{"id":8638,"date":"2020-07-20T19:43:15","date_gmt":"2020-07-20T19:43:15","guid":{"rendered":"http:\/\/oilnewskenya.com\/?p=8638"},"modified":"2020-07-20T19:43:15","modified_gmt":"2020-07-20T19:43:15","slug":"liberia-makes-changes-to-its-bid-evaluation-criteria-for-the-2020-offshore-licensing-round-for-the-harper-basin","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/liberia-makes-changes-to-its-bid-evaluation-criteria-for-the-2020-offshore-licensing-round-for-the-harper-basin\/","title":{"rendered":"Liberia Makes Changes to its Bid Evaluation Criteria for the 2020 Offshore Licensing Round for the Harper Basin"},"content":{"rendered":"

The Government of Liberia, through the Liberia Petroleum Regulatory Authority (LPRA), has made significant adjustments to its bid evaluation criteria for the 2020 Offshore Licensing Round for the Harper Basin. These modifications, according to the Director General,\u00a0Hon. Archie Donmo<\/strong>, \u201care in response to the devastating impact of Covid-19 on the global price of oil, \u00a0share price of E&P companies, and the sensitivity of the Government of Liberia towards mitigating this impact and attracting international investment in the Harper Basin, one of the untapped regions within the West Africa Transform Margin<\/em>.\u201d<\/p>\n

These changes include the adjustment of requirements for signature bonus from a minimum of 8 million United States Dollars payable in one tranche to a more flexible option. Under this new adjustment, there will be no minimum requirement thereby allowing companies to submit bids describing their proposal for signature bonus. This allows the industry to determine the signature value for each block based on submissions.\u00a0 In addition to designating the signature bonus as a biddable item, LPRA has announced that interested bidders will have an opportunity to negotiate a payment schedule with the Government of Liberia. Also,\u00a0 LPRA has modified the mandatory 2D seismic data purchase requirement for the entire Harper Basin to require interested bidders to license 2D seismic data for the particular block (s) of interest.<\/p>\n

Cognizant of the profound difficulties besetting exploration companies at the moment, the Government believes that these changes will incentivize investment in the Harper Basin and demonstrates its commitment to creating an enabling business environment, one of the promises made by HE President George M. Weah.<\/p>\n

The 2020 Offshore Licensing Round was launched at a virtual event on April 10, 2020, opening up the request for pre-qualification of international E&P companies. The deadline for Pre-qualification is October 31, 2020. Companies that are pre-qualified and received \u201cNotice of Qualification\u201d<\/em><\/strong>\u00a0will be allowed to submit formal bids for block (s) in the Harper Basin from November 2020-February 2021. Thereafter, LPRA will issue notice of awards to companies whose bids have been accepted and evaluated as most responsive and invite same to formalize a petroleum sharing agreement.<\/p>\n

