Middle East / Africa

Sierra Leone flag
Summary | Profile

Country profile: Sierra Leone

Location: Western Africa, bordering the North Atlantic Ocean, between Guinea and Liberia
Climate: tropical; hot, humid; summer rainy season (May to December); winter dry season (December to April)
Terrain: coastal belt of mangrove swamps, wooded hill country, upland plateau, mountains in east
Size: 71740 sq. km total (Land area: 71620 sq. km  Water area: 120 sq.km)
Population: 6,294,774 (July 2008 est.)
Languages: English (official, regular use limited to literate minority), Mende, Temne, Krio (English-based Creole, spoken by the descendants of freed Jamaican slaves who were settled in the Freetown area
Government: constitutional democracy
Capital city: Freetown
Legal system: based on English law and customary laws indigenous to local tribes; has not accepted compulsory ICJ jurisdiction
Currency: leone (SLL)
Licensing:

Country profile

Regional leaders created the Economic Community of West African States (ECOWAS) on May 28, 1975 in Lagos, Nigeria. ECOWAS is comprised of 15 countries, which include: Benin, Burkina Faso, Cape Verde, Cote d’Ivoire , The Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mali, Niger, Nigeria , Senegal, Sierra Leone, and Togo. The leaders established ECOWAS to promote regional integration and economic growth in West Africa, as well as to create a monetary union in the region. However, ECOWAS has encountered problems in the process of regional integration including: political instability and lack of good governance that has plagued many member countries, the insufficient diversification of national economies, the absence of reliable infrastructure, and the multiplicity of organizations for regional integration with the same objectives.

Democracy is slowly being reestablished after the civil war from 1991 to 2002 that resulted in tens of thousands of deaths and the displacement of more than 2 million people (about one-third of the population). The military, which took over full responsibility for security following the departure of UN peacekeepers at the end of 2005, is increasingly developing as a guarantor of the country's stability. The armed forces remained on the sideline during the 2007 presidential election, but still look to the UN Integrated Office in Sierra Leone (UNIOSIL) - a civilian UN mission - to support efforts to consolidate peace. The new government's priorities include furthering development, creating jobs, and stamping out endemic corruption.

Energy production and consumption


Oil Gas
Production:  bbl/day (2005 est.)  
Consumption: 8,000 bbl/day (2005 est.)  
Exports: 431 bbl/day (2004 est.)  
Imports: 8,864 bbl/day (2004 est.)  
Reserves:    
Major fields:



Sierra Leone - recent news

02 Dec 23
Octopus Energy to develop Sierra Leone’s first wind farm on Sherbro Island
Octopus Energy’s generation arm has entered into a milestone partnership with Idris Elba and Siaka Stevens’ development company, Sherbro Alliance Partners (SAP), to build Sierra Leone’s first wind farm as part of the Sherbro Island City project.
19 Sep 23
Sierra Leone: Innoson Oil and Gas farming out exploration license SL2020A offshore Sierra Leone
Innoson Oil and Gas of Nigeria, the sole licensee of exploration license SL2020A, offshore Sierra Leone, have engaged Tudor Hall Energy of the United Kingdom to assist with an acreage farm-out campaign.
03 Nov 22
Sierra Leone: Wildcat Petroleum provides update on Sierra Leone Reconnaissance Study
Wildcat Petroleum has announced that, further to the announcement made on 9 May 2022, it has completed a desktop study of the petroleum potential of deep-water blocks offshore Sierra Leone.
09 May 22
Sierra Leone: Wildcat Petroleum announce Reconnaissance Permit Agreement for 20 blocks off-shore Sierra Leone
Wildcat Petroleum has entered into a Reconnaissance Permit Agreement over 20 offshore petroleum blocks in Sierra Leone territorial waters comprising a total 24,000 sq kms. This Permit grants the Company a non-exclusive right to conduct reconnaissance operations within the relevant blocks for the period of six months.
30 Apr 20
Sierra Leone awards offshore petroleum concessions to Cluff Energy Africa and Innoson
The Government of Sierra Leone has announced that following the conclusion of the Fourth Offshore Petroleum Licensing Round on 28 February 2020, acreage has been provisionally awarded to Cluff Energy Africa and Innoson Oil and Gas.

Sierra Leone - more news

Other countries in this region




A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 253

Completed Deals

Completed Upstream Deals: 6548

Company Profiles

Current Company Profiles: 2909

Corporate Activity

Current Corporate Activity articles: 4124

Companies Looking

Current number of articles: 466

Company Sales

Current Company Sales articles:1649

Geostudies

Current Geostudies articles: 959

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Government of South Australia
OPC
Telos NRG
Union Jack Oil 149
Bayphase
energy365
Rose & Assocs
Syntillica
Merlin
Borchwix
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com