PRESS RELEASES

Federal Government of Somalia Signs Oil and Gas Cooperation Deal with Türkiye

Leave a Comment / MEDIA, PRESS RELEASES, Publications / By

Federal Government of Somalia Signs Oil and Gas Cooperation Deal with Türkiye Abdirizak Omar Mohamed, Somalia’s Minister of Petroleum & Mineral Resources (left) shakes hands with the Turkish Energy Minister Alparslan Bayraktar. (Photo: Somali Petroleum Authority – SPA) In a significant move bolstering energy cooperation, Türkiye has inked a cooperation agreement with Somalia focusing on …

Federal Government of Somalia Signs Oil and Gas Cooperation Deal with Türkiye Read More »

The Federal Government of Somalia has a new deal with Liberty Petroleum.

Leave a Comment / PRESS RELEASES, Publications / By

Abdirizak Omar Mohamed, Somalia’s Minister of Petroleum & Mineral Resources (left) shakes hands with Liberty Petroleum chief executive Lane Franks after signing a groundbreaking upstream exploration deal. (Photo: Somali Petroleum Authority – SPA) The Federal Government of Somalia signed an oil exploration deal with the Liberty Petroleum, a respected American company based in Phoenix, Arizona. …

The Federal Government of Somalia has a new deal with Liberty Petroleum. Read More »

Petroleum to boost living standards in Somalia

Leave a Comment / Blogs / By

Opinion article by Abdulkadir Aden Mohamud, CEO and Chairman Somalia has a tough legacy. Two decades of civil war and ongoing natural disasters including droughts and flooding have triggered the displacement of 2 million citizens. Almost 70% of Somali live under the international poverty line of $1.90 a day. The country heavily depends on international …

Petroleum to boost living standards in Somalia Read More »

Somali Petroleum Authority Response to Media Speculation

Leave a Comment / KEY DOCUMENTS, PRESS RELEASES / By

  Response to Media Speculation 22 April 2022 Mogadishu, Somalia: The Somalia Petroleum Authority (“SPA”) notes the article published by Voice of America on 19 April and issues the following response. The analysis published in the article was entirely inaccurate and based on an early draft of the Production Sharing Agreement (PSA), which is no …

Somali Petroleum Authority Response to Media Speculation Read More »

Why a commitment to sustainable development is the key to Somalia’s future

Leave a Comment / Blogs / By

by Abdulkadir Aden Mohamud, CEO and Chairman Somalia stands poised to capitalise on an unprecedented opportunity, surpassing through its oil exploration even the considerable success of its neighbours. The country’s offshore waters may contain at least 30 billion barrels of oil reserves, according to Spectrum Geo, a company that conducted a seismic data study of …

Why a commitment to sustainable development is the key to Somalia’s future Read More »

Somalia Signs Shell-ExxonMobil E&P Roadmap

Leave a Comment / PRESS RELEASES / By

Agreement with joint venture explorer boosts Somalia’s post-conflict effort to attract IOCs to its long-delayed licensing round Somalia reached an agreement with a Shell-ExxonMobil joint venture on 24 February that covers future exploration of offshore oil and gas blocks, according to the East African country’s Ministry of Petroleum and Mineral Resources. The agreement enables historic …

Somalia Signs Shell-ExxonMobil E&P Roadmap Read More »

Somali President Signs Petroleum Law, Senate Approves Elections Law

Leave a Comment / PRESS RELEASES / By

MOGADISHU (HOL) – President Mohamed Farmaajo Saturday signed the amended Petroleum Law marking a major milestone for the country’s efforts to exploit oil resources even as some Federal Member States rejected the law as lacking in consultations. Villa Somalia said in a statement the signing into law of the Petroleum Law ‘demonstrates to international investors …

Somali President Signs Petroleum Law, Senate Approves Elections Law Read More »

About SPA

SPA was established in July 2020 following the Presidential ratification of the Petroleum Law on 8 February 2020.

Helpful Links

Contact Info

  • Mogadishu - Somalia
  • info@hbs.gov.so
  • Saturday - Thursday 8am - 5pm

Social Media

Facebook-f Twitter

@ 2025 Copyrights Reserved Somali Petroleum Authority