
Audio By Carbonatix
Sierra Leone has signed an agreement with Shell that allows the oil major to conduct advanced geological and geophysical surveys across multiple offshore blocks, the country's petroleum directorate said on Wednesday.
- The reconnaissance permit agreement covers an area of approximately 20,600 square kilometres and includes basin modelling and petroleum systems analysis, a statement said.
- The programme, similar to one signed with Eni last October, is expected to enhance understanding of Sierra Leone's deepwater hydrocarbon potential.
- The permit will provide a data-driven framework for technical evaluation and potential future participation in licensing opportunities, the Petroleum Directorate of Sierra Leone (PDSL) said.
- "Our strategy is deliberately focused on de-risking the basin through high-quality data, attracting credible global players and accelerating the pathway towards exploration drilling," Foday Mansaray, PDSL director general, said in the statement.
- Shell said the company routinely deals with governments through non-binding agreements to access data and assess potential opportunities.
- However, this does not signal any commitment to proceed, and any further steps would depend on regulatory processes and due diligence, among others, a spokesperson said.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
NPP General Secretary accuses EOCO of ‘public trial’ over Miracles Aboagye’s arrest
15 minutes -
Okyenhene mourns Ya-Na Abukari II, hails legacy of peace, reconciliation
17 minutes -
Irish police to engage with Jordanian force in murder investigation
19 minutes -
GCB Bank MD, Farihan Alhassan recognised with African leadership award
23 minutes -
2026 U-17 WWC: Black Maidens drawn in Group C with Brazil and Canada
43 minutes -
Security forces deployed to EOCO headquarters as supporters protest Dennis Miracles Aboagye’s arrest
46 minutes -
Volatile extractive revenues could threaten Kumasi-Accra expressway project – PIAC warns
46 minutes -
Ghana and France build a future of investment
49 minutes -
Trump announces US Navy reinstating Iran blockade, proclaims 20% cargo reimbursement
58 minutes -
Jay Foley urges Ghanaian voice-over artistes to digitise their voices for AI benefits
1 hour -
Government mourns Ya-Na Abukari Mahama II, praises his role in Dagbon peace efforts
1 hour -
‘Government Statistician’ title must go, says statisticians’ president
1 hour -
Return my £6,700 and phones – Hanan Abdul-Wahab petitions A-G over seized items
1 hour -
Ghana nears completion of external debt restructuring with successful SADEREA Notes Exchange
1 hour -
Shippers’ Authority hails High Court dismissal of bid to halt container charge directive
2 hours