Nigerian based FA Oil Limited Secures Six Offshore Oil Blocks in Sierra Leone
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Folorunso Alakija, Nigeria’s richest woman has secured exploration rights for a substantial offshore acreage in Sierra Leone, according to a statement released.
FA Oil Limited, a company owned by Africa’s richest woman, Apostle Folorunso Alakija, has successfully secured exploration rights for a substantial offshore acreage situated in Sierra Leone. The company has been awarded six offshore oil blocks by the Government of Sierra Leone and the related related Licence Agreement was signed in Freetown, Sierra Leone on December 4, 2023.
The Licence Agreement represents another level of cooperation opportunity between Nigeria and the Republic of Sierra Leone.
Nigerian Billionaire, Folorunsho Alakija’s oil company has secured six oil blocks from the Sierra Leonean government. Notice of the signed agreement