The Arabian Gulf Oil Company (AGOCO), a subsidiary of Libya’s National Oil Corporation, announced that the Canadian firm has resumed work in the Nafoura oil field.
In a statement released via its Facebook page, AGOCO said that the Chairman of the Management Committee, Muhammad Belqasim bin Shatwan, met with representatives of the Canadian firm “as part of the plan drawn up by the Management Committee regarding restoring the confidence of contractors, and urged them to resume their activities in the various locations.”
The current production of the Nafoura field is about 21,000 barrels per day, and its production is pumped through a line of 30 inches in diameter to the port of Ras Lanuf through the Amal-Ras Lanuf system.