Sierra Leone: Sierra Leone in Fourth Bid to Launch Oil Sector with Licensing Round

Jun 14, 2018 | Cooper Inveen, Reuters
View Original

Seeking to capitalise on higher oil prices, Sierra Leone has extended the deadline of a fourth oil licensing round for five deep water offshore blocks until September 27, officials told Reuters. Interest in West African oil and gas has surged over the last decade, with big discoveries in Senegal and Mauritania over the past few years. But Sierra Leone, even after a boom in exploration in 2012, has yet to see discoveries of either in commercial quantities.