Liberia: Liberia Oil Bid Round Courts ECOWAS Companies

Sep 22, 2014 | Business Day
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A new Liberian bid round for four offshore oil blocs is courting investment from ECOWAS companies, using an incentive that targets regional upstream operators that is the first of its kind in a bid round.

The ‘Local Content Participation’ provisions included in the design of the bid round will give preference to bidding groups with ECOWAS companies that partner with a Liberian company.