President Boakai Receives NOCAL’s Bi-Annual Performance Report – 2025

The President of the Republic of Liberia, H.E. Joseph Nyumah Boakai, received the Bi-Annual Performance Report of the National Oil Company of Liberia (NOCAL) on August 7, 2025, during a formal presentation held at the Executive Mansion. Presenting the report, NOCAL’s Acting President–CEO, Hon. Fabian Michael Lai, made a strong case for both short and long-term agendas outlining urgent actions needing presidential intervention within the next 30 days, emphasizing four key priority areas. Hon. Lai, who was accompanied by members of NOCAL’s leadership team and Board of Directors,, also used the occasion to unveil the company’s 5-year Strategic Plan designed to revitalize Liberia’s oil and gas sector. Chairperson of NOCAL’s Board of Directors, Cllr. Gloria Maya Musu-Scott expressed gratitude to the President for his continued support and complimented the Senior Management Team for the excellent strides achieved over the past eight months since her assumption of office in January 2025. In his remarks, the Acting CEO spoke of the high interest from the Leading IOCs (international Oil Companies) in the Liberian basin, primarily because the government of President Joseph N. Boakai, Sr. is perceived as a responsible and trustworthy one; in addition to the absence of security threats along the Liberian coastline. President Boakai expressed satisfactions at the presentation and reaffirmed his commitment to ensure that NOCAL’s short and long-term priorities are actualized. He was emphatic that all institutions within the Liberian Energy sector do their best to operate within the confines of the laws, ensuring that agreements are binding and mandates are fully adhered to. The meeting concluded on a positive note, with renewed dedication to national development and sectoral transformation.

Exciting Insights from Forbes Africa Interview with NOCAL’s Acting President & CEO

In an exclusive interview, representatives from Forbes Africa, Olivera, and Betty sat with Mr. Fabian Michael Lai, Acting President and CEO of the National Oil Company of Liberia (NOCAL), to discuss the company’s role in Liberia’s economic development and the future of its oil and gas sector. In this engaging discussion, Mr. Lai elaborated on NOCAL’s pivotal role in Liberia’s economic development and the future of the country’s oil and gas sector.

NOCAL Executive Team Visits LADOL Facilities in Nigeria to Advance Plans for Shorebase in Buchanan

The Acting President and CEO of the National Oil Company of Liberia (NOCAL), alongside Director King, a member of the NOCAL's Board of Directors — who also heads the institution's Corporate Subcommittee, led a high-level delegation on a strategic tour of the Lagos Deep Offshore Logistics Base (LADOL) in Lagos, Nigeria. The delegation included NOCAL's Vice President for Finance and Investment, the Project Procurement Officer, and the Director of Exploration and Data Management.

Liberia Accelerates Energy Transformation: NOCAL Convenes 2025 Strategic Retreat to Shape Resilient Hydrocarbon Sector

The National Oil Company of Liberia (NOCAL) today launched a high-level three-day Strategic Retreat in Buchanan, marking a critical milestone in Liberia’s pursuit of energy independence and sustainable development. Under the theme "Forging a Resilient Energy Future," the retreat brings together sector leaders, policymakers, and global partners to align Liberia’s hydrocarbon strategy with President Joseph Nyuma Boakai’s ARREST Agenda.

Community Safety Initiative in Buchanan

Buchanan, July 11-12, 2024 – Vice President Rixck W. Barsi-Giah led a delegation to Buchanan, exploring investment opportunities with international partners. The visit included a community safety initiative, distributing 50 helmets and safety vests to local motorcyclists, demonstrating NOCAL's commitment to both economic development and community welfare.

NOCAL History Timeline

CEO Message

Dear Stakeholders, As the CEO of the National Oil Company of Liberia, I am pleased to address you on the significant strides we are making in the oil and gas sector, particularly in our upstream and offshore operations.

Our commitment to harnessing Liberia's natural resources responsibly and sustainably remains unwavering. The recent advancements in our upstream activities have positioned us at the forefront of the industry, ensuring that we meet and exceed global standards. My goal here at the National Oil Company of Liberia to break the great news that Liberians are eager to hear and with strength, courage and support Liberia can Tap into its Petroleum resources.

At the National Oil Company of Liberia, we are dedicated to forming a resilient and sustainable energy sector that will be a pillar of our nation's development. Collectively, we will continue to initiate progress and accomplish excellence in the oil and gas industry.

