Monrovia, February 9, 2026 (LPRA) – President Joseph Nyuma Boakai, Sr., on Friday welcomed senior executives of TotalEnergies to Liberia as the corporate prepares to start offshore petroleum exploration actions within the Liberia Basin.
This engagement follows the profitable conclusion of the primary Joint Operations Committee (JOC) assembly between the Liberia Petroleum Regulatory Authority (LPRA) and TotalEnergies EP Liberia for blocks LB-06, LB-11, LB-17, and LB-29. The JOC serves because the principal governance platform overseeing the implementation of Manufacturing Sharing Contracts (PSCs), guaranteeing regulatory compliance and strengthening coordination.
President Boakai reaffirmed the Authorities of Liberia’s dedication to a steady and predictable funding surroundings, emphasizing that offshore exploration can be carried out according to nationwide improvement priorities. “Liberia is open for credible investments, and we’re dedicated to sturdy establishments, clear guidelines, and partnerships that assist sustainable financial development for our folks,” President Boakai mentioned.
TotalEnergies EP Liberia (TEEPLIB) Managing Director, Isabelle DALSACE, reaffirmed the corporate’s dedication to conducting all actions according to worldwide finest practices, with specific emphasis on security, environmental safety, and operational excellence. The corporate outlined its proposed 2026 work program, together with offshore geochemical surveys, 3D seismic acquisition, and high-resolution seabed mapping.
LPRA Director Basic, Marilyn T. Logan, highlighted the significance of strict adherence to regulatory reporting necessities and native content material provisions to maximise nationwide advantages and assist capability improvement for Liberians. “This engagement displays the progress Liberia has made in strengthening petroleum sector governance and re-establishing itself as a reputable frontier exploration vacation spot,” Logan mentioned.
The assembly introduced collectively senior officers from LPRA, TotalEnergies, the Ministry of Mines and Power, the Ministry of Finance and Growth Planning, and the Nationwide Oil Firm of Liberia, underscoring a whole-of-government strategy to supporting accountable offshore exploration.
The Authorities of Liberia and TotalEnergies reaffirmed their shared dedication to continued collaboration, open communication, and the secure, clear development of Liberia’s offshore vitality potential.
