By Saidu Jalloh, Reporter, D.S
Sierra Leone’s Deputy Minister of Finance, Mr. Bockarie Kalokoh, and the Director General of the Petroleum Directorate of Sierra Leone (PDSL), Mr. Foday Mansaray, participated in the Invest in African Energy 2025 conference held in Paris on May 13-14, 2025. Recognized as the continent’s premier forum outside Africa, the event aimed to foster collaboration and investment opportunities among international and African delegates.
During the conference, Mr. Mansaray emphasized Sierra Leone’s growing potential in the oil and gas sector, reaffirming the nation’s commitment to regional collaboration and sustainable investment. He highlighted that drilling is set to begin in 2026, positioning Sierra Leone as a future net exporter of oil and gas.
To address investor concerns, Mansaray detailed efforts to de-risk offshore prospects, including the acquisition of new 3D seismic data starting in June 2025. He also shared findings from a study by PVE Consulting Ltd., which estimates that Sierra Leone has around 20 billion barrels of recoverable oil, making it an attractive destination for energy investment.
Additionally, he mentioned ongoing collaboration with TGS to reprocess existing 3D data, particularly focusing on the promising 3-billion-barrel Vega prospect. The conference also served as a valuable networking platform for stakeholders in the oil and gas industry, facilitating discussions that could lead to future collaborations and investments in Sierra Leone’s energy landscape.
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