TotalEnergies has formally started offshore exploration activities in Liberia after holding the first Joint Operations Committee meeting with Liberia Petroleum Regulatory Authority for four Production Sharing Agreements signed in September 2025.
The agreements cover Blocks LB-06, LB-11, LB-17 and LB-29 in the Liberia Basin. Under its 2026 work programme, TotalEnergies will carry out offshore geochemical surveys, 3D seismic acquisition and high-resolution seabed mapping to identify viable drilling targets.
The PSAs are Liberia’s first upstream petroleum agreements in more than a decade and were awarded under the country’s 2024 Licensing Round.
Separately, Liberia Petroleum Regulatory Authority also concluded PSAs with Atlas Oranto Petroleum International for Blocks LB-15, LB-16, LB-22 and LB-24, broadening Liberia’s upstream investor base.
In parallel, TGS resumed seismic reprocessing in January 2026 under the Liberia Sunfish 3D project, covering about 6,100 square kilometres in the Harper Basin. On completion, Liberia will have reprocessed more than 50,000 kilometres of 2D seismic data and over 31,000 square kilometres of 3D data.
Liberia’s Mines and Energy Minister Wilmot Paye said nearly 80% of the country remains unexplored, including significant opportunities in oil and gas. He described the agreement with TotalEnergies as opening Liberia’s investment corridors.
Downstream infrastructure plans are also moving ahead. Liberia Petroleum Refining Company plans to install two mixed-product storage tanks with a combined capacity of 15,000–20,000 tonnes, in addition to a 4.48-million-gallon petrol storage tank deployed in 2025.
President Joseph Nyuma Boakai said Liberia remains open to credible investments and is committed to strong institutions, clear rules and partnerships that support sustainable economic growth.
