According to LEW-WATCH, Liberia’s oil industry is still grappling with unresolved concerns surrounding the award of Blocks LB-15, LB-16, LB-22, and LB-24 to Atlas Oranto Petroleum Liberia Limited. The concerns come as the government intensifies efforts to revive Liberia’s offshore petroleum sector, which has remained largely dormant despite decades of licensing agreements. The watchdog argued that such a business profile does not meet the technical requirements for offshore oil exploration. The watchdog said it was unable to find sufficient publicly available information on Tarrock Integrated Oil & Gas. To strengthen oversight, Liberia established the Liberia Petroleum Regulatory Authority (LPRA) to regulate and supervise petroleum activities.

Source: Front Page Africa February 02, 2026 16:06 UTC