National Oil Corporation-Magongo

The National Oil Corporation of Kenya (NOC) is a fully integrated state-owned corporation established in April 1981 under Kenyan law. It operates across the entire petroleum supply chain, including upstream oil and gas exploration, midstream infrastructure development, and downstream marketing of petroleum products. The corporation's activities began with petroleum exploration in the 1950s in the Lamu Basin, with the first commercially viable oil discovery occurring in 2012 in the Tertiary rift. NOC is implementing the Mwananchi Gas Project, a national LPG enhancement initiative in collaboration with the Kenyan government's Ministry of Energy and Petroleum. The corporation's leadership emphasizes the importance of domestic oil production to mitigate external economic shocks such as currency volatility and geopolitical conflicts. Its board includes experienced industry professionals appointed at the national level.