Capterio and Libya’s National Oil Corporation sign Letter of Intent to reduce gas flaring
London, UK – May 2026 – Libya’s National Oil Corporation (NOC) and British technology company Capterio have signed a Letter of Intent outlining a strategic partnership to support the monitoring and reduction of gas flaring across Libya’s oil and gas sector. Capterio is grateful to the Libyan British Business Council and the British Embassy in Libya for their support for this agreement.
The collaboration will combine NOC’s national decarbonisation ambitions with Capterio’s satellite-based flare monitoring platform, FlareIntel, which provides near real-time data and analytics for every flare across Libya’s oil and gas assets.
The partnership aims to establish a nationwide flaring baseline, improve operational visibility, identify gas capture opportunities, and support the prioritisation of flare reduction and methane mitigation projects across NOC-operated assets and joint ventures.
As a signatory to the Global Methane Pledge, the Oil and Gas Decarbonisation Charter, and the Oil and Gas Methane Partnership, the World Bank’s Zero Routine Flaring initiative, NOC and/or the Ministry of Oil and Gas of Libya has committed to eliminating routine flaring by 2030 and reducing methane emissions across its operations. Capturing currently flared gas has the potential to significantly increase domestic gas availability, support exports through the Greenstream pipeline, enhance energy security, and generate substantial additional national revenues.
Under the proposed collaboration, Capterio will provide continuous monitoring, analytics, and opportunity identification through its FlareIntel platform, while NOC will facilitate engagement with operators and joint venture partners to accelerate implementation and delivery.
Dr Mark Davis, CEO of Capterio, said: “We are proud to support NOC’s ambitious efforts to reduce flaring and methane emissions. By combining nationwide satellite monitoring with rich operational insight, we aim to help identify and accelerate practical gas capture opportunities that deliver both environmental and economic benefits”. To find out more about the opportunities, see our paper “Libyan opportunities to bolster domestic energy, improve exports and reduce emissions by monetising flaring“.
Immediately preceeding this signing, Capterio’s CEO Dr Mark Davis spoke on a panel at the Africa Energies Summit convened by the Libyan British Business Council talking about the opportunitities to capture wasted gas from flares, vents and leaks. We are grateful to our chair – Stuart Broadley – plus panellists Dominic Watson from EDF, and Najib Tantoush, Abdulsalam Ali from Libya’s NOC.
