Africa’s oil-producing club could soon welcome a new member- here’s who might be next

In 2025 alone, two African nations, Sierra Leone and Rwanda, seemed to have positioned themselves as potential entrants into the continent’s oil-producing club, signaling a shift in their long-term economic strategies. The former recently found viabilty in this objective, following a 3D seismic survey.

The goal of Sierra Leone’s first offshore 3D seismic survey in almost a decade is to explore the country’s offshore oil basin’s enormous potential.

The six-week survey is a crucial component of initiatives to lower the risks involved in oil exploration and to provide more thorough data.

It was conducted in collaboration with the energy consulting firm GeoPartners.

Later this year, the country will decide whether to move on with its next phase of oil and gas licensing based on the outcomes of this seismic study.

“The reprocessing of that data is happening now with our multi-client partners, TGS, and we are hoping to get something to push to the market in October,” Foday Mansaray, director general at the Sierra Leone Petroleum Directorate said of a potential licensing launch date.

Continue reading with Eandel

Subscribe to unlock the complete story and receive your subscriber benefits.

Subscribe Now Sign in

Continue reading with Eandel

Stay Informed. Be Part of the Story.