Executive Summary
Bridging physical energy assets with the Stellar blockchain, NOC is designed to turn verified reserves into a transparent, tradable digital asset.
Offshore oil and energy platform at dusk
Phase 1 Launch Stellar-Native Oil Asset
10B
Fixed Supply

Built For
Value.

The NOC Token is a commodity-backed digital asset built on the Stellar (XLM) blockchain. It is designed to tokenize the proven hydrocarbon reserves and energy revenues of the United Arab Emirates' National Oil Companies and anchor digital ownership to a real-world reserve base.

Each NOC token is partially collateralised against verified oil and gas reserves certified by independent third-party auditors. This structure is intended to provide a real-asset anchor while Stellar's low-cost, high-throughput rails make instant settlement and fractional ownership practical.

NOC is also the gateway token for a phased multi-token ecosystem that will progressively integrate ADNOC, ENOC, SNOC, and Dubai Petroleum Establishment into the same decentralised financial infrastructure.

Key idea: the token is built to connect reserve-backed energy value with everyday wallet access, without losing the underlying audit trail.
10B
Total Supply
Fixed at ten billion NOC tokens with inflation disabled.
5%
Reserve Backing
Initially collateralised against audited UAE oil reserves.
3–5s
Finality
Stellar settlement is designed for near-instant confirmations.
Q1 2026
Phase 1 Launch
Target launch for the first NOC token release via the Stellar ecosystem.
Why Stellar

Technical
Architecture.

Native Asset Issuance

Stellar allows custom assets to be issued natively without the smart-contract overhead required by many other chains, reducing the attack surface for the base token model.

Speed + Cost

The network is structured around 3–5 second finality and extremely low transaction costs, which is important for energy payment flows and high-volume settlement activity.

Compliance Ready

Clawback, authorisation flags, trustlines, and account controls are positioned as core compliance tools for a regulated energy-finance token model.

Anchors + On/Off Ramps

The Stellar anchor framework can connect USD, AED, and EUR rails to NOC, enabling fiat gateways for investors, treasury use, and revenue distributions.

Built-In DEX

Stellar's decentralised exchange can support NOC trading against XLM, USDC, and other Stellar assets without requiring third-party bridges.

Oracle Verification

The Oil Reserve Oracle (ORO) is intended to feed certified reserve data from auditors directly into the ledger to support reserve-ratio calculations and token controls.

UAE Ecosystem

The NOC
Family.

ADNOC

Phase 2 would bring ADNOC upstream production revenues into the ecosystem, with a higher collateral target and strong institutional focus.

ENOC

Phase 3 links ENOC's refining margins and retail fuel network revenues to a consumer-facing utility token model.

SNOC

Phase 4 connects Sharjah's gas exploration royalties and storage operations to a smaller-float token with denser reserve backing.

Dubai Petroleum Establishment

Phase 5 would represent offshore production-backed value from fields like Fateh, Southwest Fateh, and Falah.

Unified Infrastructure

The long-term vision is a single digital asset framework that connects the UAE's major NOCs through a shared token architecture.

Reserve Scale

The whitepaper positions the UAE as a major hydrocarbon reserve holder, which is the underlying basis for the ecosystem's reserve-backed approach.

Tokenomics

Collateral
Structure.

Important: NOC is not framed as a stablecoin. Its price is intended to float with oil market sentiment and adoption, while reserve backing provides a structural floor.

Reserve Collateral Fund

25% of supply is described as locked in the Petroleum Reserve Trust and released only on reserve audits.

Public Sale

20% of tokens are allocated for public sale through LOBSTR and partner exchange channels.

Partner Allocation

20% is reserved for ADNOC, ENOC, SNOC, and DPE with vesting and cliff mechanics outlined in the whitepaper.

Ecosystem Rewards

15% supports liquidity mining, staking rewards, and DEX incentives inside the NOC ecosystem.

Treasury + Team

The foundation treasury, team, advisors, and compliance reserve cover governance, strategic spending, and regulatory operations.

LOBSTR Distribution

LOBSTR is identified as the primary retail wallet and exchange interface for Phase 1 token distribution and user onboarding.

Roadmap

Launch
Phases.

Phase 1 • Q1 2026

NOC Launch

Initial NOC token release, public sale, and Stellar-based settlement infrastructure.

Phase 2 • Q2 2026

ADNOC Token

Expansion into ADNOC upstream production revenues with a higher collateral ratio.

Phase 3 • Q3 2026

ENOC Token

Retail-facing tokenisation tied to ENOC refining and station network revenue.

Phase 4-5 • Q4 2026

SNOC + DPE

Sharjah and Dubai offshore production assets broaden the ecosystem into a multi-token national framework.

Governance

Compliance &
Controls.

Consortium Board

The UAE NOC Digital Asset Consortium is described as the governing body for operations, legal structure, and token oversight.

On-Chain Voting

Token holders above a threshold can participate in governance voting through dedicated Stellar governance accounts and proposal memos.

KYC + Authorization

Authorisation controls and KYC verification are presented as toggles that can vary by jurisdiction and compliance requirements.

Audits + Risk

The whitepaper emphasises reserve audits, legal compliance, and the fact that cryptocurrency investments involve significant risk.

Retail Access

NOC is intended to be accessible to a broad global audience, with LOBSTR highlighted as the primary user-facing access point.

Transparency

On-chain recordkeeping is positioned as a way to make reserve verification, revenue flows, and governance more transparent than traditional reporting.

Industrial Fuel Supply Commercial Diesel Bulk Distribution Fleet Fuelling Lubricants & Oils Emergency Delivery