Middle East / Africa

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Country summary: Somalia

energy-pedia opportunities - Somalia:
Current deals: 0
Licensing articles: 9
Completed deals: 3

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Somalia - recent news

23 Feb 17
Somalia: Soma Oil & Gas executive quits to become Somalia's Prime Minister
Soma Oil & Gas has announced the resignation of Hassan Khaire, its Executive Director for Africa, so he can accept the honour of serving his country of origin, Somalia, as its Prime Minister.
07 Nov 16
Somalia announces first offshore hydrocarbon licensing round
Somalia last week announced its first offshore hydrocarbon licensing round at a conference in Cape Town. The initial round will cover areas off central and southern Somalia and will exclude shallow water block concessions signed in 1988 with Shell and Exxon Mobil.
22 Aug 16
Soma Oil faces funding black hole as fraud probe drags on
Soma Oil is facing a funding black hole which threatens to drag the Somali explorer into insolvency within months as it continues to battle a bribery and corruption scandal.
05 May 16
Somalia: Spectrum completes 2D seismic acquisition offshore south Somalia
Spectrum has completed its 2D seismic program offshore south Somalia following the acquisition of 20,582.75 line km of data. The new acquisition complements 20,000 km of existing seismic that was acquired in 2014.
09 Dec 15
Somalia: Soma Oil & Gas applies for Somalia Production Sharing Agreements
Soma Oil & Gas has announced that, as per the terms of its Seismic Option Agreement (SOA), the company has submitted a Notice of Application to the Ministry of Petroleum and Mineral Resources of the Federal Government of Somalia for Production Sharing Agreements (PSAs).

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