TGS, a global provider of energy data and intelligence, has today announced the signing of a Letter of Intent (LOI) with North Africa Geophysical Company, (NAGECO),a subsidiary of the Libya National Oil Corporation (NOC), marking an important step toward expanding multi-client data activities in Libya. The LOI was signed during a formal ceremony attended by Mr Masoud Suleman, the Chairman of the National Oil Corporation, and MR Maged Elarbed, head of NAGECO. 'This Letter of Intent represents an important milestone in our engagement with Libya and the National Oil Corporation,' said David Hajovsky, Executive Vice President, Multi-Client at TGS. Our focus is on delivering trusted data quality, technology and expertise that supports informed decision-making and long-term value creation for Libya’s energy sector.' TGS has a long-standing track record of delivering multi-client data solutions globally, including seismic reprocessing and integrated subsurface intelligence.

Source: Libya Today February 02, 2026 08:24 UTC