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Oil and Natural Gas in Liberia

Oil and Natural Gas

In 2005, Liberia held its first licensing round since the cessation of its civil war in 2003. Liberia awarded exploration concessions to UK-based Regal Petroleum plc, Repsol, Woodside Petroleum Ltd, Broadway Consolidated and Oranto Petroleum. In addition, Canadian-based Ona Exploration Inc signed a Memorandum of Understanding (MoU) with the Liberian government for oil and natural gas drilling rights in two offshore concessions.

Posted by Carel van der Merwe at 30.11.07

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