Nine blocks will be on offer in the Harper Basin, one of the last unexplored and undrilled regions offshore West Africa: LB-25, LB-26, LB-27, LB-28, LB-29, LB-30, LB-31, LB-32, LB-33<\/em><\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Government of Liberia, through the Liberia Petroleum Regulatory Authority (LPRA), has made significant adjustments to its bid evaluation criteria for the 2020 Offshore Licensing Round for the Harper Basin. … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":8640,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[7442,11,7444],"tags":[321,7932,7923,7924,7925,7926,7927,7928,7929,7930,7931,1403,7933,3446],"class_list":["post-8638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-countries","category-top-news","category-west-africa","tag-blocks","tag-harper-basin","tag-lb-25","tag-lb-26","tag-lb-27","tag-lb-28","tag-lb-29","tag-lb-30","tag-lb-31","tag-lb-32","tag-lb-33","tag-liberia","tag-liberia-petroleum-regulatory-authority","tag-licensing-round","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Liberia-Harper-basin-Round.jpg?fit=615%2C393&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-2fk","jetpack-related-posts":[{"id":15244,"url":"https:\/\/www.oilnewskenya.com\/index.php\/liberia-totalenergies-is-awarded-four-offshore-exploration-permits\/","url_meta":{"origin":8638,"position":0},"title":"LIBERIA: TotalEnergies is Awarded Four Offshore Exploration Permits","author":"","date":"September 17, 2025","format":false,"excerpt":"TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency. The blocks LB-6, LB-11, LB-17 and LB-29, covering an area of approximately 12,700 square\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/09\/Liberia-blocks.webp?fit=1110%2C1110&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/09\/Liberia-blocks.webp?fit=1110%2C1110&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/09\/Liberia-blocks.webp?fit=1110%2C1110&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/09\/Liberia-blocks.webp?fit=1110%2C1110&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2025\/09\/Liberia-blocks.webp?fit=1110%2C1110&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":15524,"url":"https:\/\/www.oilnewskenya.com\/index.php\/liberia-totalenergies-partners-with-bluenergies-in-its-offshore-harper-basin-fan-play\/","url_meta":{"origin":8638,"position":1},"title":"LIBERIA: Totalenergies Partners with Bluenergies In Its Offshore Harper Basin Fan Play","author":"","date":"January 16, 2026","format":false,"excerpt":"BluEnergies has successfully entered into an industry standard joint study and application agreement (JSAA) with the Liberian upstream subsidiary of TotalEnergies SE (TTE) in order to further explore the prospectivity of the Company's deep water fan play in the Harper Basin, offshore Liberia. The West Africa Transform Margin, where the\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9059,"url":"https:\/\/www.oilnewskenya.com\/index.php\/liberia-local-companies-to-participate-in-the-liberia-offshore-license-round-2020\/","url_meta":{"origin":8638,"position":2},"title":"LIBERIA: Local Companies to Participate in the Liberia Offshore License Round 2020","author":"","date":"September 6, 2020","format":false,"excerpt":"Following a vigorous evaluation of Liberian companies who applied to be pre-qualified for the country\u2019s ongoing Offshore License Round for the Harper Basin, The Liberia Petroleum Regulatory Authority (LPRA) has pre-qualified Seven (7) Liberian Companies. Nine (9) companies expressed interest to be pre-qualified but the evaluation panel denied two companies\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Liberia-Harper-basin-Round.jpg?fit=615%2C393&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Liberia-Harper-basin-Round.jpg?fit=615%2C393&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/07\/Liberia-Harper-basin-Round.jpg?fit=615%2C393&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":15861,"url":"https:\/\/www.oilnewskenya.com\/index.php\/liberia-bluenergies-and-totalenergies-progress-operations-harper-basin\/","url_meta":{"origin":8638,"position":3},"title":"LIBERIA: BluEnergies and TotalEnergies Progress Operations, Harper Basin","author":"Samuel Kamau Mbote","date":"July 13, 2026","format":false,"excerpt":"BluEnergies has provide an operations update on the work program currently being conducted on the blocks LB-26, LB-30 and LB-31 jointly with TotalEnergies in the Harper Basin, offshore Liberia. The work program, designed to confirm and enhance drillable prospects within the Blocks, is on schedule and comprises the following operations:\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2026\/01\/Liberia-BluEnergies.jpg?fit=1200%2C884&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":12270,"url":"https:\/\/www.oilnewskenya.com\/index.php\/liberia-tgs-announces-enhancement-of-key-3d-seismic-data\/","url_meta":{"origin":8638,"position":4},"title":"LIBERIA: TGS Announces Enhancement of Key 3D Seismic Data","author":"","date":"May 20, 2022","format":false,"excerpt":"TGS has announced an agreement with the National Oil Company of Liberia (NOCAL) to reprocess over 5,100 square kilometers of 3D seismic data over Blocks 8 & 9 in the offshore Liberia basin. The survey will be processed using a Pre-Stack Depth Migration (PSDM) workflow to enable optimal imaging of\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2020\/09\/LiberiaOilGasTGS.png?fit=500%2C422&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9093,"url":"https:\/\/www.oilnewskenya.com\/index.php\/oil-and-gas-exploration-in-namibia-liberia-and-ghana-looking-to-the-future\/","url_meta":{"origin":8638,"position":5},"title":"Oil and Gas Exploration in Namibia, Liberia and Ghana: Looking to the Future","author":"","date":"September 10, 2020","format":false,"excerpt":"Namibia, Liberia and Ghana are set to share their latest and most exciting oil and gas developments in a series of dedicated roundtable discussions aimed at showcasing hydrocarbon potential and investment opportunities at the largest gathering of Africa\u2019s upstream community this year. Despite the challenges faced during 2020, the oil\u2026","rel":"","context":"In "Countries"","block_context":{"text":"Countries","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/countries\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2018\/09\/Africa-China-India.png?fit=755%2C376&ssl=1&resize=700%2C400 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/users\/24"}],"replies":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/comments?post=8638"}],"version-history":[{"count":1,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8638\/revisions"}],"predecessor-version":[{"id":8641,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/posts\/8638\/revisions\/8641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media\/8640"}],"wp:attachment":[{"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/media?parent=8638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/categories?post=8638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.oilnewskenya.com\/index.php\/wp-json\/wp\/v2\/tags?post=8638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}