The Chairman of Arabian Gulf Oil Company (AGOCO), Mohamed Ben Shatwan, has discussed with a delegation from the SLP Libya cooperation in order to increase oil production through development of the company’s fields, and accelerating the process of developing discovered fields.
This cooperation aims at tapping into experiences exchange between the two companies. It will also focus on developing and implementing modern techniques in production and exploration processes, and developing a smart system for managing operations, according to AGOCO.
The two parties will improve operational efficiency by applying the most modern technologies and systems, and reducing cost by enhancing capacities of national cadres through uniformity of apparatus and exchange of knowledge, expertise and training.