Arabian Gulf Oil Company - Benghazi

Arabian Gulf Oil Company (AGOCO) is an oil company based in Benghazi, Libya, engaged in crude oil and natural gas exploration, production and refining. It’s a subsidiary of state-owned National Oil Corporation (NOC).

AGOCO'S roots goes back to 1971 when the Arabian Gulf Exploration Company (AGECO) was established, following the implementation of Law No. 115, nationalizing shares held by British Petroleum (BP).

AGOCO was reformed by 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.