Newsletters | Request Trial | Log in | Advertise | Digital Issue   |   Search
  • Upstream
  • Midstream & Downstream
  • Gas & LNG
  • Trading & Markets
  • Corporate & Finance
  • Geopolitics
  • Podcasts
Search
Related Articles
Africa’s new producers struggle for financing
IOCs and Western lenders are reluctant to commit to new oil and gas projects in African frontier countries
Sierra Leone hopes to kickstart upstream
One of West Africa’s last frontiers aims to join the ranks of regional hydrocarbons producers
Licensing round October update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Licensing round June update
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
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
Global announcements and developments June
The industry's most comprehensive list of current and recent rounds for onshore and offshore licences
Sierra Leone opens up most of offshore to explorers
A new government has brought a new approach to licensing
African competition hots up
It's a tough environment for exploration, but some countries are making headway
Sowing the seeds in Africa
The AFC is committed to providing financial support for energy infrastructure development across the continent in a difficult investment climate
Sierra Leone
Ian Lewis
28 May 2019
Follow @PetroleumEcon
Forward article link
Share PDF with colleagues

Sierra Leone opens up most of offshore to explorers

A new government has brought a new approach to licensing

Sierra Leone has taken the unusual step of opening up its entire offshore acreage to potential explorers. While it is being branded as a reopening of its fourth licensing round, it is actually more of a complete revamp. The fourth round was originally launched back in early 2018, when five deep and ultra-deep-water blocks covering more than 31,000 km2 were offered. However, the process was complicated by the timing of the April 2018 presidential elections, which resulted in a win for the opposition candidate, Julius Maada Bio. A rethink by the new government, plus industry interest in acreage beyond the original five licensing areas resulted in suspension of the original round and a new appr

Also in this section
OPEC+ caught between a crisis and a surplus
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
Letter from Iran: Nuclear miscalculation
Opinion
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
Algihaz: Bridging conventional energy and the renewable transition
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
Powering collaboration: Exploring the Synergy Pavilion at the 25th WPC Energy Congress
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.

Share PDF with colleagues

COPYRIGHT NOTICE: PDF sharing is permitted internally for Petroleum Economist Gold Members only. Usage of this PDF is restricted by <%= If(IsLoggedIn, User.CompanyName, "")%>’s agreement with Petroleum Economist – exceeding the terms of your licence by forwarding outside of the company or placing on any external network is considered a breach of copyright. Such instances are punishable by fines of up to US$1,500 per infringement
Send

Forward article Link

Send
Sign Up For Our Newsletter
Project Data
Maps
Podcasts
Social Links
Featured Video
Home
  • About us
  • Subscribe
  • Reaching your audience
  • PE Store
  • Terms and conditions
  • Contact us
  • Privacy statement
  • Cookies
  • Sitemap
All material subject to strictly enforced copyright laws © 2025 The Petroleum Economist Ltd
Cookie Settings
;

Search