Arabian Gulf Oil Company

Arabian Gulf Oil Company
شركة الخليج العربي للنفط
Company typeState-owned
IndustryPetroleum
Founded1979
HeadquartersBenghazi, Libya
Key people
Salah.Elqutrani (Chairman)
ProductsExploration
Oil and gas
WebsiteOfficial website

The Arabian Gulf Oil Company (Agoco; Arabic: شركة الخليج العربي للنفط) is an oil company based in Benghazi, Libya, engaged in crude oil and natural gas exploration, production and refining. It was a subsidiary of the state-owned National Oil Corporation (NOC).[1][2]

Overview

Agoco Fields

The Sarir field was discovered in the Sirte Basin by BP in 1961 is considered the country's largest field.[3] The Messla field was discovered in 1971 and is situated 500 km southeast of Benghazi and is also considered one of the biggest fields in the Sirte basin. Nafoora field is situated in the northeastern part of the Sirte basin and discovered in early 1965.[4]

2011 Libyan civil war

Main article: 2011 Libyan civil war

The Arabian Gulf Oil Company announced plans to use oil funds to support anti-Gaddafi forces.[5]

See also

Notes

  1. ^ EIA (2007)
  2. ^ "Libya rebels fight to keep oil lifeline open". Financial Times.
  3. ^ C. Lewis (1990)
  4. ^ T. Ahlbrandt (2001)
  5. ^ "Libya's Arabian Gulf Oil Co hopes to fund rebels via crude sales-FT". Reuters. 11 March 2011. Archived from the original on 14 March 2011.

References