Home Africa Liberia: Liberia strikes major oil contracts with Atlas Oranto

Liberia: Liberia strikes major oil contracts with Atlas Oranto

Liberia: Liberia strikes major oil contracts with Atlas Oranto

Rédaction Africa Links 24 with New Dawn
Published on 2025-09-26 08:33:55

The Liberia Petroleum Regulatory Authority (LPRA) has announced the signing of four landmark Production Sharing Contracts (PSCs) with Atlas Oranto Petroleum International Ltd., covering offshore Blocks LB-15, LB-16, LB-22, and LB-24 in the Liberian Basin.

The contracts, concluded under Liberia’s Petroleum (Exploration and Production) Law, include strict environmental and social safeguards, transparent fiscal terms, and a US$15 million signature bonus. In accordance with Liberian law, the…

Read the full article on The Newdawn Liberia

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