TotalEnergies is awarded four offshore exploration permits
Published by Emilie Grant,
Assistant Editor
Oilfield Technology,
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 organised by the Liberia Petroleum Regulatory Agency.
The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12 700 km2, are located in the south of the Liberia Basin. The work program includes acquiring one firm 3D seismic survey.
,p>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. These areas hold significant potential for prospects that have the potential for large-scale discoveries that lead to cost-effective, low-emission developments, leveraging the Company’s proven expertise in deepwater operations.
Read the article online at: https://www.oilfieldtechnology.com/offshore-and-subsea/19092025/totalenergies-is-awarded-four-offshore-exploration-permits/
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