The Arabian Gulf Oil Company (AGOCO) has discussed with Schlumberger the mechanisms of developing cooperation between the two parties in the energy field.

The meeting that brought together high-ranking officials from both sides reviewed the problems and difficulties concerning wells operated by electric submersible pumps.

Both parties agreed on the need to improve and develop wells and provide the necessary equipment for their operation.

The company reiterated that such measures are vital to maintaining production and would accelerate the resumption of stalled oil wells.

Economy