Owners’ Committee Meeting

On Thursday, June 6, 2024, the first meeting of the Owners’ Committee for 2024 was held at Akakus Oil Operations, attended by the Operating Committee’s management and directors of technical departments, along with the Director of Engineering and Maintenance at the National Oil Corporation and the foreign partner represented by Repsol and its affiliates Total, OMV, and Equinor. The departments presented their technical plans to increase production, and various technical and financial aspects of the company were discussed. Solutions for the challenges faced by the company and the corrective actions taken since the last meeting with the Owners’ Committee were reviewed.

At the conclusion of the meeting, the Chairman and members of the Owners’ Committee expressed their gratitude and appreciation to the Operating Committee’s management and all employees for their efforts in overcoming technical issues during operations to achieve the targeted production rates.

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