As part of its commitment to modernizing regulatory operations and enhancing stakeholder engagement, the Authority is undertaking strategic interventions aimed at improving service delivery, strengthening governance systems, enhancing regulatory oversight, and promoting greater efficiency across its core functions.
These efforts form part of LPRA’s broader vision to build a world-class petroleum regulatory institution capable of effectively overseeing Liberia’s emerging petroleum sector while safeguarding national interests and promoting responsible resource management.
The Authority remains focused on leveraging innovation, technology, and international best practices to improve operational performance, support evidence-based decision-making, and strengthen collaboration with government institutions, industry operators, development partners, and the public.
LPRA leadership reaffirmed the institution’s commitment to transparency, accountability, and stakeholder engagement as key pillars for the sustainable development of Liberia’s petroleum industry.
The Authority will continue to provide updates on major initiatives, regulatory developments, sector activities, and institutional achievements as part of its ongoing efforts to keep stakeholders informed and engaged.
About LPRA
The Liberia Petroleum Regulatory Authority (LPRA) is the statutory institution responsible for regulating and overseeing Liberia’s petroleum sector. The Authority is mandated to promote transparency, accountability, efficiency, and sustainable management of petroleum resources for the benefit of the Liberian people.
]]>The agreement establishes a formal framework for collaboration in key areas, including regulatory governance, institutional capacity building, technical knowledge exchange, stakeholder engagement, and the sharing of industry best practices. The partnership reflects the commitment of both institutions to fostering stronger regional cooperation and supporting the responsible management of petroleum resources for national development.
Through this strategic collaboration, the LPRA and PCG will work together to facilitate the exchange of expertise and experiences in petroleum regulation, policy implementation, sector oversight, and operational excellence. The partnership is also expected to create opportunities for joint learning initiatives, professional development programs, technical assistance, and enhanced cooperation on matters of mutual interest within the oil and gas industry.
Through this strategic collaboration, the LPRA and PCG will work together to facilitate the exchange of expertise and experiences in petroleum regulation, policy implementation, sector oversight, and operational excellence. The partnership is also expected to create opportunities for joint learning initiatives, professional development programs, technical assistance, and enhanced cooperation on matters of mutual interest within the oil and gas industry.
Speaking on the significance of the agreement, LPRA emphasized that the partnership represents an important milestone in Liberia’s ongoing efforts to strengthen its petroleum regulatory framework and build institutional capacity in preparation for future sector growth and development
The Memorandum of Understanding further reinforces the shared vision of both institutions to promote transparency, accountability, efficiency, and sustainability across the petroleum value chain while ensuring that petroleum resources contribute meaningfully to economic growth and national prosperity.
As Liberia continues to advance its petroleum sector development agenda, strategic partnerships such as this serve as important platforms for learning from regional experiences, strengthening regulatory institutions, and adopting international best practices that support effective governance of the petroleum industry.
The LPRA remains committed to building strong partnerships with regional and international institutions to ensure the responsible development, regulation, and management of Liberia’s petroleum resources for the benefit of all Liberians.
]]>Through this partnership with the Presidency, LPRA reaffirms its dedication to performance excellence and its role in advancing national development.
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
