroleum products. The company operates a diversified portfolio consisting of Engineering & Contracting Services (EPC for oil & gas, petrochemical, refining, and power generation facilities), a Manufacturing Division (producing pressure vessels, heat exchangers, chemical injection units, three phase separators, and offshore structures), Petrosin Petroleum (retail fuel and lubricant marketing in Pakistan under brands including Premium Motor Gasoline, High Speed Diesel, and PGOLD/DGOLD/MGOLD lubricant lines), CNG Marketing and LPG Marketing divisions (operating filling stations and supplying LPG under the PETGAS brand), Petroleum Exploration & Development (joint venture exploration with multinationals), Trading (industrial equipment and materials), and a Ghee & Cooking Oil Production division (edible oils under the PAK brand with 100,000+ ton annual capacity). The company is headquartered in Singapore with operations in Pakistan, Hong Kong, and the United States.

Differentiator

Problem solved

Functional benefit

Brands

• PETGAS: LPG brand name under Petrosin Gas for marketing LPG Storage Tanks, Transportation Bowzers and LPG Cylinders
• PAK
• PETROSIN
• PGOLD
• DGOLD
• MGOLD

Products and services

• Engineering & Contracting (EPC) Services

Named customers4 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• ENIcoreStrategic or Co-development Partner · 1 August 2004Petrosin Energy (Pvt) Ltd signed a Petroleum Concession Agreement and License with the President of the Islamic Republic of Pakistan to undertake joint oil and gas exploration activities for Gorakh Block together with ENI. Petrosin holds 7.5% interest in Block 2667-6 (Gorakh) covering 2,482.44 square kilometres in Dadu, Lasbela and Khuzdar districts.
• Oil & Gas Development Company Limited (OGDCL)coreStrategic or Co-development PartnerPetrosin Engineering Pvt Ltd awarded Procurement & Construction Contract with OGDCL for complete development of Jhal Magsi Gas Field in Balochistan Province, Pakistan. Contract includes construction of roads, buildings, mechanical, electrical, instrumentation work and plant start-up assistance.
• Oil & Gas Development Company Limited (OGDCL)coreStrategic or Co-development PartnerPetrosin has Gas Sale & Purchase Agreement for gas utilization of about 1 Million Standard Cubic Feet of Natural Gas per day from OGDCL's Nashpa Field at Karak. Petrosin processes the gas including compression before sale to customers.
• Mari Petroleum Company LimitedcoreStrategic or Co-development PartnerPetrosin commenced operations pursuant to Gas Sale & Purchase Agreement (2.5 MMSCFD) with Mari Petroleum Company Limited's Halini Oil & Gas Field at Isakhel, Mianwali.
• Pakistan Golf FederationminorStrategic or Co-development PartnerPetrosin signed a joint venture contract with Pakistan Golf Federation for development of an 18 Hole Capital Golf & Country Club on 150 acre land at Shakarparian, Islamabad.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Descon Engineering: Descon Engineering is a Pakistan-based EPC contractor and industrial equipment fabricator serving oil & gas, petrochemical, power, and fertilizer clients across the Middle East and South Asia. It is the closest direct peer to Petrosin's engineering & contracting and manufacturing divisions, competing for the same OGDCL, Mari Petroleum, and refinery upgrade bids in Pakistan.
• Attock Petroleum: Attock Petroleum is a Pakistan-listed fuel marketing and exploration company that blends retail petroleum marketing with upstream production sharing via its parent Pharaon/Attock Group. Like Petrosin, Attock sits at the intersection of upstream E&P participation and OMC fuel marketing in Pakistan, serving the same OMC channel and corporate account customers.
• Hascol Petroleum: Hascol Petroleum is a publicly listed Pakistan oil marketing company operating retail service stations, lubricant distribution, and bunkering. As one of the other top-ten OMCs in Pakistan, Hascol is the closest like-for-like peer to Petrosin Petroleum in terms of branded forecourt and lubricant competition.
• Fatima Group: Fatima Group is a diversified Pakistani conglomerate operating across fertilizers, energy, textiles, and sugar with in-house EPC and contracting arms. Petrosin's consortium-of-companies model spanning oil & gas EPC, manufacturing, edible oils, and trading closely mirrors Fatima Group's multi-sector Pakistan-anchored conglomerate structure.
• Mari Petroleum Company: Mari Petroleum Company is a Pakistan-based E&P operator holding production concessions and operating gas compression contracts, including the Halini Oil & Gas Field from which Petrosin sources 2.5 MMSCFD. As a direct exploration and production peer active in the same Pakistani basins where Petrosin is a JV partner, Mari provides a comparable upstream operating benchmark.

Broad incumbents

• Pakistan State Oil (PSO): Pakistan State Oil is Pakistan's largest fuel marketing company with a dominant retail service-station network, lubricant brands, and aviation fuel operations. PSO is the broad incumbent against which Petrosin Petroleum (one of ten major OMCs) competes for market share and supply allocations across PMG, HSD, and lubricants.
• Petrofac: Petrofac is a UK-headquartered global EPC and operations & maintenance services provider focused on oil & gas, refining, and petrochemical plant construction. It is a broad incumbent peer to Petrosin's EPC division, competing for similar upstream/midstream project scopes internationally and representing the global standard Petrosin's ASME-accredited fabrication capacity targets.
• Saipem: Saipem is an Italian-headquartered global EPC contractor for oil & gas, petrochemical, and refinery projects including offshore modules, pipelines, and onshore plant construction. Saipem's offshore module and heavy-structure fabrication scope closely matches the heavy-structure and offshore modules capability disclosed in Petrosin's manufacturing division.
• Técnicas Reunidas: Técnicas Reunidas is a Spanish-headquartered global EPC contractor focused on oil & gas, refining, petrochemical, and power generation plant construction. It is a broad incumbent peer comparable to Petrosin's engineering & contracting division in terms of project size, scope, and client base (national oil companies, integrated energy majors, and petrochemical operators).

Regional players

• Punj Lloyd: Punj Lloyd is an Indian EPC and defense services group historically active in oil & gas, pipeline, and refinery construction across South Asia and the Middle East. As a regional peer it operates in the same geography-adjacent EPC bid universe as Petrosin's engineering & contracting division and competes for similar midstream and refining upgrades.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/petrosingroup
• Facebookfacebook.com/PetrosinGroup
• LinkedInlinkedin.com/company/petrosin-inc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Petrosin