Gulf Oil and Gas accountACCOUNT

Libya's Agoco Cuts Oil Output Further Due to Protests

Source: Reuters 5/5/2012, Location: Africa

Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10,000 barrels per day (bpd) due to protests that have closed off its headquarters for nearly two weeks, a spokesman said on Saturday. Abdeljalil Mayuf said Benghazi-based Agoco had now cut production by 30,000 bpd since Thursday. "We are now at 340,000 bpd," he said by phone.

Demonstrators have obstructed the main entry gate since April 23, preventing Agoco staff from reaching their offices. Agoco had threatened to cut output if no solution was found by Thursday. Mayuf said more than 100 Agoco employees gathered outside the Benghazi office of the High Security Committee on Saturday calling for a solution to end the blockade. He said officials there said that a meeting was planned later in the day with the head of Libya's ruling council over the matter.

Production News in Libya >>

Pakistan >>  2/13/2020 - Jura Energy Corporation is pleased to announce that, after successful testing and commissioning of production facilities, commercial production has co...
China >>  2/12/2020 - CNOOC Limited (the “Company”, SEHK, NYSE: CEO) announced that Bozhong 34-9 Oilfield has commenced production. ...

Norway >>  2/11/2020 - A new gas module that was recently put on stream on the Troll C platform will accelerate and boost production from Fram by substantial profitable volu...
Ukraine >>  2/10/2020 - Cadogan Petroleum plc, the London Stock Exchange listed independent oil and gas company, is pleased to provide the following operational update post y...

Argentina >>  2/5/2020 - Echo Energy, the Latin American focused upstream oil and gas company, provides an update on production from the Company's recentlyacquired 70% non-op...
United Kingdom >>  2/4/2020 - BP, as operator and on behalf of co-venturer Shell, announced encouraging early production from the Alligin field in the west of Shetland region, offs...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Libya Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

More News

Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.