Liberia Launches 2026 Offshore Oil Round
Liberia has launched its 2026 oil and gas licensing round by offering 29 offshore blocks for direct negotiation. The regulatory authority aims to attract international energy companies and boost local exploration efforts.
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Liberia launched an auction offering 29 offshore blocks on Wednesday morning, aiming to attract international oil companies and drive new exploration. The West African nation showcased its prospective acreage at an energy conference in South Africa as it seeks its first commercial petroleum production. The move follows the 2024 licensing round, which secured eight production-sharing contracts across the region.
