Tag Archives | Agoco

AGOCO Tender for Refurb at Hamada

The Arabian Gulf Oil Company (AGOCO) has announced a tender for the renewal of an old recreation building at the Hamada oil field. (MTC 32\2013). Brief Project Description: Renewal of the old recreation building at Hamada field (NC-8). The work should be carried out on the following places: main entrance area – storage area – multipurpose area […]

AGOCO Tender for Replacement of Trunk Line

The Arabian Gulf Oil Company (AGOCO) has announced a tender for the replacement of Trunk line no “CR-0009-10” between Satellite 13 and Gosp- NC8 at Hamada Field (MTC 35\2013): Brief Scope of Work: The contractor shall replace the existing 10 "corroded Trunk line between Satellite 13b & Gosp- NC8 of total length approximately (14) Km, […]

Oil Output to Fall Further as Worker Protests Spread

According to Reuters, Libyan oil production is set to drop further as workers at the country's Arabian Gulf Oil Company (AGOCO) plan to progressively reduce output in protest over management changes and the company's structure. "Union members met today in the fields of Mesla, Nafoora, Sarir and Hamada, and they decided to cut production in […]

Wintershall Attributes Record Output to Libya

Germany’s largest internationally active crude oil and natural gas producer, Wintershall, has attributed its record production figures in 2012 to Libyan output. The company increased net income after taxes and minority interests by almost 13 percent to 1.2 (2011: 1.1) billion euros, thereby crossing the billion euro threshold for the second time running. Sales by […]

AGOCO Tender: Electrification of Oil Wells at Nafoora

The Arabian Gulf Oil Company (AGOCO)'s Main Tender Committee has announced the following tender: 1. PROJECT TITLE: Electrification of six oil wells at Nafoora field, Project: n-96. BID NO: MTC- 32/2012 BOOK PRICE: 500 L.D. 2. PROJECT TITLE: Study for Electrical engineering protection systems and perform relays adjustment, test & analysis on the ( 33/11/3.3 […]

Libya’s Agoco Oil Output to Pass Pre-Conflict Levels, IOD Says

Libya’s state-owned Arabian Gulf Oil Co.’s crude output could reach 450,000 barrels a day by the end of the year, surpassing pre-conflict levels, International Oil Daily reported, citing unidentified company officials. The company known as Agoco is now producing about 400,000 barrels a day, IOD said. The additional output will come from the company’s Messla […]

Libya troops end protest at Agoco, secure offices

Libyan security forces have put an end to a protest that closed off the headquarters of the country’s biggest oil company for two weeks, securing the offices and arresting some demonstrators overnight, officials said on Wednesday.   Protesters had prevented employees from entering Agoco’s office since April 23, calling for more transparency over how Libya’s […]


Libyan oil corp. denies its Agoco unit cut output

Libya's National Oil Corporation (NOC) has denied its eastern subsidiary has reduced oil production due to protests that have closed off its headquarters for nearly two weeks but the unit maintained on Sunday that it had cut output. A spokesman for Benghazi-based Arabian Gulf Oil Company (Agoco) said on Saturday it had cut output by […]