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Mar 3, 2022 | Institute News

Akakus Oil Operations

Akakus Oil Operations (AOO) is one of the largest oil companies operating in Libya and has pioneered, explored and eventually developed, two major blocks in the Murzuq Basin in the South Western area of the Libyan Desert adjacent to the famous Akakus Mountain strip and the old city of Ubari, and has its head office in Tripoli, Libya.  

AKAKUS Oil Operations runs El-Sharara oil field under joint venture ownership with Libyan’s National Oil Corporation (NOC), Spain’s Repsol, France’s Total, Austria’s OMV, and Norway’s Equinor. The three concessions that have been developed, NC-115, NC-186 and I/R blocks, collectively form the El-Sharara Field. The first was the NC-115 concession area which is approximately 680 km south of Tripoli.  The second was the NC-186 concession area, located about 60 km from NC-115. Oil is transported from all oil fields via the NC-115 Gas Oil Separation Plant “A” and a 30inch X 723 km long pipeline across the Sahara Desert to Zawia Tank Farm, located on the Mediterranean coast approximately 45 km west of Tripoli.

AOO began operation in 1996, and in December 1997, block NC-115 was commissioned, followed by in October 1998, a storage terminal and the723 km of transmission pipeline put into operation. Production at NC-186 began in 2004 and I/R in 2008.

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