Sierra Leone extends offshore round
The agency said the extension would give the IOCs and NOCs that had bought data “time to continue their technical evaluation of the fantastic acreage”.
The agency said the extension would give the IOCs and NOCs that had bought data “time to continue their technical evaluation of the fantastic acreage”.
Equatorial Guinea and Congo Kinshasa have signed an agreement to work together, including in the construction of a joint-owned refinery and a controversial licence round.
Sierra Leone has extended the closing of its bid round until January 27, 2023, saying it had taken the decision to handle the increased interest.
Sierra Leone is in the midst of a licence round as it aims to cash in on a return of interest to the energy sector.
Wildcat Petroleum has signed a reconnaissance permit covering 20 blocks offshore Sierra Leone, covering 24,000 square km.
To make real progress in bringing power to those without in sub-Saharan Africa, interested parties will have to provide much more cash.
The new US administration is keen to claim its role in new African markets, while also working on efforts to tackle climate change.
Sierra Leone has provisionally awarded licences to Cluff Energy Africa and Innoson Oil and Gas, following the conclusion of its fourth licensing round.
Six companies submitted bids for offshore exploration concessions in Sierra Leone’s recent bid round.
Conex Oil and Gas Holdings has signed an agreement to buy Total’s fuel marketing businesses in Liberia and Sierra Leone.