Sierra Leone has historically lagged its West African neighbours in offshore development
Sierra Leone launches new offshore initiative
The West African nation taps two-year-old UK firm in an attempt to spur interest in its undeveloped upstream
Sierra Leone has signed a reconnaissance permit agreement (RPA) with London-listed independent Wildcat Petroleum to identify offshore “blocks which have the potential to yield commercially viable oil finds”. The RPA covers 20 deepwater blocks covering 24km² and grants Wildcat the “non-exclusive right” to conduct studies for six months. The agreement does not give Wildcat any pre-emptive rights over acreage, but the company will negotiate for petroleum exploration and production licences, “if block(s) with the potential of containing commercially viable oil discoveries are identified”. The London-listed firm’s “top priority is to secure a stake in a producing asset”, but the Sierra Leone expl
Also in this section
22 May 2025
The next energy crisis could come from the severing of the link between oil and gas prices, with potentially severe economic consequences
22 May 2025
With contract awards looming on the Kuwait-Saudi backed Dorra field, the long-stalled gas project appears finally to be gaining traction—despite Iranian objections
21 May 2025
From the upstream sector to the end-users, gas is no longer seen as a transition fuel or an afterthought, executives told attendees at the World Gas Conference
21 May 2025
Integrated refining and petrochemicals company highlights strategic flexibility amid trade war risks and long-term planning to futureproof business, says CEO Prabh Das
