TotalEnergies Signs Production Sharing Contracts (PSCs) for Liberian Oil Blocks, Signaling Exploration Resurgence in West Africa
The Production Sharing Contracts align with the government’s commitment to monetizing offshore oil and gas resources
In a move set to accelerate offshore oil and gas development in the country, energy major TotalEnergies has signed four Production Sharing Contracts (PSC) for exploration blocks in Liberia. Awarded to the company following the conclusion of Liberia’s 2024 Direct Negotiation Licensing Round, the PSCs cover Block LB-6, Block LB-11,…