Sierra Leone reopens fourth licensing round

The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners Ltd. and Getech Group PLC, announced the reopening of the fourth licensing round for offshore areas reaching from near short to ultradeep water.

Content Dam Ogj Online Articles 2019 05 190529 Sierraleone License Map Final

This article was corrected May 31. For further details on the round, please visit www.pd-sl.com/.

The Petroleum Directorate of Sierra Leone, in partnership with GeoPartners Ltd. and Getech Group PLC, announced the reopening of the fourth licensing round for offshore areas reaching from near short to ultradeep water.

The round was reopened after a 6-month industry consultation with industry. An initial fourth round was put on hold in September 2018.

“Having completed its consultation, the Petroleum Directorate has put in place a robust but flexible licensing framework that will assist investors,” said Jonathan Copus, Getech chief executive officer.

No details were immediately available regarding the changes made for the reopening. Eight wells have been drilled offshore Sierra Leone since 1982, round organizers said.

Anadarko Petroleum Corp. had three discoveries of natural gas and light oil (OGJ Online, Feb. 21, 2012). Lukoil reported a light oil discovery in 2013 on the Savannah structure although few details were made available (OGJ Online, Sept. 13, 2013).

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