RACO stands as a premier Libyan specialist in project execution, operations, and management within the oil and gas sector. With over two decades of experience, we excel in maintaining, operating, and supplying hundreds of production facilities across Libya and North Africa. Our expertise spans engineering, procurement, and construction (EPC), with numerous ongoing projects in collaboration with state-owned Libyan oil companies. These long-term projects depend on our skilled engineers, dynamic labor force, and refined project management—all areas where RACO has proven excellence and established local experience.
As a regional industry leader in Libyan oil services, RACO uses advanced execution strategies across all projects, guaranteeing results. In addition to our own projects we are also able to partner and support new joint ventures and international partnerships as and when these are necessary to achieve targets. Our contributions to Libya’s petroleum and energy industry are both significant and positive, driven by our technical, analytical, and logistical expertise, all tailored to the unique needs of the Libyan market. Our ability to navigate this mature yet dynamic sector in Libya remains unmatched.
Our leadership team comprises top international management, seasoned executives, Libyan engineers, and regional professionals with extensive hands-on experience in the oil and gas industry. This includes materials procurement, civil engineering, instrumentation, electrical engineering, mechanical engineering, and all aspects of petroleum engineering.
Beyond our EPC expertise, RACO partners with industry-leading technology firms, affiliates, and renowned oil service providers. We are registered with all major oil companies in Libya and maintain strong relationships with the National Oil Corporation (NOC) and all regulatory bodies.
Headquartered in Tripoli, Libya, with an additional branch in Benghazi, RACO is expanding its local presence with new branches opening in Ojelah and Tobruk. Our Africa branch, located in Burkina Faso, manages our regional Sub-Saharan EPC projects. RACO also has offices in Paris to handle European partners and international operations. Our Tripoli office coordinates our contact activities, suppliers, and logistics, serving as the hub for our technical partners, international suppliers, and equipment manufacturers.
RACO also has an established upstream division focused on oil field development and investment, operated under our affiliate, RACO International.
RACO’s corporate strategy is focused on long-term growth, ensuring we remain a leading force in the Libyan oil sector for decades to come. Our approach is built on four key pillars:
Our corporate strategy reflects our dedication to being a key player in the oil industry, driving economic development, and contributing to the stability and prosperity of Libya. We remain committed to innovation, excellence, and sustainable growth, ensuring that RACO continues to set industry standards and exceed stakeholder expectations.
(“RACO International”) is a pioneer in the Libyan oil and gas field development arena, serving as one of Libya’s first independent oil field development and production companies.
Backed by several decades of successful business operations in the Libyan oil & gas sector, RACO International was established as a specialised oil field development company. As one of the first privately owned Libyan Exploration and Production (E&P) companies, we benefit from a first-mover advantage and have assembled a robust team of local and international experts across the oil field development spectrum.
Specialising in oil field development, production, and processing, RACO International boasts a strong international team of industry experts with over three decades of oil and gas experience. Our team encompasses expertise in commercial and financial negotiations, technical execution, and field operation, with many members joining us from global energy sector leaders in the Middle East, North Africa, and Asia.
RACO International is committed to increasing the national level of oil production as a national Libyan company, supported by local leadership and robust international partnerships. Our vision is aligned with the highest international standards and in accordance with the aims and outcomes of the National Oil Corporation (NOC).
Through our local and international partnerships, we aim to bolster Libya’s already strong and resilient oil sector, contributing to increased oil production output. Leveraging our extensive experience in the Libyan oil industry, we strive to establish a sustainable and resilient production and extraction model that exceeds international standards while fostering local sustainability in operations and development.
Trust isn't given; it's earned. By consistently delivering on our promises, whether to our colleagues, partners or shareholders, we build successful relationships that are built on accountability and Mutual respect. This is essential to our long-term success.
We know we can achieve far more as a Company than we can as individuals. Our collegial culture and flat hierarchy Means we consider different points of view and approaches to deliver the best solution for the business. When the business succeeds, we succeed.
Our passion for what we do comes through in every area of our business. We are confident, committed and open minded, which enables us to pioneer new and better solutions and approaches, whether analysing data or at the negotiating table.
For us, it is fun to always want to be better, and this Means trying new Things and always looking for better ways to reach our goals. We are proud of what we do and our integrity in delivering it.
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To develop a dynamic and successful company that provides innovative and quality service delivery in engineering & procurement services to clients in the Libyan petroleum and energy industry.