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:
“I became increasingly anarchistic. I began to find people of my own class vicious, people in clean collars uninteresting. I even accepted smells, personal as well as official. Everyone who came to the studio smelled either of machine oil or herring.”
—Margaret Anderson (18861973)
“We have nothing to fear and a great deal to learn from trees, that vigorous and pacific tribe which without stint produces strengthening essences for us, soothing balms, and in whose gracious company we spend so many cool, silent and intimate hours.”
—Marcel Proust (18711922)