Monrovia, February 5, 2026 (LPRA) H.E. President Joseph Nyuma Boakai, Sr. on Friday welcomed senior Executives of TotalEnergies to Liberia, as the company prepares to commence offshore petroleum exploration activities in the Liberia Basin.
The engagement follows the successful conclusion of the first Joint Operations Committee (JOC) meeting between the Liberia Petroleum Regulatory Authority (LPRA) and TotalEnergies EP Liberia for LB-06, LB-11, LB-17, and LB-29.
The JOC serves as the principal governance platform for overseeing the implementation of Production Sharing Contracts (PSCs), ensuring regulatory compliance, and strengthening coordination.
President Boakai reaffirmed the Government of Liberia’s commitment to a stable and predictable investment environment while ensuring that offshore exploration is conducted in line with national development priorities. “Liberia is open for credible investments, and we are committed to strong institutions, clear rules, and partnerships that support sustainable economic growth for our people;” President Boakai said.
TotalEnergies EP Liberia (TEEPLIB) Managing Director, Isabelle DALSACE, reaffirmed TotalEnergies’ commitment to conducting all its activities in line with international best practices, with particular emphasis on safety, environmental protection, and operational excellence. The company outlined its proposed 2026 work program, which includes offshore geochemical surveys, 3D seismic acquisition, and high-resolution seabed mapping.
LPRA Director General Marilyn T. Logan emphasized the importance of strict adherence to regulatory reporting requirements and local content provisions to maximize national benefits and support capacity development for Liberians. “This engagement reflects the progress Liberia has made in strengthening petroleum sector governance and re-establishing itself as a credible frontier exploration destination,” Logan said.
The meeting brought together senior officials from LPRA, TotalEnergies, Ministry Mines and Energy, Ministry of Finance Development Planning and the National Oil Company of Liberia, underscoring a whole-of-government approach to supporting responsible offshore exploration.
The Government of Liberia and TotalEnergies reaffirmed their shared commitment to continued collaboration, open communication, and the safe and transparent advancement of Liberia’s offshore energy potential.
