Kuwait Energy hosts Libyan oil delegation

Press release
Published June 6th, 2012 - 07:49 GMT

Al Bawaba
Al Bawaba

Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced that it has hosted a delegation of officials from Libyan national oil companies for a full day workshop to provide them with insights and guidance in ways to rebuild the Libyan energy industry. 

Kuwait Energy CEO, Sara Akbar, inaugurated the workshop with a case study presenting an overview on Kuwait’s oil industry.  This was followed with presentations by Kuwait Energy Advisor to the Chairman, Mr. Mohammed Al Jazzaf, Kuwait Aviation Fuel Company KAFCO Chairman and Managing Director, Mr. Asaad Al Saad, Kuwait Gulf Oil Company KGOC Chairman and Managing Director, Mr. Hashim Al Refai, Kuwait Energy Board Director, Chairman and CEO of YAA Consultancy, Dr. Yousef Al Awadhi, and finally by EQUATE President and CEO, Mr. Mohammed Hussein. 

Kuwait Energy also organized a day visit for the delegation in Al Ahmadi facilities and fields in collaboration with the Kuwait Oil Company KOC.

Sara Akbar said, “Libya’s energy sector has been tremendously affected during the years of autocratic ruling that overlooked the development of the industry. With the downfall of the regime, Libyans have begun to rebuild this vital sector.  Kuwait Energy took the initiative, capitalizing on Kuwait’s expert team in post-war rebuilding, to extend support to Libya’s energy sector by providing its team with case studies, insights and solutions that would help ease Libya’s future transition. 

“We thank KAFCO, KGOC and EQUATE for joining hands with Kuwait Energy in holding this workshop.  We also thank KOC for hosting the Libyan delegation at their exhibition centre and providing them with a tour of some of the oil facilities”. 

The Libyan delegation included managers, engineers, planners and specialists from the Libyan National Oil Company NOC, the Arabian Gulf Oil Company AGOCO, the Sirte Oil Company SOC, the Ras Lanuf Oil & Gas Processing Co. RASCO, and the Waha Oil Company WOC.

Background Information

Kuwait Energy Company

Kuwait Energy is an oil and gas company actively engaged in the exploration, appraisal, development and production of hydrocarbons. Since establishment in 2005, it has built a high-quality, diversified portfolio of oil and gas assets in the MENA region across Iraq, Egypt and Yemen. Our MENA portfolio consists of 7 exploration, development and production assets, of which we operate six.

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