Languages
Page last updated at 14:06 GMT, Wednesday, 16 September 2009 15:06 UK

'Oil discovered' off Sierra Leone

An oil rig off Ghana
A recent oil discovery off Ghana sparked huge optimism in the region

A US oil firm has announced the discovery of a deepwater oil well off the coast of Sierra Leone.

Anadarko Petroleum Corporation said it confirmed the existence of an "active petroleum system" in the Sierra Leone-Liberian basin.

Two years ago, oil was discovered off Ghana by the same drillers.

Sierra Leone is one of the poorest countries in the world and still faces the challenge of reconstruction after a brutal civil war which ended in 2002.

The country is also rich in diamonds and other minerals, but the trade in illicit gems, known as "blood diamonds" for their role in funding conflicts, perpetuated the civil war.

Anadarko Petroleum said the new well - called Venus - is one of more than 30 identified prospects across 10 blocks offshore of Sierra Leone, Liberia, Ivory Coast and Ghana.

"We are optimistic that the continued success of our West African Cretaceous program will create substantial value for our stakeholders as well as the people of West Africa through continued investment and increased activity," said Bob Daniels, Andarko vice-president.



Print Sponsor


SEE ALSO
Country profile: Sierra Leone
15 Aug 09 |  Country profiles
Ghana 'will be an African tiger'
19 Jun 07 |  Africa
UK's Tullow uncovers oil in Ghana
18 Jun 07 |  Business

RELATED BBC LINKS

RELATED INTERNET LINKS
The BBC is not responsible for the content of external internet sites


FEATURES, VIEWS, ANALYSIS
Has China's housing bubble burst?
How the world's oldest clove tree defied an empire
Why Royal Ballet principal Sergei Polunin quit

BBC iD

Sign in

BBC navigation

Copyright © 2017 BBC. The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.

Americas Africa Europe Middle East South Asia Asia Pacific