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Libya’s AGOCO Explores Advanced Tech Partnership with UK Firm

August 3, 2024
Libya’s AGOCO Explores Advanced Tech Partnership with UK Firm

Libya’s AGOCO Explores Advanced Tech Partnership with UK Firm

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On Saturday, Libya’s Arabian Gulf Oil Company (AGOCO) Chairman Mohamed Ben Shatwan held talks with Douline Technologies’ Business Development and Sales Director Neil McIntosh, to explore new collaborative opportunities focused on integrating the latest advancements in oil and gas technology, particularly in combating corrosion in production pipelines.

AGOCO announced that Douline Technologies, a subsidiary of the British conglomerate Maxtube Group, is being considered for joint efforts to implement state-of-the-art technologies. These technologies are aimed at addressing issues such as corrosion caused by deposits and scaling in production pipelines.

During the discussions, Macintosh presented a detailed overview of Douline Technologies’ latest innovations in pipeline lining.

These technologies are designed to protect pipes from corrosion and extend their operational lifespan. Ben Shatwan emphasized the importance of these technologies in maintaining the integrity of production infrastructure and enhancing operational efficiency. He noted that AGOCO would coordinate with relevant departments to study the feasibility of applying these technologies in its oil fields.

Libya’s oil and gas sector is at a critical juncture. Since the 2011 revolution that led to the fall of Muammar Gaddafi, the country has faced significant challenges in stabilizing its political landscape and revitalizing its economy, heavily reliant on oil exports.

AGOCO, a subsidiary of the state-owned National Oil Corporation (NOC), operates primarily in eastern Libya. It has been striving to modernize its operations and infrastructure amidst ongoing political instability and security concerns. The introduction of advanced technologies to combat pipeline corrosion is a crucial step in ensuring the sustainability and efficiency of its oil production.

Douline Technologies, through its parent company Maxtube Group, has established a reputation for innovative solutions in the oil and gas industry. Their expertise in pipeline technology and anti-corrosion measures aligns well with AGOCO’s objectives of maintaining infrastructure integrity and improving production processes.

The successful implementation of Douline Technologies’ solutions could significantly benefit Libya’s oil industry. Corrosion in pipelines is a major issue that can lead to leaks, environmental hazards, and costly repairs. By adopting advanced lining technologies, AGOCO aims to reduce these risks, lower maintenance costs, and ensure a steady flow of oil production.

Moreover, this collaboration highlights the potential for international partnerships to support Libya’s economic recovery. As Libya continues to rebuild, the integration of modern technologies from established global firms can play a pivotal role in revitalizing its oil sector, which is the backbone of its economy.

Tags: AGOCOBritish FirmlibyaoilUK
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