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  • Oil and Gas

Oil and Gas

The oil and gas sector has not seen much growth over the last few years.  2010 saw an increase in exploration activities for off-shore extraction, but by 2012 no significant progress had been made. This was mostly due to the fall in international oil prices, which saw most of the exploration companies ceasing their activities in Sierra Leone.

The sector is  jointly regulated by the Ministry of Mines and Mineral Resources (MMMR) and the Petroleum Directorate (PD).

BDO Sierra Leone provides some of the extractive companies with assurance, tax and other regulatory compliance services. The firm has also been involved in preparing the Extractive Industries Transparency Initiative (EITI) reports.