Petroleum Institute of Pakistan

What Petroleum Institute of Pakistan does

The Petroleum Institute of Pakistan (PIP) is a Karachi-based non-profit industry association founded in 1963 that functions as the principal platform for national and international cooperation in Pakistan's oil and gas sector. It operates as a member-governed body administered by a Board of Directors elected from the CEOs of its 21 Industrial Collective Members and counts 81 Private Individual Members, representing the full oil and gas value chain including exploration and production, refining, midstream pipelines, gas transmission and distribution, terminals and storage.

PIP's service portfolio comprises four interconnected offerings. Its Executive Learning Center (ELC) delivers professional training on API standards (570, 653, 1104, 1163), NFPA electrical safety, petroleum economics, and asset integrity, with certificates from international accrediting bodies such as IACET (USA), BAC (UK), and CPTI International (Canada) carrying CEU/PDH credits. The Pakistan Energy Conference (PEC) is the institute's flagship annual policy forum held in Islamabad, drawing senior policymakers, industry leaders and technology experts. Publications include the biennial Pakistan Energy Outlook and annual reports. Membership services, split between Industrial Collective and Individual tiers, provide access to policy resources, events, networking and capacity-building.

PIP does not operate a technology product or platform. Its business model is membership-subscription-driven, supplemented by training program fees and conference sponsorship/partnership revenue from member companies such as OGDCL, PARCO, PPL, PSO and UEPL. Specific fees and financials are not publicly disclosed. The institute pursues academic and international partnerships (LUMS, NEDUET, PIDE, CPTI International, PSTD) to expand training capacity, and recently began offering online training alongside its traditional in-person delivery at its Karachi headquarters and member venues.

Name

Petroleum Institute of Pakistan

Legal name

Petroleum Institute of Pakistan

Website

https://pip.org.pk

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1–10 employees

Short description

The Petroleum Institute of Pakistan is a non-profit industry association founded in 1963 that serves as the principal platform for Pakistan's oil and gas sector, providing professional training, industry conferences, publications, and member coordination services to exploration, production, refining, and distribution companies.

Ownership category

akta.pro rank

Product category

Oil and Gas Industry Association Services

SIC

Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Energy (Oil, Gas & Renewables) (EDABALAJ)

akta.pro secondary industry

Utilities (Electric, Gas & Water) (EDABALBB)

Keywords

• Oil and gas industry association
• Petroleum professional training
• Energy conference forum
• Industry membership services
• Energy policy research

Headquarters

HQ city

Karachi

HQ country

Pakistan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Industrial Collective Membership Fees: Annual membership fees from 21 industrial collective members comprising oil and gas exploration, production, refining, transmission, storage, transportation, and distribution companies operating in Pakistan.
2. Individual Membership Fees: Annual membership fees from 81 private individual members connected with Pakistan oil and gas activities.
3. Professional Training Programs: Revenue from conducting specialized technical training programs for industry professionals including courses on API standards (API 570, 653, 1104, 1163), NFPA electrical safety, petroleum economics, asset integrity, and other oil and gas technical topics. Programs are offered in partnership with international accrediting bodies (IACET, BAC) for CEUs/PDHs credits.
4. Conference and Event Participation: Revenue from flagship events such as the Pakistan Energy Conference (PEC) and other industry forums, including partnership/sponsorship fees from member companies (OGDCL, PARCO, PPL, PSO, UEPL, UGDC) and participant fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

The Petroleum Institute of Pakistan is a non-profit industry association that delivers professional training programs (via its Executive Learning Center), organizes the annual Pakistan Energy Conference, publishes the biennial Pakistan Energy Outlook and annual reports, and provides Industrial Collective and Individual Membership services to oil and gas companies and professionals across Pakistan's petroleum value chain. It serves as the recognized platform for industry coordination, policy dialogue, and capacity building for exploration, production, refining, transmission, storage, transportation, and distribution segments.

Product overview

The Petroleum Institute of Pakistan (PIP) operates as an industry association and center of excellence for Pakistan's oil and gas sector, established in 1963. Rather than a unified software platform, PIP's portfolio consists of interconnected services: the Executive Learning Center (ELC) delivers professional training programs across technical, safety, and leadership domains with international accreditation (IACET, BAC); the flagship Pakistan Energy Conference (PEC) serves as an annual forum for policy dialogue; publications including the biennial Pakistan Energy Outlook provide strategic insights; and membership services (Industrial Collective and Individual) offer access to networking and industry resources. These offerings work together to fulfill PIP's role as a platform for national and international cooperation, policy resources, and knowledge sharing in the energy sector.

