Sierra Leone: Chevron group gets deepwater concession

Sierra Leone has awarded two deepwater blocks offshore Freetown to a group led by a Chevron Corp. subsidiary.

Blocks SL-08A and SL-08B have been combined. The new concession covers 2,100 sq miles 75-110 miles southwest of Freetown in 4,900-9,800 ft of water.

Chevron (SL) Ltd. will be operator with a 55%. Noble Energy Inc. has 30%, and Odye (SL) Ltd. has 15%. The interests are before a Sierra Leone National Oil Co. optional backin of 15% at final investment decision.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...