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Liberia: TotalEnergies awarded four offshore exploration permits
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Energy-pedia regional news: Middle East / Africa
TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.
The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12,700 sq kms, are located in the south of the Liberia Basin.
'TotalEnergies is enthusiastic to be part of the resumption of exploration activities in offshore Liberia, said Kevin McLachlan, Senior Vice-President Exploration at TotalEnergies.
Entering these blocks aligns with our strategy of diversifying our Exploration portfolio in high-potential new oil-prone basins.
Original announcement linkSource: TotalEnergies
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