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NOCAL, Core Laboratories Sign Accord On Oil Well Data Management

NOCAL, Core Laboratories Sign Accord On Oil Well Data Management MONROVIA, Aug. 2 (LINA) – The National Oil Company of Liberia (NOCAL) has signed a multi-year Well Data management agreement with Core Laboratories Sales BV, an oil industry service giant. The agreement is the first major initiative by a major sector player in three years, said a NOCAL statement issued in Monrovia Thursday. It said the venture will see the management value addition and re-organization of Oil Well Data coll

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Sunday, March 22nd, 2020, 8:14 AM

Pres. Weah Signs Into Law Amended Petroleum Act Of 2019

MONROVIA, Oct. 16 (LINA) – President George M. Weah has signed into law the amended Petroleum Act of 2019. After consultations and in keeping with international and regional practices, the amended law gives rise to executive allocation of blocks to the National Oil Company of Liberia (NOCAL) and increment in the block size from 2,000 sq.km to not exceed 3,500 sq.km. The President is keen on ensuring that the petroleum sector proceeds in the right direction in order to attract the requisite

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Sunday, March 22nd, 2020, 5:11 PM

Liberia Set to Offer 9 Offshore Blocks in 2020 Harper Basin License Round

ASKER, Norway (11 December 2019) – The Liberia Petroleum Regulatory Authority (LPRA), has announced the launch of the next licensing round, expected to commence in April 2020. In a meeting held between NOCAL, LPRA and TGS, the next steps were unanimously agreed, to allow the government of Liberia to conduct a successful license round and thereby to attract the right investors to this promising exploration region. Nine blocks will be on offer in the Harper Basin, one of the last unexplored

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Sunday, March 22nd, 2020, 5:14 PM

Liberia Set to Offer 9 Offshore Blocks in 2020 Harper Basin License Round

ASKER, Norway (11 December 2019) – The Liberia Petroleum Regulatory Authority (LPRA), has announced the launch of the next licensing round, expected to commence in April 2020. In a meeting held between NOCAL, LPRA and TGS, the next steps were unanimously agreed, to allow the government of Liberia to conduct a successful license round and thereby to attract the right investors to this promising exploration region. Nine blocks will be on offer in the Harper Basin, one of the last unexplored

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Monday, March 23rd, 2020, 7:36 AM

LPRA, NOCAL hold roundtable on oil

The Liberia Petroleum Regulatory Authority or LPRA and the National Oil Company of Liberia kickoff a three-day roundtable here on pre-bid and Gas Regulations and Strategies. The consultative meeting brings together government officials, non-stakeholders and the National Legislature. LPRA Director-General Archie N. Donmoe, says the next bid-round will be launched in April 2020. He says they are passionate about ensuring that Liberia benefits from its potential oil and gas resources, but this i

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Tuesday, March 24th, 2020, 11:59 AM

President Weah announces next Licensing Round

The President of Liberia, His Excellency, Dr. George M. Weah in his Annual Message to the Third Session of the Fifty-fourth National Legislature of the Republic of Liberia on January 27, 2020, announced the opening of the entire Harper Basin during the next Licensing Round in April. President Weah: “My Fellow Liberians, I am pleased to announce to you today, that the Government of Liberia, through the Liberia Petroleum Regulatory Authority (LPRA), will open up the entire Harper Basin during t

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