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Liberia offers 15 offshore blocks. Who will drill?

Oil field. Photo by Redhawk Investment Group @ Pixabay
Oil field. Photo by Redhawk Investment Group @ Pixabay

Eric Kasongo

Senior Journalist and Strategic Researcher specializing in political economy, mining, energy, and financial markets across Central and Southern Africa, with a strong focus on data-driven analysis and regional investment.
  • Liberia offers 15 offshore blocks to attract global exploration investment.
  • Model contracts propose $25mn initial spending despite deepwater risks.

 

MONROVIA, LIBERIA — Liberia is offering 15 offshore exploration blocks to international oil companies, betting improved geological data and negotiable contracts can unlock its first commercially viable petroleum discovery.

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