First shipment of seamless casing to AOO

The first shipment of 1380 tons seamless casing has been made to Libyian Oil Company “Akakus Oil Operation” on February 13th , 2008. Akakus Oil Operations(AOO), the third largest Oil company in Libya, is a joint venture between NOC，REPSOL，OMV，HYDRO and TOTAL, established in 1995. AOO possesses 16 operating blocks（approximately 65169 square kilometres）. Up to Now， Drilling work of two blocks has been finished with the output expected to be 274000barrels per day after forma production, the other14 ones are still under exploration.