Company type | State-owned |
---|---|
Industry | Petroleum |
Founded | 1979 |
Headquarters | Benghazi, Libya |
Key people | Salah.Elqutrani (Chairman) |
Products | Exploration Oil and gas |
Website | Official 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).
Overview
Agoco Fields
The Sarir field was discovered in the Sirte Basin by BP in 1961 is considered the country's largest field. 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.
2011 Libyan civil war
Main article: 2011 Libyan civil warThe Arabian Gulf Oil Company announced plans to use oil funds to support anti-Gaddafi forces.
See also
Notes
- EIA (2007)
- "Libya rebels fight to keep oil lifeline open". Financial Times.
- C. Lewis (1990)
- T. Ahlbrandt (2001)
- "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
- C.J Lewis (1990) Sarir Field: Sirte Basin, Libya
- Energy Information Administration (2007) Libya: Country Analysis Brief
- World Bank (2006), Libyan Arab Jamahiriya: Economic Report, Social & Economic Development Group: MENA Region
- P. Mobbs (2002) Mineral Industry of Libya
- P. Mobbs (2000) Mineral Industry of Libya
- Thomas S. Ahlbrandt (2001) The Sirte Basin Province of Libya: Sirte-Zelten Total Petroleum System U.S. Geological Survey
- BBC News