Libya’s National Oil Corporation (NOC) has signed a Memorandum of Understanding (MoU) with Chevron to jointly evaluate the scale and commercial viability of the country's unconventional shale oil and gas resources.

Libya's National Oil Corporation (NOC) has entered into a strategic partnership with global energy major Chevron to explore the country's offshore potential. During a signing ceremony, NOC Chairman Engineer Masoud Suleman announced the execution of a memorandum of understanding (MoU) with Chevron.