Offshore Somalia remains one of the last truly frontier passive margins in the world, with only two exploration wells offshore along the 1,000 km-long margin. In frontier basins such as this, the first step is to identify potential source rocks by integrating multiple datasets such as gravity and magnetic data, all available and relevant well […]
The Chase for Oil in Offshore Somalia Read More »
Somalia’s offshore hydrocarbon systems have been slowly maturing since the Jurassic period. Now, after ten years of relative political peace, Somalia is set to emerge as the new hot-spot for the industry, offering not only vast reserves to match the Rovuma Basin of Mozambique, but also the most elusive of prizes in East Africa –
Offshore Somalia: East Africa’s Oil Frontier Read More »
Landmark Petroleum Law Completes Legislative Process with President [X] January 2020 Mogadishu, Somalia. The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia announces that, following approval by the Upper and Lower Houses of the Federal Parliament, the Petroleum Law has been ratified by His Excellency President Mohamed Abdullahi Farmajo. The Presidential
LANDMARK PETROLEUM LAW COMPLETES LEGISLATIVE PROCESS WITH PRESIDENTIAL RATIFICATION Read More »
Launching of Somalia’s First Offshore Licensing Round
Launching of Somalia’s First Offshore Licensing Round Read More »
Shell/Exxon joint venture agrees initial roadmap for exploration and development of offshore Somalia 28 January 2020 Mogadishu, Somalia. The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia, today announces it has agreed an initial roadmap with the Shell/Exxon joint venture focused on the next steps towards the exploration and development of
Xeerka Magacaabidda Xubnaha Maamulka Hay’adda Batroolka Soomaaliyeed
Xeerka Magacaabidda Xubnaha Maamulka Hay’adda Batroolka Soomaaliyeed Read More »
ESTABLISHMENT OF THE SOMALI PETROLEUM AUTHORITY (SPA) 30 July 2020 Mogadishu, Somalia. The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia announces that the Government’s Cabinet Ministers has today Approved the Board Members of The Somali Petroleum Authority (“SPA”) and appointed Ibrahim Ali Hussein its first Chairman and Chief Executive Officer.
Establishment of the Somali Petroleum Authority (SPA) Read More »
