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Home Business

Mabruk Oil reviews 2014 production and 2015 budget

byNewsdesk2
February 6, 2015
Reading Time: 1 min read
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By Libya Herald staff.

Tripoli, 6 February 2015:

Mabruk Oil Operations hopes to increase production rates in 2015. At its Annual General Meeting it reviewed . . .[restrict]goals and projects implemented in 2014 and proposed projects for this year.

At the National Oil Corporation (NOC) headquarters in Tripoli on Monday, Ghasem Hankir, taking the chair, opened the proceedings which were attended by the company’s departmental directors, general managers, members of the Oversight Committee and the Management Committee as well as AGM members Amari Mohamed Lamari and Jadallah Hamad Al-Aklai.

The Assembly took place before this week’s brutal attack at Mabruk oilfield that resulted in the death of nine poeple.

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The meeting included a review of the company’s budget and activities in the year 2014, including safety, environmental preservation, development projects implemented, and production rates for the year.

They also looked at the production rate targeted for the year 2015 as well as this year’s proposed budget.

Additionally, problems and possible solutions faced by the functioning of the company were discussed.

Mabruk is a joint venture between the National Oil Corporation, France’s Total and Norway’s Statoil. [/restrict]

 
Tags: LibyaMabruk OilNOC National Oil Corporationoil production
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