"Keep the Faith" Regards, Fabian M. Lai

Rustonlyn Suacoco Dennis - CEO of NOCAL

Latest News

President Boakai Receives NOCAL’s Bi-Annual Performance Report – 2025
August 07, 2025

President Boakai Receives NOCAL’s Bi-Annual Performance Report – 2025

The President of the Republic of Liberia, H.E. Joseph Nyumah Boakai, received the Bi-Annual Performance Report of the National Oil Company of Liberia (NOCAL) on August 7, 2025, during a formal presentation held at the Executive Mansion.

Read more
NOCAL Sponsors Over 100 Liberian Students in STEM Program
July 16, 2025

NOCAL Sponsors Over 100 Liberian Students in STEM Program

The National Oil Company of Liberia (NOCAL) has, through the Nyonblee Cares Foundation, provided sponsorship to over 100 high school students from diverse institutions in Paynesville City, Liberia. The initiative is a 3-week STEM vocational program themed “Empowering Minds, Engineering Liberia’s Future.” This initiative, led by Senate President Pro-Tempore Hon. Nyonblee Karnga-Lawrence, provides hands-on learning, mentorship, and real-world applications in Science, Technology, Engineering, and Mathematics to inspire creativity and problem-solving. Representing NOCAL’s President–CEO Hon. Fabian Michael Lai, Vice President for Technical Services Hon. Rixck W. Barsi-Giah underscored the program’s alignment with President Joseph N. Boakai’s ARREST Agenda, reaffirming education and technology as drivers of national progress. “STEM education is a strategic investment in Liberia’s future,” he stated, encouraging students to embrace collaboration and lifelong learning as future engineers and scientists.

Read more
Exciting Insights from Forbes Africa Interview with NOCAL’s Acting President & CEO
June 09, 2025

Exciting Insights from Forbes Africa Interview with NOCAL’s Acting President & CEO

In an exclusive interview, representatives from Forbes Africa, Olivera, and Betty sat with Mr. Fabian Michael Lai, Acting President and CEO of the National Oil Company of Liberia (NOCAL), to discuss the company’s role in Liberia’s economic development and the future of its oil and gas sector. In this engaging discussion, Mr. Lai elaborated on NOCAL’s pivotal role in Liberia’s economic development and the future of the country’s oil and gas sector.

Read more
NOCAL Executive Team Visits LADOL Facilities in Nigeria to Advance Plans for Shorebase in Buchanan
June 09, 2025

NOCAL Executive Team Visits LADOL Facilities in Nigeria to Advance Plans for Shorebase in Buchanan

The Acting President and CEO of the National Oil Company of Liberia (NOCAL), alongside Director King, a member of the NOCAL's Board of Directors — who also heads the institution's Corporate Subcommittee, led a high-level delegation on a strategic tour of the Lagos Deep Offshore Logistics Base (LADOL) in Lagos, Nigeria. The delegation included NOCAL's Vice President for Finance and Investment, the Project Procurement Officer, and the Director of Exploration and Data Management.

Read more
Liberia Accelerates Energy Transformation: NOCAL Convenes 2025 Strategic Retreat to Shape Resilient Hydrocarbon Sector
June 12, 2025

Liberia Accelerates Energy Transformation: NOCAL Convenes 2025 Strategic Retreat to Shape Resilient Hydrocarbon Sector

The National Oil Company of Liberia (NOCAL) today launched a high-level three-day Strategic Retreat in Buchanan, marking a critical milestone in Liberia’s pursuit of energy independence and sustainable development. Under the theme "Forging a Resilient Energy Future," the retreat brings together sector leaders, policymakers, and global partners to align Liberia’s hydrocarbon strategy with President Joseph Nyuma Boakai’s ARREST Agenda.

Read more
 NOCAL Champions Women's Empowerment in International Women’s Day Celebration
March 07, 2025

NOCAL Champions Women's Empowerment in International Women’s Day Celebration

The National Oil Company of Liberia (NOCAL) significantly impacted the recently concluded Sub-Saharan Africa International Petroleum Display and Conference (SAIPEC) 2025, held from February 11-13 in Lagos, Nigeria. NOCAL was represented by its esteemed Vice Presidents, Hon. M. Boakai Jaleiba, Vice President for Administration, and Hon. Rixck W. Barsi-Giah, Vice President for Technical Services. With over 6,000 participants from over 50 countries, SAIPEC 2025 established itself as a landmark event, underlining Africa's indispensable role in the global energy, oil, and gas sectors—while championing innovation, collaboration, and sustainability.

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