Technical Presentation on Oil & Gas Reserves

A technical presentation on the results of the evaluation and assessment of oil and gas reserves in the sedimentary basins in Libya was given recently at National Oil Corporation (NOC) offices in Tripoli.

These evaluations and assessments were conducted by the technical team formed under the Board of Directors Resolution no. 22 for the year 2013 which composed of a number of specialists from the departments of exploration of NOC, the Arabian Gulf Oil Company (AGOCO), Sirte Oil Company for Production & Processing of Oil and Gas, Waha Oil Company and Libyan Petroleum Institute.

The meeting was attended by the Chairman of the Board of Directors Mr. Mustafa Sanalla and Members of the Board of Directors Messrs. Abulgasem Shengheer and Jadalla Alaokali (via the closed circuit). The managers of exploration, investment, reserves development, production and drilling, technical information as well as a number of specialists from NOC technical departments also attended the meeting.

(Source: NOC)

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