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Home Business

AGOCO holds workshop on oil and gas exploration and development

byCallum Paton
April 13, 2014
Reading Time: 1 min read
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AGOCO holds workshop on oil and gas exploration and development

AGOCO managers and experts at the NOC headquarters (Photo: AGOG)

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By Jamal Adel.

AGOCO managers and experts at the NOC headquarters (Photo: AGOG)
AGOCO managers and experts at the NOC headquarters (Photo: AGOCO)

Tripoli, 10 April 2014:

Experts and managers from the National Oil Corporation (NOC) subsidiary, the Arabian Gulf Oil Company (AGOCO), . . .[restrict]met in Tripoli on Sunday for a workshop to discuss newly explored oil and gas fields.

“We held the workshop to impart broader knowledge in the latest techniques in maintenance and for development of a number of oilfields,” the head of AGOCO’s media department, Ahmed Al-Ereby, told the Libya Herald.

He said that a number of proposals had been put forward at the workshop including developing newly explored wells as well as how this expansion could be budgeted. He added that NOC chairman Nuri Berruien had expressed how pleased he was that priority had been given to the exploration of new gas fields given the rising rates of energy consumption in Libya.

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“The NOC has supported all projects that will conceivably increase energy production and bolster the national economy,” Al-Ereby said. “It has also emphasised the exploitation of gas resources with local companies in ways which will decrease environmental risks,” he added. [/restrict]

Tags: AGOCOoil explorationworkshop
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