National Oil Company of Liberia
President of The Republic of Liberia
To our partners and the global energy community
The National Oil Company of Liberia (NOCAL) stands as a cornerstone of our national strategy for economic transformation and energy security. Established under the NOCAL Act of 2014, as amended, NOCAL is mandated by law to act as the commercial arm of the State in the petroleum sector, tasked with ensuring Liberia derives the greatest possible benefit from its hydrocarbon resources.
My Administration is unequivocally committed to empowering NOCAL to fulfill its statutory mandate with excellence and integrity. As defined by law, NOCAL’s core purposes are to apply for and exercise petroleum rights on behalf of the State, to promote the exploration and planned development of our resources, and to build the national capacity that will anchor this industry for generations to come.
To this end, I have directed that NOCAL vigorously pursue its essential functions, including managing the State’s participating interests in petroleum agreements and marketing the State’s share of production. Furthermore, NOCAL is tasked with activating the Executive Allocation Framework as provided under the Petroleum Law, enabling it to secure acreage and strategically partner with capable international companies to accelerate exploration. It will also focus on developing and marketing our world-class geoscientific data to de-risk investment and attract qualified partners to our prospective basins, including the promising Harper Basin, while building a best-in-class commercial institution with the expertise required to be a competent partner in complex petroleum operations.
Transparency and robust governance are not just principles; they are legal requirements embedded in NOCAL’s founding act. My administration enforces a zero-tolerance policy for corruption. NOCAL operates under strict mandates for public disclosure of finances and contracts, international-standard audits, and compliance with the Liberia Extractive Industries Transparency Initiative (LEITI). We are building an investment landscape defined by predictability, the rule of law, and mutual respect.
Liberia’s hydrocarbon potential is significant and remains largely untested. I invite reputable international oil and gas companies and financial institutions to engage directly with NOCAL. Explore the opportunities presented through our data, the Executive Allocation Framework, and the potential for strategic partnerships.
Together, we can responsibly unlock Liberia’s energy resources to fuel sustainable economic growth, develop our national capacity, and secure a brighter future for all Liberians.
H.E. Joseph Nyuma Boakai, Sr.
President of the Republic of Liberia
President and Chief Executive Officer
As President and Chief Executive Officer, 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, and enhancing our downstream opportunities. 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 producer. 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 Chief Executive Officer