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Sierra Leone has been working consistently to attract investment for its upstream sector. (Image source: Invest in African Energy)

Oil major, Shell Exploration Company BV, has secured interests in Sierra Leone with the signing of Reconnaissance Permit Agreement through the Petroleum Directorate of Sierra Leone (PDSL) during the Invest in African Energy 2026 Forum in Paris

Aligning with the country's strategy of derisking frontier acreage, the agreement allows Shell the rights to initiate advanced geological and geophysical studies across offshore G-Blocks that adds up to approximately 20,594 sq kms. The major will conduct 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, and play-based exploration and prospectivity mapping.

“This agreement with Shell marks a defining moment in Sierra Leone’s journey to responsibly unlock the value of our natural resources. It sends a strong and credible signal to the global investment community… that Sierra Leone is open for business, underpinned by transparency, stability and strong governance,” said President Julius Maada Bio in a statement released by PDSL.

A major of Shell's kind will bring to the region the advantages of high-quality seismic data and advanced subsurface imaging ahead of future licensing rounds. “Signing this agreement...underscores Sierra Leone’s growing visibility on the global energy stage. Securing Shell as a partner is a strong validation of the work we have undertaken to strengthen our geoscience database and regulatory framework," said PDSL director general Foday Mansaray.

Sierra Leone has been working consistently to attract investment for its upstream sector by fostering transparent engagement with global operators. Data, transparency and credible partnerships remain central to the region's upstream ambitions.