CEO Message
Dear Stakeholders, As CEO, I am delighted to welcome you to the official website of the National Oil Company of Liberia (NOCAL). We are dedicated to the sustainable exploration, development, and production of Liberia’s petroleum resources. Our mission is to responsibly harness these resources to fuel national growth, ensure energy security, and create lasting value for our people.
With 33 offshore blocks and geological features similar to world-class discoveries in Guyana, Brazil, and Namibia, Liberia is poised to emerge as West Africa’s next energy frontier. Already, exploratory wells drilled by leading international companies have confirmed a working petroleum system—signaling the enormous potential beneath our waters.
Our vision is to build a resilient and sustainable energy sector that transforms Liberia’s economy and uplifts its people. Guided by excellence, transparency, and environmental stewardship, NOCAL is committed to creating opportunities that drive prosperity for generations.
We invite you to explore our website to learn more about our projects, our commitment to communities, and our vision for the future of energy in Liberia.
Together, we are powering Liberia’s tomorrow!
Warm regards,
Fabian Michael Lai, President and CEO – NOCAL
Latest News
Liberia Signs Production Sharing Contract with Atlas/Oranto Petroleum
The Government of the Republic of Liberia has officially signed four Production Sharing Contracts (PSCs) with Atlas/Oranto Petroleum, marking a significant advancement in the nation’s oil and gas sector. This new agreement, similar to the earlier deal with TotalEnergies, includes a signature bonus of US$12 million, granting the international oil company exploratory rights over four offshore blocks: LB-15, LB-16, LB-22, and LB-24, each with an estimated investment value of US$200 million.
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Liberia Signs PSC Agreements with TotalEnergies
The Government of the Republic of Liberia has signed a Production Sharing Contract (PSC) with TotalEnergies, marking a significant advancement in the nation’s oil and gas sector. The agreement was finalized yesterday, September 15, 2025, at TotalEnergies’ Global Headquarters in Paris, France, and includes a signature bonus of US$16 million.
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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.
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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.
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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.
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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.
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