Libya’s Arabian Gulf Oil Company (AGOCO) revealed yesterday the hosting of a third official meeting with BP.
It announced it hosted the ongoing proceedings of a joint technical workshop bringing together specialized teams from the National Oil Corporation (NOC), AGOCO, and BP.
AGOCO said the meeting takes place within the framework of implementing the Memorandum of Understanding signed between the NOC and BP, which aims to enhance cooperation for the development of the Sarir and Messla oil fields.
The workshop was attended by a delegation led by Mahmoud Ismail, BP’s Executive Director in Libya, and Ronnie Rom, the company’s Exploration Manager, alongside experts from the NOC’s Exploration Department.
The two-day workshop focused on discussing technical exploration programmes, involving an exchange of insights and detailed technical presentations from both sides.
For its part, AGOCO reported that it had delivered a comprehensive presentation that included drilling proposals and 3D seismic survey programmes.
The parties concluded the meeting by emphasizing that these exploration programmes and projects primarily aim to increase production efficiency and boost oil reserves in both fields, thereby contributing to the support of the Libyan economy.
Follow up on previous meetings
It will be recalled that AGOCO held a meeting last Wednesday (15 July) with BP to follow up on coordination steps agreed upon in previous meetings, aiming to translate ambitious plans into tangible results.
AGOCO had also held a meeting with BP last Thursday (16 July) on security and safety.
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