National Oil Company of Liberia
Licensing is a critical component of Liberia's oil and gas industry, ensuring responsible exploration, production, and management of the nation's petroleum resources. The National Oil Company of Liberia (NOCAL) plays a central role in facilitating transparent and efficient licensing processes that attract credible investors while safeguarding national interests and promoting sustainable energy development.
Granted to companies seeking to explore geological potential in designated offshore areas for petroleum potential.
Issued to entities that have discovered commercially viable petroleum deposits and are ready to begin extraction activities.
Provided for the planning, construction, and management of infrastructure required for petroleum extraction and distribution.
Contact us to express interest & receive preliminary information about available blocks or opportunities.
Submit company credentials, financial statements, & technical documentation for evaluation.
Complete the official license application form, providing all required supporting documents.
NOCAL reviews the application, conducts due diligence, and engages in discussions to finalize terms and obligations.
Once approved, NOCAL issues the license in accordance with the Petroleum Law of Liberia and other regulatory requirements.
Partner with NOCAL to explore Liberia's petroleum opportunities responsibly and sustainably. Our dedicated team is ready to guide you through every step of the licensing process. Contact us today to learn more or start your license application.
NOCAL manages Liberia’s petroleum resources on behalf of the State. Its mandate includes commercial operations (exploration, production, marketing, and asset management) and national strategic responsibilities such as capacity building, state participation, and petroleum data stewardship.
NOCAL participates through:
A PSC is an agreement between a government and an oil company to explore and produce petroleum. The State retains ownership of the oil, while the company finances exploration and production.
NOCAL promotes Liberia’s petroleum prospects by participating in major oil and gas conferences, publishing basin data, hosting investor meetings, and engaging prospective exploration companies.
NOCAL embeds environmental compliance in PSCs, enforces national and international standards, and works with regulatory agencies to ensure responsible and sustainable petroleum operations.
NOCAL is mandated to lead the development of local expertise in the petroleum sector through:
Liberia’s exploration efforts focus on deep-water offshore areas, especially the Liberia Basin and the Harper Basin, which contain ultra-deep blocks currently under negotiation for new PSCs.