Browsing: Oil & Gas

The Arabian Gulf Oil Company (AGOCO), an oil company based in Benghazi and subsidy of the National Oil Corporation (NOC), announced a plan to convert the HH59-65 well, currently classified as an “observation well” and located in the Masla oil field, into a producing well after a hiatus of two years and eight months.

Repsol Energy announced that it will resume in the Al-Sharara oil field after Libya’s National Oil Corporation (NOC) has lifted force majeure from the field, which was shut down three weeks ago.