AGOCO discusses Nafoura field water treatment project with Germany’s Verostal


July 2019 – Libya’s state-owned Arabian Gulf Oil Company (AGOCO) discussed cooperation with Germany’s Verostal company Nafoura oilfield’s water treatment project, the eastern-based branch of Libya’s official state news agency, LANA reported yesterday.

It reported that AGOCO met with the General Manager and Regional Director of the German company.

Besides discussion of the water treatment project accompanying contract area (91) in Nafoura oilfield, the technical and financial status of the J22 gas exploitation project (Bed/Obelisk) and the project of connecting the concession wells (M.N.4) to the Al-Hammada field, were discussed, LANA reported.

The report also said that the development of an effective and serious mechanism for the completion of the J22 gas exploitation project, to ensure that the project’s objectives are met in accordance with Verostal’s contract, were also discussed.

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Fantastic news, let’s hope it becomes reality!

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Let’s hope this has some positive outcomes!

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So many meetings with so little outcome... I have never ever come across such an ineffective and futile leadership. No wonder the genuine good people of Libya despair!


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