Libya’s Arabian Gulf Oil Company (AGOCO) held talks with Shell to expand cooperation aimed at increasing oil production and developing mature fields. Discussions focused on using enhanced oil recovery technologies and addressing technical challenges at aging sites. The companies also explored technology transfer and training for Libyan staff. Officials said the talks are part of efforts to improve operational efficiency and strengthen the oil sector, according to company statements and media reports.
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AGOCO, Shell Discuss Oil Output Boost
Business
06/04/2026
Libya’s Arabian Gulf Oil Company (AGOCO) held talks with Shell to expand cooperation aimed at increasing oil production and developing mature fields. Discussions focused on using enhanced oil recovery technologies and addressing technical challenges at aging sites. The companies also explored technology transfer and training for Libyan staff. Officials said the talks are part of efforts to improve operational efficiency and strengthen the oil sector, according to company statements and media reports.
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