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Home Business

Kuwaiti briefing trip for Libyan oil people

byNigel Ash
June 7, 2012
Reading Time: 1 min read
A A

Tripoli, 7 June

A group of thirteen managers, engineers, planners and specialists from Libyan oil companies has been hosted by a Kuwaiti . . .[restrict]oil firm which flew them to the Gulf for a workshop on rebuilding the Libyan energy industry,

Kuwait Energy, which describes itself as one of the fastest-growing independent oil and gas exploration and production companies in the Middle East, provided personnel from the National Oil Company (NOC), the Arabian Gulf Oil Company (AGOCO), the Sirte Oil Company (SOC), the Ras Lanuf Oil & Gas Processing Co. (RASCO) and the Waha Oil Company (WOC) a full-day workshop designed to give insights and guidance on the reconstruction of the Libyan energy sector. This made comparisons with Kuwait’s own experience, which included the destruction caused by retreating Iraqi troops in 1991.

Collaborating with the Kuwait Oil Company, Kuwait Energy also took their Libyan guests to the al Ahmadi facilities and production fields.

Kuwait Energy CEO Sara Akbar

Kuwait Energy’s CEO Sara Akbar said, “Libya’s energy sector has been tremendously affected during the years of autocratic ruling that overlooked the development of the industry. With the downfall of the regime, Libyans have begun to rebuild this vital sector. Kuwait Energy took the initiative, capitalising on Kuwait’s expert team in post-war rebuilding, to extend support to Libya’s energy sector by providing its team with case studies, insights and solutions that would help ease Libya’s future transition.”

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Kuwait Energy, which began operations in 2005 currently has no operations in Libya. It currently has operations in Egypt, Yemen, Iraq, Oman and Pakistan, was well as Russia, the Ukraine and Latvia. [/restrict]

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