The Arabian Gulf Oil Company (AGOCO) held talks with the British firm UK Lighting Group on Thursday to explore ways of integrating renewable energy into Libya’s oil sector. The discussions centred on how clean energy could enhance the efficiency of newly discovered oilfields and increase their long-term economic returns.
According to a statement released by Agoco, the UK company presented a detailed technical briefing highlighting the latest innovations in renewable energy solutions. The presentation also showcased projects implemented by the firm in different parts of the world, illustrating how renewable energy can support oil and gas operations.
The meeting comes as Libya seeks to diversify its energy strategy while maximising the output of its hydrocarbon sector. Industry experts believe that adopting solar and other renewable technologies in upstream operations could lower costs, reduce environmental impact, and ensure greater sustainability.
The session was attended by the head of Agoco’s Discovered Fields Team along with directors from the reservoir engineering, maintenance, operations, engineering and construction, technical affairs, and health, safety and environment departments. Specialists from the company’s various divisions also took part in the talks, reflecting the wide-ranging importance of the project.
In addition to the UK Lighting Group’s proposals, other international firms are engaging with Agoco on projects related to infrastructure and maintenance. Companies MENA and F&A have recently presented plans for the servicing of oil storage tanks operated by Agoco.
The collaboration signals growing international interest in Libya’s oil sector at a time when the country is working to stabilise production and attract new investment. By combining traditional oil output with renewable solutions, Agoco aims to improve operational efficiency while aligning with global energy trends.
