Browsing: Oil & Gas

The Arabian Gulf Oil Company (AGOCO) announced the completion of the operation of the “G318” well in the fifth station of the Nafoura oil field, located between Jallo and Ajkhara in the southeastern Libya, and put it on production.

The Libyan House of Representatives has issued a resolution to form a committee to set up a mechanism for distributing oil revenues according to geographical distribution, population, and oil and gas production and export areas.