
Liberia Starts Offshore Exploration with TotalEnergies
Liberia has started offshore exploration work with TotalEnergies across four PSA blocks, while new seismic processing and storage plans support broader energy sector activity.

Liberia has started offshore exploration work with TotalEnergies across four PSA blocks, while new seismic processing and storage plans support broader energy sector activity.

TotalEnergies booked a $700 million impairment in Q4 2025 mainly tied to offshore wind within its Integrated Power segment. Total impairments reached $900 million, while net renewable generation rose to 8.1 TWh and the portfolio increased to 19 GW.

TotalEnergies will merge its UK offshore assets with Neo Next Energy to form Neo Next+, expected to be the largest independent oil and gas producer in the UK with output above 250,000 boe/d in 2026.

TotalEnergies has launched EnergyJobs.sr in Paramaribo, creating a unified access point for Surinamese applicants seeking oil and gas roles. The platform lists 437 positions and will support future hiring for the GranMorgu development in Block 58.

TotalEnergies has rejected new allegations submitted to French prosecutors linking the company to alleged abuses by Mozambican forces in 2021, stressing that staff had evacuated the LNG site months earlier.

Bloomberg reports that Namibia has introduced a draft amendment to the Petroleum Act that would reassign several petroleum oversight responsibilities from the energy ministry to the presidency while offshore discovery negotiations continue with TotalEnergies.

Guyana has signed a five-year production sharing agreement with TotalEnergies, QatarEnergy and Petronas for offshore Block S4, the first contract concluded after the 2023 tender that allocated eight of 14 shallow-water and deep-water blocks.

ExxonMobil CEO Darren Woods said the company is close to lifting the force majeure on its Rovuma LNG project in Mozambique and will move “fairly quickly” toward a final investment decision once the suspension ends.

Reuters reported that Exxon Mobil is looking to lift force majeure on its $30 billion Mozambique LNG project as security improves.
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