AGOCO

AcronymDefinition
AGOCOArabian Gulf Oil Company (Libya)
References in periodicals archive ?
This was also confirmed recently by AGOCO's spokesman Umran al-Zwai.
"To pay Jathran instead of Agoco makes no sense, politically, economically or legally," Sanalla said.
In April, armed protestors blockaded the headquarters of the NOC's most important subsidiary, the Arabian Gulf Oil Company (Agoco), in Benghazi, demanding greater transparency over the company's finances and recruitment process.
TRIPOLI: Libya's Arabian Gulf Oil Company (Agoco) has cut oil production by another 10,000 barrels per day (bpd) due to protests that have closed off its headquarters for nearly two weeks, a spokesman said yesterday.
Berruien said that on Novemebr 15, the NOC had taken over oil sales from Benghazi-based Agoco, which had shared control over them since the uprising began in February.
Berruien said that on November 15, the NOC had taken over oil sales from Benghazi-based Agoco, which had shared control over them since the uprising began in February.
Traders also expected the reformed NOC to usher in a new era of efficiency, after deals with its eastern subsidiary Agoco, which managed sales and purchases during the war, had been conducted via e-mail.
These include the fields operated by Benghazi-based Agoco, the Al-Jurf offshore field operated jointly by France's Total and the National Oil Corporation, and the Abu Attifel field operated by the Mellitah Oil Company joint venture with Italy's Eni, it added.- TradeArabia News Service
"They said they would leave us with the world's largest candlestick," said Younis Feituri, a member of Agoco's management committee for exploration and production.
Libya is already producing oil from the eastern field of Sarir and sending it to the export terminal of Tobruk, NOC subsidiary Agoco has said.
Libya's Arabian Gulf Oil Company (Agoco) filled a cargo which failed to attract buyers because of confusion over quality, traders said this week.
BENGHAZI: Libyan oil firm Agoco has promised to give half its early crude oil production to trading firm Vitol as payment for fuel supplied to rebels during the uprising against Muammar Qaddafi.