About us

Introduction

About

Akakus Oil Operations is one of the leading and modern companies in the field of crude oil production and processing through its two fields in the Murzuq Basin, located in southwest Libya, adjacent to the famous Akakus mountain range near the ancient city of Ubari. Established in 1995 under the name “Repsol,” it later became known as “Akakus Oil Operations.” The company has secured a prominent position in the oil production sector.

The company holds two concessions: Block (MN 115) and Block (MN 186), known today as the Sharara Field, where all crude oil production operations take place. The oil is then transported through 30-inch pipelines over a distance of 723 km across the desert. Midway along this route is the crude oil pumping station (MN 8), known as the Hamada Station, which helps maintain the flow of oil until it reaches the Zawiya Tank Farm located on Libya’s northern coast.

Akakus Oil Operations was established in accordance with ISO standards from its inception, focusing on environmental preservation and minimizing harm. This makes Akakus not only a leader in the oil sector but also a company committed to sustainability, clean energy development, and renewable energy technologies as part of its future vision

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Employees

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Shareholders

200,000

Daily Oil Production

Technical Departments

The technical departments form the backbone of Akakus Oil Operations, ensuring the precise and efficient execution of operational and engineering processes. Through continuous efforts to improve technical operations, these departments play a vital role in maintaining the company’s performance.

It is considered one of the important technical departments, and its specialty is monitoring the transportation of crude oil from the well to the surface via submersible pumps and then to the separation stations through pipelines of various lengths and sizes. It operates production equipment and processes materials associated with crude oil, such as water and gas, as well as monitoring the condition of equipment and operating systems in the fields and the port. Through the operations department, plans are developed for the maintenance and renewal of production-related equipment, such as oil pumps from the fields to the port of Zawiya, main air compressors, turbines, meters, separators, and main and branch lines, among many others.

The operations department also supervises the export of crude oil from the Zawiya oil port according to an annual plan prepared in coordination with the marketing department of the National Oil Corporation.

The operations department oversees the following locations:

Sharara Field – Hamada Station – Zawiya Port

 

The Planning and Development Department is responsible for the company’s future vision. It contributes to preparing the necessary studies and developing plans to maintain oil reservoirs, ensuring stable production rates. The department also works on creating comprehensive strategies to increase productivity in collaboration with the relevant technical departments.

It is considered one of the essential technical departments in the company, and it is responsible for increasing and maintaining production by implementing development drilling plans and conducting maintenance operations for the drilled wells, including replacing submersible pumps, well stimulation, and other activities that contribute to maintaining production rates.

The drilling department also prepares well designs in terms of the type of drilling fluid used, selecting the appropriate drill bits for drilling the formations, as well as choosing the size and type of casing pipes and wellheads based on the expected pressures of the wells. Additionally, we always strive to apply safety standards when executing various operations on the drilling rigs, as well as conducting regular inspections of the rig equipment to ensure compliance with operational conditions.

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The Engineering and Projects Department is one of the strategic technical departments, playing a vital role in executing projects that contribute to the development of surface equipment necessary for facilitating operations at the stations. This includes refining crude oil, separating impurities and water associated with oil and natural gas, and ensuring their efficient collection to enhance the refining process.

The Security and Safety Department is one of the most important departments, as it is entirely responsible for ensuring the safety of operators and protecting the company’s assets from any damage.

Additionally, it plays a crucial role in ensuring the implementation of environmental protection standards and investigating any incidents or injuries to identify the root causes when they occur and prevent their recurrence.

Asset management and protection in oil companies are not merely routine operations, but fundamental strategies that contribute to improving the company’s overall performance, increasing profits, and reducing risks associated with breakdowns and disasters. By adopting modern technology and adhering to effective planning, oil companies can achieve operational sustainability and deliver long-term positive outcomes.

Shareholders

Akakus Oil Operations Company manages the shared agreement for the Sharara oil field between the National Oil Corporation of Libya, Repsol of Spain, Total of France, OMV of Austria, and Equinor of Norway.