The Address | Benghazi – Libya
BENGHAZI – The Arabian Gulf Oil Company (AGOCO) has revived its 47th anniversary after the nationalization of British Petroleum on Dec. 7, 1971.
In a speech marking the occasion, Mohammed bin Shatwan, Chairman of the Management Committee of the company, delivered a speech during which he spoke about the company’s progress and its development. The company challenged from its first years until now all the difficult circumstances and all the opinions that doubt the ability of the Libyans to manage and run the business of this company, Shatwan said.
Shtwan praised the efficiency and merit of the national element and work in difficult circumstances thanking its previous successive administrations and workers who have national sense and belonging to their company.
AGOCO is a wholly-owned joint venture company owned by the Libyan state and headquartered in Benghazi.
Its field of work is exploration and production of oil and natural gas, processing, refining, transporting and storage.
Shatwan congratulated all employees of the company, wishing them good health and wellness.
He stressed that the management committee seeks to provide the best services to users at all sites of the company while working to raise the productive capacity of this great oil fortress.
At the end of the ceremony, honorary shields were presented to the company’s departments, fields and locations.
The Municipality of Morada also presented an honorary shield and certificates of appreciation to the management committee of the company for supporting the Municipality.