Sierra Leone has reinforced its upstream petroleum ambitions following the signing of a Reconnaissance Permit Agreement with Shell Exploration Company B.V. The milestone agreement, executed through the Petroleum Directorate of Sierra Leone (PDSL), underscores the country\u2019s commitment to attracting investment and advancing the evaluation of its offshore basins. The signing took place at the Invest in African Energy 2026 Forum in Paris.<\/p>\n\n\n\n
Under the agreement, Shell has been granted rights to conduct advanced geological and geophysical studies across multiple offshore blocks\u2014G-91, G-92, G-93, G-110, G-111, G-112, G-114, G-115, G-116, G-117, G-133, G-134, G-135, G-148, G-149, G-150, G-162, G-163 and G-164<\/strong>\u2014covering approximately 20,594 square kilometres.<\/p>\n\n\n\n The scope of work includes seismic data quality control and interpretation, integration of well data, detailed petrophysical analysis, basin modelling, petroleum systems evaluation, identification of structural traps and reservoir fairways, as well as play-based exploration and prospectivity mapping.<\/p>\n\n\n\n In a statement released by PDSL, President Julius Maada Bio described the agreement as a pivotal moment in Sierra Leone\u2019s efforts to responsibly unlock the value of its natural resources. He emphasized that the partnership sends a strong signal to the global investment community that the country is open for business, supported by transparency, stability, and sound governance.<\/p>\n\n\n\n PDSL Director General Foday Mansaray highlighted the strategic significance of securing Shell as a partner, noting that it reflects growing international confidence in Sierra Leone\u2019s geoscience data and regulatory framework. He further reiterated that the country\u2019s upstream strategy focuses on de-risking frontier acreage through high-quality seismic data, advanced subsurface imaging, and transparent engagement with global operators.<\/p>\n\n\n\n Shell\u2019s participation brings considerable technical expertise and global experience, with operations spanning more than 70 countries and a strong track record in deepwater exploration. The partnership is expected to play a critical role in assessing Sierra Leone\u2019s offshore potential ahead of future licensing rounds.<\/p>\n\n\n\n As global energy companies increasingly turn their attention to Africa\u2019s frontier basins, this agreement positions Sierra Leone as an emerging destination for upstream investment, anchored on data-driven exploration, transparency, and credible international partnerships.<\/p>\n","protected":false},"excerpt":{"rendered":"