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TotalEnergies has signed 4 Manufacturing Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which had been awarded following the 2024 Direct Negotiation Licensing Spherical organized by the Liberia Petroleum Regulatory Company.
The blocks LB-6, LB-11, LB-17 and LB-29, masking an space of roughly 12,700 sq. kilometers, are positioned within the south of the Liberia Basin. The work program consists of buying one agency 3D seismic survey.
“TotalEnergies is enthusiastic to be a part of the resumption of exploration actions in offshore Liberia,” stated Kevin McLachlan, Senior Vice-President Exploration at TotalEnergies. “Coming into these blocks aligns with our technique of diversifying our Exploration portfolio in high-potential new oil-prone basins. These areas maintain vital potential for prospects which have the potential for large-scale discoveries that result in cost-effective, low-emission developments, leveraging the Firm’s confirmed experience in deepwater operations.”
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