Liberian Registry Approves Design for World''s First Application to
The hybrid support structure, developed by HD Hyundai group as a world-first, is fabricated with a fusion of carbon fiber reinforced plastics (CFRP) with tensile strength
Liberia has offered concessionary offshore oil blocks for bidding and direct negotiation in recent years, but few companies have expressed serious interest despite the discovery of offshore oil in neighboring Cote d'Ivoire.
Liberia's participation at the Offshore Technology Conference and the Africa Energies Summit underscores its commitment to revitalizing its oil and gas industry, leveraging networking opportunities, increasing the country's visibility, and actively engaging with industry leaders and other regulators.
Should commercially viable oil deposits be discovered, the law anticipates the creation of a Ministry of Petroleum to oversee bidding. Liberia does not have a functioning refinery. All petroleum products are imported from abroad.
They are equipped with the necessary machinery and facilities to support offshore energy production. Or "Oil platforms are large structures used for drilling and extracting oil and gas in lakes, coastal waters, and on the continental shelf, often connected to remote wells.
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