Technical coordination to raise output from oilfields
LIBYA – National Oil Corporation (NOC) chairman Masoud Suleiman has held a meeting attended by the NOC’s operations committee, the chairman of the management committee of Akakus Oil Operations and the director of Repsol in Libya, to discuss plans to raise production rates, projects for the next phase and opportunities to develop the company’s oil operations.
Speeding up projects and strengthening technical coordination
According to the NOC’s media office, Suleiman said increasing production, developing fields and improving operating efficiency were priorities for the next phase, which requires faster delivery of the targeted projects, closer coordination between the NOC and its partners, and harnessing technical capabilities to achieve practical results.
Reservoir studies and clear implementation timetables
The meeting stressed the importance of reservoir studies, of monitoring reservoir performance and behaviour and of sound reservoir management, as well as the need to turn plans and programmes into concrete results according to set timetables that raise production capacity.