Differentiator

Problem solved

Functional benefit

Products and services

• Pakistan Energy Conference (PEC) Annual flagship forum of the Petroleum Institute of Pakistan that brings together senior policymakers, oil and gas industry leaders, academia, and technology experts to discuss reforms, innovation, and sustainable growth across Pakistan's energy value chain. Sponsorship tiers include Lead Partner (e.g., OGDCL), Gold Partners (PARCO, PPL, PSO, UEPL), and Silver Partner (UGDC).
• Executive Learning Center (ELC) Training Programs Professional development programs offering technical, safety, management, and leadership training courses to oil and gas industry professionals. Curriculum is aligned with international standards (API 570, 653, 1104, 1163; NFPA electrical safety; petroleum economics; asset integrity; horizontal & multilateral drilling). Certificates carry CEU/PDH credits from IACET (USA) and BAC (UK). Delivered in-person at PIP, member sites (Attock Refinery), and academic partners (LUMS, NEDUET) as well as online.
• Industrial Collective Membership Annual membership for companies engaged in oil and gas exploration, production, refining, transmission, storage, transportation, and distribution activities in Pakistan. Members gain access to policy resources, training programs, industry events, networking with industry leaders and regulators, and Board-level representation. Examples include OGDCL, PPL, PSO, PARCO, Attock Refinery Limited, PRL, SNGPL, Sui Southern Gas, MOL Pakistan, Mari Petroleum, UEPL, UGDC, Engro Vopak Terminal, Pak-Arab Pipeline Company, GHPL, and United Energy Pakistan.
• Individual Membership Annual membership for professionals connected with Pakistan's oil and gas activities, providing access to industry events, updates, training discounts, publications, and networking.
• Pakistan Energy Outlook Publication Biennial strategic publication offering insights into Pakistan's energy demand-supply dynamics and integrated planning amid economic and environmental challenges.

Quantifiable outcome

• Pakistan Energy Conference 2026 brought together senior policymakers, industry leaders, academia, and technology experts to discuss energy sector reforms and sustainable growth
• +1 more outcomes

Named customers14 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

13 partnerships are on record, tiered minor and core.

