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Sierra Leone has signed a new offshore exploration agreement with Shell as it tries to build momentum around its untapped energy sector. The deal gives Shell the right to carry out advanced geological and geophysical surveys across more than 20,000 square kilometres of offshore territory, a step officials say should help clarify the country’s deepwater hydrocarbon potential.
The work will include basin modelling and petroleum analysis, giving the government and investors a better picture of what could lie beneath the seabed. Officials say the data is meant to reduce risk for future exploration and make Sierra Leone a more attractive destination for major energy companies.
The Shell agreement follows a similar arrangement signed with Italy’s Eni last year, as Freetown works to bring in big international operators and establish a more credible upstream track record. Shell stressed that the deal does not guarantee future drilling, but said it is an important part of evaluating possible resources.
The move is part of Sierra Leone’s broader effort to position itself as a frontier exploration market in West Africa. Government estimates suggest the country may have significant offshore oil resources, and officials hope new data and stronger partnerships will eventually lead to licensing rounds and commercial development.
