Arabian Gulf Oil Company

The Arabian Gulf Oil Company (Agoco; ) 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

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

See also

  • List of petroleum companies

References

  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^