Management Information System In Oil Company In Libya Research Paper

Management Information System In Oil Company In Libya - Research Paper Example   According to the United States Institute of Peace (USIP), although Libya ranks 17th as a world oil supplier, it is Africa’s largest oil reserve, producing 1.8 million barrels per day (bbl/d). Libya contains nearly 46.4 billion barrels of oil, as of January 2011. The majority of existing oil fields are located in three major basins; Sirte, Murzuk, and Pelagian (Stankosvka& Lavender, 2011).   This is more than sufficient to give it much greater international leverage than its tiny population (just over 6 million people) or modest per capita GDP ($16,000)would normally suggest. Libya's oil industry is dominated by its state-owned National Oil Company, which controls at least a majority interest in all oil exploration, production, and refining (Zweig, 2009). This study is aimed to find out information about management information system used in oil companies in Libya which have to maintain their production of oil to supply the domestic and international demand.   The durat ion of the study is two months, from the middle of March 2014 to the beginning of May 2014.According to the United States Institute of Peace (USIP), although Libya ranks 17th as a world oil supplier, it is Africa’s largest oil reserve, producing 1.8 million barrels per day (bbl/d).   Libya contains nearly 46.4 billion barrels of oil, as of January 2011. The majority of existing oil fields are located in three major basins; Sirte, Murzuk, and Pelagian (Stankosvka& Lavender, 2011).