Zelten Oil Field - Sirte Oil Company

Sirte Oil Company

The Sirte Oil Company (SOC), a subsidiary of the National Oil Corporation, was originally created in 1981 to take over Exxon's holdings in Libya. In 1986, SOC took over the assets of Grace Petroleum, one of the five US companies forced by the US government to leave Libya in 1996. SOC operates the Raguba field in the central part of the Sirte Basin. The field is connected by pipeline to the main line between the Zelten field and Brega. Besides Zelten, SOC is in charge of two other gas fields (Attahadi and Assumud) plus the Brega liquefied natural gas (LNG) plant.

Read more about this topic:  Zelten Oil Field

Famous quotes containing the words oil and/or company:

    As artists they’re rot, but as providers they’re oil wells; they gush. Norris said she never wrote a story unless it was fun to do. I understand Ferber whistles at her typewriter. And there was that poor sucker Flaubert rolling around on his floor for three days looking for the right word.
    Dorothy Parker (1893–1967)

    Mrs. Mirvan says we are not to walk in [St. James’s] Park again next Sunday ... because there is better company in Kensington Gardens; but really, if you had seen how every body was dressed, you would not think that possible.
    Frances Burney (1752–1840)