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Exploration News in Somalia

Somalia Launches First Offshore Licensing Round
5/12/2020 - The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia announces the launching of Somalia’s first offshore licensing round. Due to the spread of the global pandemic, COVID ...
Shell/Exxon JV Agrees on an Initial Roadmap for Exploration & Development Offshore Somalia
3/2/2020 - The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia, has agreed on an initial roadmap with the Shell/Exxon joint venture focused on the next steps towards the exploratio...
TGS Welcomes Federal Republic of Somalia’s Ratification of the Petroleum Law
2/20/2020 - The Federal Republic of Somalia has confirmed that the country’s Petroleum Law has been ratified by His Excellency, President Mohamed Abdullahi Farmajo. The Presidential Ratification is a landmark mom...
Prospect of Offshore Oil Offers Mixed Blessing for Somalia
11/7/2016 - Somalia looks more likely to strike oil than gas in its long pursuit of offshore riches, making it easier for the African state to exploit any windfall but also potentially upsetting the fragile recov...
Sterling Secures 2 Year Odewayne PSA Extension
8/5/2016 - Sterling Energy plc, the AIM listed oil and gas exploration company, is pleased to announce that the Government of the Republic of Somaliland has granted a further 2 year extension to the current peri...
Somalia's Government Investigating Soma Oil Charges
9/8/2015 - The Somali government is investigating allegations related to British exploration firm Soma Oil and Gas, which has been searching for oil in Somalia, the foreign minister said. ...
UK Probe of Soma Focuses on Payments to Somali Officials
8/9/2015 - Searching for oil off the coast of one of the world’s most dangerous and corrupt countries was always going to be difficult for Soma Oil and Gas Ltd. Now its work in Somalia is being scrutinized by th...
Soma Oil & Gas to Co-Sponsor Somalia Oil, Gas & Mining Summit
4/21/2015 - Soma Oil & Gas Exploration Limited, the Somalia-focused oil and gas exploration company, will be co-sponsoring the Somalia Oil, Gas & Mining Summit. Other confirmed sponsors include: Schlumberger, Sal...
Horn Petroleum Updates Activities in Puntland, Somalia
2/12/2015 - Horn Petroleum Corporation (Horn) provides the following update on its activities in its Dharoor and Nugaal PSC areas in Puntland, Somalia. ...
Somalia Invites Energy Companies to Explore for Oil
12/8/2014 - The price of oil may have fallen off a cliff recently, but that has not deterred energy giants like Exxon Mobil, Royal Dutch Shell, BP and Chevron from reactivating plans to drill in Somalia. The Horn...
Eni Assesses Hydrocarbon Exploration Potential in Somalia
9/19/2013 - The President of the Federal Republic of Somalia, Sheikh Hassan Mohamud met in Rome The CEO of Eni, Paolo Scaroni, according to a statement. ...
Genel Energy to Explore in Somaliland from 2013
10/30/2012 - Turkish oil and gas company Genel Energy Plc plans to conduct seismic work in northwestern Somalia early next year and drill its first well in the second quarter of 2014 and another well in 2015, comp...
Somalia Favours Firms with Pre-1991 Deals for Exploration
10/2/2012 - Somalia, hoping to share in East Africa's oil and gas boom, has invited back international oil companies that held exploration licences before civil war broke out two decades ago, an adviser to the go...
Red Exercises Option to Participate in Shabeel North Well
5/21/2012 - Red Emperor Resources NL is pleased to announce that it has, today, exercised its option to participate in the drilling of the Shabeel North well, schedule to be spud in the first week of June. As a r...
Al Shabaab Says Extends Reach Into Somalia's Puntland
2/25/2012 - An Islamist militia group in Somalia's semi-autonomous Puntland region has merged with the al Shabaab rebel group, said the insurgents, a union which threatens to destabilize the relatively secure are...
Africa Oil Provides Update on Puntland (Somalia)
1/17/2011 - Africa Oil Corp. is pleased to announce that Africa Oil, together with Range Resource Ltd. and Lion Energy Corp., its joint venture partners, has entered into amending agreements with the Government o...
Range, Africa Oil Entered Into Amending Agreements
12/14/2009 - Range Resources Limited is pleased to announce that Range, Africa Oil Corp. and the Puntland State of Somalia have entered into amending agreements modifying the terms of the existing Production Shari...

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