ZUEITINA Oil Company

The mandate of Zueitina Oil Company is to efficiently produce Crude Oil, Natural Gas and Condensates at a minimum cost, with an optimum recovery, and with a great emphasis being placed on environmental and reservoir protection.

The Company is currently handling up to 20% of the country’s Oil and Condensate exports, via Zueitina Terminal. Zueitina Oil Company also enjoys the competitive advantages of having a fully developed infrastructure, from Drilling to Terminal Facilities.

HAROUGE Oil Operations

Harouge Oil Operations (previously “Veba Oil Operations”) is the joint venture operator on behalf of Libya’s National Oil Corporation and Petro-Canada. The Company is engaged in developing and exploiting oil fields located in five contract areas onshore Libya.

Harouge’s corporate objectives are to engage safely, responsibly, efficiently and profitably in oil field development and exploitation and to implement the latest technologies available in the development and exploitation of Libya’s natural resources, to the benefit of the country and Harouge’s owners.

Arabian Gulf Oil Company AGOCO

Agoco’s roots go back to 1971 when the Arabian Gulf Exploration Company (AGECO) was established, following the implementation of Law No. 115, issued by the Libyan Revolutionary Command Council nationalizing shares held by British Petroleum (BP). Agoco was formed by the NOC in late 1979 to take over the assets of a partnership of BP and Nelson Bunker Hunt of the United States, and a partnership of Chevron and Texaco called Amoseas. Agoco has upstream operations in eight oil fields, including Sarir, Messla, Naffora, Beda and Hammada. The company also operates an oil terminal and a refinery in Tobruk and Sarir.

Ras Lanuf Oil & Gas Processing Company RASCO

Ras Lanuf is a topping and reforming oil refinery. It became operational in 1984 and produces an estimated 220,000 bbl/d (35,000 m³/d). It is a simple hydro skimming refinery, but its products meet market specifications due to high quality crude oil. Rasco produces fuel oil, gas oil, LPG, naphtha and kerosene. The refinery also produces petrochemicals, utilizing naphtha as a feed stock to an ethylene plant with a capacity of 1.2 million tpy (tons per year). Its main products are ethylene (330,000 tpy), propylene (170,000 tpy), Mix C4 (130,000 tpy) and P Gasoline (335,000 tpy).

WAHA Oil Company

Waha Oil Company is considered to be the second biggest oil producer in Libya. Waha Oil Company (WOC) is owned by National Oil Corporation (NOC) in a joint venture with three American companies namely ConocoPhillips, Marathon and Amerada Hess. These companies are now back working as partners since Jan 2006 after having left in 1986 when it was known as Oasis Oil Company.

AKAKUS Oil Operations

Akakus Oil Operations (formerly Repsol Oil Operations) is a Libyan oil company with its head office in Tripoli, Libya. AOO (Akakus Oil Operations) is operating two (2) concessions in the Sahara Desert. The first is the NC-115 concession area and is approximately 680 km south of Tripoli in the Great Socialist People’s Libyan Arab Jamahiriya of Libya (GSPLAJ). The second is NC-186 concession area close to NC-115 concession area, around 30 km. Oil is piped from oil fields in the NC-115 and NC-186 areas via NC-115 GOSP “A” and then to Zawia Terminal which is located on the Mediterranean coast, approximately 45 km. west of Tripoli.

Libyan Emirates Refinery Company LERCO

LERCO is the Libyan Emirates oil Refining Company owning the biggest refinery in Libya of 25000 barrel/day of oil which was operated by RASCO.

Lerco is share company with a percentage of 50/50 between Libyan national Oil Corporation and trasta company as a part of Alghrair group.

SIRTE Oil Company

Sirte Oil Company (SOC) for Production, Manufacturing of Oil and Gas is one of the Libyan national companies operating under the National Oil Corporation (NOC) of Libya. The company is located in Marsa El Brega which is 800 km east of Tripoli.SOC’s diverse operations include the exploration for, production, manufacturing of oil and gas.


Wintershall AG is the largest crude oil and natural gas producer in Germany. The company is based in Kassel, Germany. Wintershall is a wholly owned subsidiary of BASF, based in Ludwigshafen. The name Wintershall is derived from the surname of the enterprise co-founder Carl Julius Winters and the Celtic word for salt (hall) together.
The company made a profit of 2.4 billion euro in 2005 [1]. In 2005, the company had 1,700 employees worldwide [2]. The Chairman of the board of Executive Directors is Reinier Zwitserloot [3].

MAN Ferrostaal

MAN Ferristaal supplys a wide range equipment for the processing of oil and gas, they are also active in the transportation of oil and gas and build pipelines, pumping and compressor stations. In the downstream industry, focus is on plants for the production of basic chemicals, especially olefins.