TotalEnergies has signed four Production Sharing Contracts for offshore exploration blocks in Liberia, marking the company's entry into the West African nation's oil and gas sector. The French energy giant announced on September 17, 2025, that it was awarded the LB-6, LB-11, LB-17, and LB-29 exploration blocks following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.

Block Details and Geographic Coverage

The four awarded blocks are situated in the south of the Liberia Basin and cover an area of approximately 12,700 square kilometers offshore Liberia. The blocks represent a significant addition to TotalEnergies' exploration portfolio in West Africa, providing the company with substantial acreage for potential hydrocarbon discoveries. The work program associated with these blocks includes acquiring one firm's 3D seismic survey, which will give detailed subsurface imaging to identify potential drilling targets and geological structures within the licensed areas.

Strategic Positioning and Company Outlook

Kevin McLachlan, Senior Vice-President Exploration at TotalEnergies, expressed the company's enthusiasm about participating in the resumption of exploration activities in offshore Liberia. McLachlan stated that entering these blocks aligns with TotalEnergies' strategy of diversifying its exploration portfolio in high-potential new oil-prone basins. According to McLachlan, these areas hold significant potential for prospects that have the potential for large-scale discoveries that could lead to cost-effective, low-emission developments.

The company plans to leverage its proven expertise in deepwater operations to develop these offshore blocks.

Company Background and Global Operations

TotalEnergies operates as a global integrated energy company that produces and markets multiple forms of energy, including oil and biofuels, natural gas, biogas, and low-carbon hydrogen, renewables, and electricity. The company employs more than 100,000 people worldwide and maintains active operations in approximately 120 countries. The company positions sustainability at the heart of its strategy, projects, and operations, with a commitment to providing energy that is more reliable, more affordable, and more sustainable to as many people as possible.

This strategic focus influences TotalEnergies' approach to new exploration ventures and development projects across its global portfolio.

Liberian Petroleum Sector Development

The award of these exploration blocks represents part of the resumption of exploration activities in offshore Liberia, indicating renewed interest in the country's petroleum potential. The 2024 Direct Negotiation Licensing Round, organized by the Liberia Petroleum Regulatory Agency, served as the mechanism through which TotalEnergies secured access to these exploration opportunities.

The Liberia Basin, where the awarded blocks are located, represents an area of geological interest for international oil companies seeking new exploration opportunities in West Africa. The southern portion of the basin, where TotalEnergies' blocks are situated, forms part of the broader regional petroleum system along the West African continental margin. With TotalEnergies now entering Liberian waters, the company joins the list of international operators looking for hydrocarbons in the region.

This move supports the country's efforts to develop its offshore petroleum resources and potentially expand its economy through oil and gas discoveries.

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