TotalEnergies Signs Production Sharing Contracts For Four Offshore Exploration Blocks In Liberia Following 2024 Licensing Round
Author: Benzinga Newsdesk | September 17, 2025 07:58am
TotalEnergies (PARIS:TTE) (LSE:TTE) (NYSE:TTE) has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.
The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12,700 square kilometers, are located in the south of the Liberia Basin. The work program includes acquiring one firm 3D seismic survey.
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