Monrovia, Liberia – August-15-2024: The Liberia Petroleum Regulatory Authority (LPRA) is pleased to announce the appointment of Curtis Mallet-Prevost Colt & Mosle LLP, a globally recognized international law firm, as its legal advisor for the upcoming Liberia 2024 Licensing Round. This strategic partnership is set to commence shortly and underscores Liberia’s commitment to securing top-tier legal expertise to guide the country through this critical phase of its petroleum sector development.
Curtis Mallet-Prevost Colt & Mosle LLP will provide comprehensive legal counsel to the LPRA throughout the 2024 Licensing Round. The firm’s responsibilities will include the development of licensing round application documents, offering legal support during roadshows and investor events, and providing strategic guidance during Production Sharing Contract (PSC) negotiations.
The firm has a deep-rooted history with Liberia, having previously advised on key matters such as the development of Liberia’s Model Production Sharing Contract (PSC) during the 2014 Bid Round, negotiations with Kosmos Energy on behalf of Liberia, and the TGS audit and subsequent revised Seismic and Marketing Agreement with TGS in 2017.
Leading the advisory team is Susan D. Maples, a distinguished Partner at Curtis Mallet-Prevost Colt & Mosle LLP. Ms. Maples specializes in high-stakes international arbitrations and complex corporate transactions, bringing unparalleled expertise in navigating multibillion-dollar disputes and negotiations across various industries, including energy, mining, infrastructure, and development. With a career spanning over 30 countries, her client portfolio includes publicly listed corporations, sovereign states, and international organizations. Ms. Maples holds a J.D. from Columbia University School of Law and a B.A. in Philosophy, summa cum laude, from the University of Georgia.
The appointment process adhered strictly to Liberia’s public procurement regulations, with full approvals from relevant governmental authorities, ensuring transparency and compliance with the highest standards of governance. This selection highlights LPRA’s unwavering dedication to maintaining superior legal oversight and regulatory compliance, reinforcing Liberia’s strategic positioning to attract substantial investments in its hydrocarbon resources.
Commenting on the appointment, Ms. Marilyn T. Logan, Director General of LPRA, stated, “This partnership represents a significant advancement in our efforts to attract world-class investors and maximize the potential of Liberia’s hydrocarbon resources. It extends beyond legal advisory; it’s about safeguarding and advancing Liberia’s interests on the global stage.”
Curtis Mallet-Prevost Colt & Mosle LLP also expressed enthusiasm for continuing its relationship with Liberia. The firm remarked, “We are honored to build upon our longstanding partnership with Liberia and are committed to leveraging our extensive experience to support LPRA in achieving its objectives. This licensing round is a pivotal moment for Liberia, and we are proud to contribute to its success.”
The LPRA looks forward to a productive collaboration with Curtis Mallet-Prevost Colt & Mosle LLP as we continue our mission to maximize the benefits of Liberia’s petroleum resources for Liberians.