Though considered a frontier country for petroleum exploration, the quest for oil in Liberia has occurred over a seventy (70) year period. To date, 17 wells have been drilled mainly from the mid- 1970s to late 1980s and again from 2011 to 2016. Exploration in the Liberia happened in two distinct eras. The first was the legacy era that consisted of two stages; the speculative stage and the Shelf-focused exploration stage. The second era considered the “Modern Era” focused largely on deep-water exploration, reform, and consolidation of the industry in Liberia. All of the exploration activities have occurred exclusively in the Liberia Basin offshore sector. Between the periods in which exploratory activities occurred, there was also a period of non-exploration activity known as the Great Hiatus. However, the Harper Basin and the Onshore Roberts/Bassa Basin have never been explored.
To transform NOCAL into a world- class, technological Oil and Gas Company employing the requisite technical expertise, skills, and industry best practices to ensure, in partnership with foreign investment, that Liberia’s hydrocarbon potential is adequately explored, managed, and utilized for the benefit of all Liberians.
To be an inclusive company in the Oil and Gas sector that impart the lives of the people of Rebublic of Liberia positively.
To engage in petroleum exploration, development, and production activities on behalf of the State
Holding and managing, on behalf of the State, all participating interest acquired by the State in petroleum agreements
Managing citizen participating interest acquired by the State in petroleum agreements
Administering reconnaissance license issued under the law
Managing data obtained through such licenses and making such data useful for marketing purposes
Encouraging the development of national capabilities in all aspects of petroleum exploration, development and production, including the effective transfer of technology to Liberia
Safety, Health and Environment remains a key aspect of our core value. To achieve our goals, the safeguard of our people, asset and environment is #1.
Tapping on each other’s strength to surmount our challenges is key to achieving our corporate goals
Ingenuity and resourcefulness is encouraged at all levels in keeping competitive edge within industry.
We encourage our employees and partners to maintain high level of professionalism, effectiveness, and ethical standards in the execution of their respective duties geared toward the achievement of targeted corporate goals and objectives.