No Result
View All Result
Tuesday, July 8, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Libya

NOC’s AGOCO increases Messla oil production by 2,900 barrels

bySami Zaptia
November 25, 2019
Reading Time: 1 min read
A A

By Sami Zaptia.

(Logo: NOC).

London, 25 November 2019:

The Arabian Gulf Oil Company (AGOCO), a wholly owned subsidiary of Libya’s state National Oil Corporation (NOC), has increased oil production at its Messla oilfield by 2,900 barrels per day.

This was achieved by connecting well (H54-65) to the production line on Friday, 23 November.

The NOC reported that the well had been previously abandoned since 1979 by Messla field due to the poor characteristics of the reservoir in terms of porousness and permeability. The well was re-entered and rerouted using the guided drilling technique.

RELATED POSTS

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

NOC signs MoU with Turkish oil company TPAO for geological and geophysical study of four marine areas

Providing further technical information, the NOC added that in October 2018, the well was re-entered from inside the packaging tubes and the drilling was directed using the latest guided drilling techniques called Geosphere 474.

It reported that AGOCO is the first company in Africa and one of the first companies in the world to use the technology.

The Messla field increased oil production comes as part of a number of recent increases in a number of fields and as part of the larger strategy by the NOC to increase Libya’s oil production which was recently facilitated by the granting of an exceptional budget by the Tripoli-based and Faiez Serraj-led government.

 

https://www.libyaherald.com/2019/11/21/noc-aims-for-1-5-m-barrels-a-day-in-2020-and-2-1-m-in-2024/

 

https://www.libyaherald.com/2019/11/13/nocs-faregh-field-boosts-production-to-250-million-cubic-feet-of-gas-per-day/

 

https://www.libyaherald.com/2019/11/07/increased-oil-production-at-sarir-field-as-part-of-noc-long-term-plan/

 

https://www.libyaherald.com/2019/08/22/serraj-government-discussing-further-funding-for-noc-to-activate-libyan-economy/

 

https://www.libyaherald.com/2019/11/07/increased-oil-production-at-sarir-field-as-part-of-noc-long-term-plan/

Tags: AGOCO Arabian Gulf Oil CompanybudgetFaiez Serraj Presidency Council Government of National Accord PC GNAfeaturedMessla fieldNOC National Oil Corporationoil production

Related Posts

Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds
Business

Op-Ed: Reputational Damage Is Worse Than Losing Money

July 2, 2025
Libyan Russian Economic Forum starts in St. Petersburg
Libya

Libyan Russian Economic Forum starts in St. Petersburg

June 27, 2025
MoI establishes Elections Security and Protection Department
Libya

Aldabaiba and Menfi stress use of polling feedback to establish consensus basis for constitutional process: report and analysis

June 26, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

“There is no state built by gangs and criminality, it’s built by engineers, youth, consultants, security, police and army”: Aldabaiba

June 23, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Libya

187 new security posts taken over from militias – PM declares victory for the state as all vital Tripoli sites come under its exclusive control for the first time since 2011

June 19, 2025
Interior Ministry’s Diplomatic Missions Protection personnel receiving training in Ukraine
Libya

The Interior Ministry had spent LD 50 billion in 13 years with no result: Acting Interior Minister Trabelsi

June 17, 2025
Next Post
U.S. delegation meets Hafter

U.S. delegation meets Hafter

Serraj aligned forces attack and occupy El-Feel oilfield, production halted

Serraj aligned forces attack and occupy El-Feel oilfield, production halted

ADVERTISEMENT

Top Stories

  • Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds

    Op-Ed: Reputational Damage Is Worse Than Losing Money

    0 shares
    Share 0 Tweet 0
  • All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

    0 shares
    Share 0 Tweet 0
  • CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

    0 shares
    Share 0 Tweet 0
  • Libya’s economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

Op-Ed: Reputational Damage Is Worse Than Losing Money

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.