Overview

• The contracts cover blocks LB-6, LB-11, LB-17 and LB-29 in the southern Liberia Basin, spanning about 12,700 square kilometers awarded in the 2024 licensing round.
• TotalEnergies' initial work program includes a firm 3D seismic survey to map subsurface prospects before any drilling decisions.
• LPRA Director-General Marilyn T. Logan hailed the signings as a pivotal step that ends a decade-long pause in Liberia's petroleum activity.
• President Joseph Nyuma Boakai endorsed the deals and said exploration will follow international standards for safety, environmental protection, local content and transparent revenue management.
• The Liberia entry extends TotalEnergies' recent African exploration push following a new permit offshore Congo and PSCs in Nigeria.