BluEnergies Ltd. and TotalEnergies are advancing an exploration work program in the Harper basin offshore Liberia, with seismic reprocessing and seabed surveys progressing on schedule as the companies work to mature drilling prospects across Blocks LB-26, LB-30 and LB-31. The program includes reprocessing approximately 6,167 km² of 3D seismic data, which BluEnergies said is now more than 50% […]
TotalEnergies has entered a joint study and application agreement with BluEnergies to advance exploration of the Harper basin deepwater fan play offshore Liberia.
TotalEnergies SE has signed production sharing contracts (PSCs) for four adjoining exploration blocks spanning about 12,700 square kilometers (4,903.49 square miles) in Liberian waters.
In terms of revenue generation, the state has earned a total of $10.69 billion from the crude oil produced over the years, with the exception of 2011, when no semi-annual report was produced by PIAC.
Liberia has launched a direct negotiation licensing round for 29 offshore blocks, government authorities and partner TGS announced on Thursday.
The new licensing round is intended to attract investors into the Liberia hydrocarbon industry and boost investment in the sector.