Sierra Leone relaunches oil licensing round

Sierra Leone has relaunched its fourth licensing round, offering offshore tracts in both direct and open tenders.

The West African nation has opened data rooms in the capital Freetown, London and Houston with both 2D and 3D data on offer. UK-based advisory company Getech Group is supporting the round, which has been launched after a six-month industry consultation.

Getech did not reveal how many blocks will be offered, but Director General of Sierra Leone’s Petroleum Directorate Timothy Musa Kabba said at the CERAWeek by IHS Markit conference in Houston in March that the intention was to offer five blocks, ranging from shallow to deep water.

Getech said the exercise has fully opened the country’s offshore area for licensing, with an accompanying map showing dozens of blocks on offer.

 

Source: Upstream

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