Sierra Leone grants oil block rights to Nigerian firm

Sierra Leone grants oil block rights to Nigerian firm

Sierra Leone granted exploration rights for four offshore oil blocks to Nigeria’s Marginal Energy, in a bid to reignite investor interest in the industry. The deal comes as Sierra Leone plans to issue more offshore licenses and follows separate agreements between Freetown and energy giants Shell and Eni over the last year to explore more than 20 oil blocks.African energy companies are seeing a boom in oil exploration activities, riding the wave …