LIBERIA PETROLEUM REGULATORY AUTHORITY
Office of the Director General
Liberia Signs Production Sharing Contracts with TotalEnergies for Four (4) Offshore Blocks in the Liberian Basin.
Paris, France — September 16, 2025
The Liberia Petroleum Regulatory Authority (LPRA) today announced the signing of four Production Sharing Contracts (PSCs) with TotalEnergies covering offshore Blocks LB 6, LB 11, LB 17, and LB 29 in the Liberian Basin. The agreements will become effective upon signature by His Excellency President Joseph N. Boakai and ratification by Liberia’s National Legislature.
The signing of the PSCs represents one of the most important foreign investments in Liberia’s oil and gas sector in more than a decade. As one of the world’s largest integrated energy companies, with a proven track record in deepwater exploration across Africa and globally, TotalEnergies’ entry into Liberia signals renewed international confidence in the country’s hydrocarbon potential. The company brings unmatched technical expertise, financial capacity, and industry-leading standards in safety, environment, and social responsibility.
At the signing of the agreements in Paris France, Marilyn T. Logan, Director General of LPRA, said,
“The signing of these PSCs with TotalEnergies ends a decade-long pause on Liberia’s offshore petroleum program, marks a positive turning point in the country’s energy future, and stands as a vote of confidence in the reforms we have undertaken to attract responsible operators.”
Ms. Logan furthered that the partnership offers not only potential for resource development but also concrete opportunities for local capacity building, knowledge transfer, and sustainable growth for Liberia.
“TotalEnergies is enthusiastic to be part of the resumption of exploration activities 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.”
Background:
These PSCs are Liberia’s first upstream petroleum agreements in more than ten years. They were concluded through under Liberia’s 2024 Licensing Round. The contracts incorporate environmental and social safeguards, transparent revenue management provisions, and robust local content requirements, ensuring Liberians benefit directly from sector growth. TotalEnergies’ participation reduces investment risk in Liberia’s upstream petroleum sector, raises the profile of Liberia’s basin, and lays a foundation for further international interest.
About LPRA:
The LPRA is the independent regulator of Liberia’s upstream petroleum sector. LPRA oversees licensing, compliance, and governance to ensure safe, transparent, and environmentally responsible operations that deliver sustainable value for the Liberian people and international partners.
Media Contact:
LPRA Media Relations Contact: +231 777110110 / 887111116
