Arabian Gulf Oil Company (AGOCO) has held high-level talks with the US-based energy services firm Halliburton to explore ways to enhance oil field operations through the use of advanced technologies, as part of its ongoing efforts to improve efficiency and increase production across its fields.
The meeting was chaired by Mohamed Ben Shtouan, Chairman of the Management Committee of Arabian Gulf Oil Company, and focused on strengthening technical cooperation in line with the company’s development strategy.
According to the company, discussions reviewed the current operational status of its oil fields and production sites, as well as ongoing activities and challenges facing field operations. Both sides also examined future work programs aimed at improving operational performance, optimizing production processes, and raising output levels sustainably and cost-effectively.
During the talks, they also reviewed the potential deployment of Halliburton’s advanced technological solutions to support drilling, well services, and production optimization.
These solutions are expected to help improve drilling efficiency, reduce operational downtime, enhance reservoir performance, and apply modern production techniques that align with international oil and gas industry standards.
Arabian Gulf Oil Company emphasized that adopting modern technology is a cornerstone of its strategy to sustain production, maximize recovery from existing fields, and ensure the optimal use of national resources.
Company officials stressed that technological upgrades are essential to maintaining stable output levels and meeting future production targets, particularly as fields mature and operational complexity increases.
The company reaffirmed its commitment to pursuing strategic collaborations that support sustainable operations, increase productivity, and reinforce Libya’s role as a reliable energy producer.
