noc

The Chairman of the National Oil Corporation (NOC), Farhat Bengdara, called on the management of the Arabian Gulf Oil Company (AGOCO) to increase oil production rates in its fields, stressing the NOC's support for achieving this goal.

This request came in a meeting held by Bengdara on Sunday with the Chairman of AGOCO's Management Committee, Mohammed Bin Shatwan, and members of the Management Committee at the company’s headquarters in Benghazi.

AGOCO said on Facebook that Bengdara had stressed during the meeting the necessity of creating the appropriate environment for the company’s employees in order to ensure greater performance and productivity.

It added that Bengdara also discussed the difficulties and obstacles facing AGOCO and preventing its employees from achieving some of the goals that the management set, referring to the suspension of a number of projects on financial and logistical grounds.

The average production of the Arabian Gulf Oil Company reaches 280,000 barrels per day, according to company's data.