Progress in Liberia’s offshore license round will be discussed at Africa E&P summit

offshore licensing roundLiberia Petroleum Regulatory Authority (LPRA) will speak for the first time on the ongoing Liberia Harper Basin License Round at the Africa E&P Virtual Summit, with NOCOL, Core Laboratories and TGS at a dedicated roundtable session

Africa E&P Virtual Summit, to be held from 16-17 September 2020, is a dedicated online platform for Africa's oil, gas and energy sector, featuring interactive discussions with African governments and oil and gas community.

The session will focus on how the Liberian government, via its two arms LPRA and NOCAL, has been extremely progressive and flexible in adjusting to the current COVID-19 reality and proactively adjusting their bid terms to lower the entry barrier.

The Harper Basin is West Africa’s leading frontier oil and gas region. The ongoing Liberia 2020 License Round will help facilitate the country’s first commercial hydrocarbon discovery. Earlier this year, the LPRA launched its next offshore licensing round, which commenced on 10 April. 

The round was launched in synergy with positive changes to Liberia's Petroleum Law, which were implemented to lengthen the exploration time-frame and attract more investment in Liberia’s oil and gas future. Nine offshore oil and gas exploration blocks will be on offer in the Harper Basin.

Archie Donmo, director-general of LPRA, and Ben Sayers, director of business development, AME of TGS will speak about the nine offshore blocks on offer within the Harper Basin License Round. This will be followed by an interactive Q&A session with the speakers on one of the last frontier regions of West Africa. Following the official launch of the license round by LPRA and TGS, this platform is set to provide a unique opportunity for an interactive session, giving participants the opportunity to deep dive into the blocks and the attractiveness of this region.

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