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TotalEnergies won four offshore oil exploration licenses in Liberia to pursue low-emission projects.
TotalEnergies has secured four offshore exploration licenses in Liberia, signing production sharing agreements for blocks LB-6, LB-11, LB-17, and LB-29 in the southern Liberia Basin, covering about 12,700 square kilometers.
The move, following Liberia’s 2024 Direct Negotiation Licensing Round, marks part of the company’s strategy to expand into new oil basins with high potential.
TotalEnergies plans to conduct a 3D seismic survey as part of its exploration program, aiming to identify large-scale, low-cost, low-emission oil developments.
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TotalEnergies obtuvo cuatro licencias de exploración petrolera offshore en Liberia para llevar a cabo proyectos de bajas emisiones.