DR. SHOKRI GHANEM, Chairman of the National Oil Corporation recently inaugurated the NC100 field of the Arabian Gulf Oil company (AGOCO) (one of the national companies fully owned by NOC) to put the producing wells on the production line. In his speech during the opening ceremony. Dr. Ghanem thanked AGOCO for their efforts of putting the producing wells in this field on the production line, stressing that the national companies are able to develop producing fields, a task which does not have to be assigned to foreign companies.
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