VisionWave secures exclusive pathway to Liberia offshore Blocks LB-4 and LB-5 under LOE with NOCAL

Reuters
03/24
VisionWave secures exclusive pathway to Liberia offshore Blocks LB-4 and LB-5 under LOE with NOCAL
  • VisionWave entered a letter of engagement with Liberia’s National Oil Company related to offshore petroleum Blocks LB-4 and LB-5 in the Liberia Basin.
  • The agreement provides an exclusive pathway for eight months toward a potential production sharing contract, subject to approvals and ratification.
  • VisionWave plans to evaluate deploying its RF-based sensing and imaging technologies alongside conventional seismic and geophysical methods in offshore exploration workflows.
  • The engagement includes an initial signing bonus of USD 300,000 per block, totaling USD 600,000.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VisionWave Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603240800PRIMZONEFULLFEED9676853) on March 24, 2026, and is solely responsible for the information contained therein.

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