Liberia offers 29 offshore blocks in 2026 oil and gas licensing round
Liberia on Wednesday launched its 2026 oil and gas auction round, offering direct negotiations on 29 offshore blocks to try to attract international oil companies and boost exploration, its regulatory authority said.
The West African country, which currently does not produce any oil, showcased its Liberia and Harper Basins at an energy conference in Cape Town
During the last auction round in 2024, eight production sharing contracts were signed, with French oil major TotalEnergies (TTEF.PA), opens new tab awarded four blocks and Nigeria’s Oranto Petroleum another four blocks
In promotional material, the Liberia Petroleum Regulatory Authority said its Harper Basin was attracting attention due to similar geological properties found in the petroleum system of neighbouring Ivory Coast where Eni (ENI.MI), opens new tab discovered its large Baleine and Calao fields.- Reuters