• Caspian and Central Asia Oil Trading and Logistics ForumminorGTM or Marketing Partner · 24 April 2026CEO Shehryar Omar spoke at the 2nd Caspian and Central Asia Oil Trading and Logistics Forum held in Baku, Azerbaijan April 24-25, 2026, sharing insights on regional energy connectivity and emerging trade corridors.
• Pakistan Society for Training and Development (PSTD)coreStrategic or Co-development Partner · 16 March 2026MOU signed on March 16, 2026 to strengthen collaboration in professional training and capacity building. Key areas include joint training programs, access to PSTD training facilities, expansion of PIP's training portfolio, PSTD e-learning modules for LMS platforms, HSE-related training initiatives, and collaboration on AI resources for specialized training. The partnership aims to expand learning opportunities for members of both organizations and develop mutually beneficial initiatives.
• OGDCL (Oil & Gas Development Company Limited)coreGTM or Marketing Partner · 8 January 2026Participated as Lead Partner in the Pakistan Energy Conference (PEC) 2026, held January 8 at Serena Hotel, Islamabad. Conference brought together senior policymakers, industry leaders, and technology experts to discuss energy sector transformation.
• PARCO (Pak-Arab Refinery Limited)coreGTM or Marketing Partner · 8 January 2026Gold Partner in Pakistan Energy Conference (PEC) 2026. Conference theme was 'Transforming Pakistan's Energy Sector' with focus on reforms, innovation, and sustainable growth.
• PPL (Pakistan Petroleum Limited)coreGTM or Marketing Partner · 8 January 2026Gold Partner in Pakistan Energy Conference (PEC) 2026.
• PSO (Pakistan State Oil)coreGTM or Marketing Partner · 8 January 2026Gold Partner in Pakistan Energy Conference (PEC) 2026.
• UEPL (United Energy Pakistan Limited)coreGTM or Marketing Partner · 8 January 2026Gold Partner in Pakistan Energy Conference (PEC) 2026.
• UGDC (United Gas Discovery Company)minorGTM or Marketing Partner · 8 January 2026Silver Partner in Pakistan Energy Conference (PEC) 2026.
• NED University of Engineering & Technology (NEDUET)coreStrategic or Co-development Partner · 11 November 2025Jointly organized the 3rd International Conference on Innovation, Sustainability & Islamic Finance (ISIF 2025) held November 11-12, 2025 in Karachi at NED. PIP CEO Shehryar Omar spoke at the conference, which brought together professionals from academia and industry.
• Canadian Petroleum Training Institute (International) Inc. (CPTI International Inc.)coreStrategic or Co-development Partner · 22 April 2024International collaboration for specialized training. Organized a five-day course on Horizontal & Multilateral Drilling & Exploration Target Technology held April 22-26, 2024 in Islamabad. Participants received certificates from CPTI International Inc.
• Lahore University of Management Sciences (LUMS)coreStrategic or Co-development Partner · 26 December 2023Collaborative training initiative resulting in a four-day Critical Thinking & Decision Making training session held at LUMS campus from December 26-29, 2023. PIP organized the program for senior professionals from PSO, PRL, GHPL, and Total Parco Pakistan Limited.
• LUMS Energy Institute (LEI)coreStrategic or Co-development PartnerAcademic partnership for energy research and knowledge sharing. Listed as an institute collaboration on PIP's website under the Institutes section.
• Pakistan Institute of Development Economics (PIDE)coreStrategic or Co-development PartnerAcademic partnership for energy policy research. Listed as an institute collaboration on PIP's website under the Institutes section.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Society of Petroleum Engineers (SPE): International oil & gas professional society offering conferences, publications, and training/membership services to upstream and midstream professionals worldwide. PIP operates a national analogue of SPE's value proposition for Pakistan's industry professionals.
• International Association of Oil & Gas Producers (IOGP): Global industry association representing upstream oil & gas operators on safety, standards, and policy. Comparable to PIP in mission (industry coordination, training, advocacy) but operating at an international rather than national level.
• World Petroleum Council (WPC): International oil & gas forum hosting the World Petroleum Congress. Functions as a global counterpart to PIP's Pakistan Energy Conference and broader industry-association mandate.
• American Petroleum Institute (API): The global oil & gas industry association whose standards (API 570, 653, 1104, 1163) PIP directly teaches. API is the ultimate authority PIP leverages; it is much larger and U.S.-based, but serves the same industry-association and standards-training role globally.
• PETRONAS Energy Canada (training arm — PETRONAS): Major integrated oil & gas company with extensive internal training programs for industry professionals. Comparable as a large-scale provider of technical and safety training aligned to petroleum standards, and a potential partner or competitor for in-country training delivery.
• OPEC (Organization of the Petroleum Exporting Countries): Intergovernmental oil & gas organization producing outlooks and convening ministerial/policy forums. PIP's Pakistan Energy Outlook publication and PEC forum mirror OPEC's research-and-convening role at a national scale.

Emerging players

• OEC (Oil & Energy Conference organizers, regional): Regional oil & gas conference organizers (e.g., Caspian and Central Asia Oil Trading and Logistics Forum) where PIP's CEO has presented. Comparable as alternative convening platforms competing for the same regional energy-policy audience.
• Institute of Petroleum Engineering, Heriot-Watt University: Academic institution offering specialized petroleum engineering training and short courses to industry professionals internationally. Comparable as an alternative source of certified technical training for Pakistan's oil & gas workforce.

Regional players

• Pakistan Electric Power Private Power Infrastructure Board: Pakistan-based energy-sector government body with which PIP coordinates on policy and industry engagement. Comparable as a domestic institution working at the industry/policy interface in Pakistan's energy sector.

Direct peers

• Canadian Petroleum Training Institute (CPTI): Specialized petroleum training institute that already partners with PIP to deliver joint courses (e.g., the April 2024 Horizontal & Multilateral Drilling program). Directly comparable as a standards-based, industry-aligned training provider serving the oil & gas sector.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/PetroleumInsti2
• YouTubeyoutube.com/channel/UCRyjE3IhxDhkKNxVGS2K6HQ
• Facebookfacebook.com/Petroleum-Institute-of-Pakistan-100087987497228
• LinkedInlinkedin.com/company/petroleum-institute-of-pakistan1

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Petroleum Institute of Pakistan