Lukoil Finds Oil Offshore Sierra Leone

October 23, 2013

Lukoil Overseas, the 100% subsidiary of Lukoil which operates foreign production projects, has found oil offshore Sierra Leone, Lukoil Overseas press service said.

The reserves are being assessed. Lukoil will come up with the results by the end of 2013. An exploration and production project has been signed for 30 years. The Nigerian Oranto (30%) and the US PanAtlantic (21%) are also participating.

Copyright: Voice of Russia, 2013