Liberia has set out plans for a licensing round in 2020, via the Liberia Petroleum Regulatory Authority (LPRA).
The round will begin in April 2020, the LPRA said, following conversations between the National Oil Company of Liberia (NOCAL), the LPRA and TGS, a seismic company which holds data on the country’s offshore. There will be nine blocks on offer within the Harper Basin in the offering.
Liberia passed amendments to its petroleum laws in 2019, marking out nine blocks in the Harper, and 24 blocks in the Liberia, basins. The blocks on offer are LB-25 to LB-33.
TGS was involved in the 2014 bid round, which offered four blocks to bidders: LB-6, LB-7, LB-16 and LB-17. Despite some interest, no awards were ratified from…
View entirety: Energy Voice