Somalia | Egypt Oil & Gas

Shell, ExxonMobil to Return to Somalia

Royal Dutch Shell and ExxonMobil are considering a return to Somalia after 28 years of suspending exploration and development.

Somalia to Launch Exploration Bid

Somalia will launch its first hydrocarbon licensing round early 2017 targeting offshore blocks. The Minister of Petroleum unveiled details on the plans for a 2017 license round during the Africa Oil Week held in Cap ...

Kenya’s Oil Reserves Threaten by Somali Dispute

Kenya’s fight to hold on to potentially lucrative Indian Ocean oil and gas reserves, threatened by a maritime border spat with Somalia.

Kenya Faces Dry Wells, Maritime Disputes

Tower Resources and Premier Oil issued a notice to withdraw from block 2B located in the Anza basin, northern Kenya

Somalia’s Puntland Awards Contract for 2D Seismic Exploration to ION Geophysical

Somalia’s Puntland Petroleum Minerals Agency (PPMA), recently awarded ION Geophysical a contract to conduct 2D seismic studies off the Somalia coast,

Africa Energy Drops out of Puntland Due to Political Strife

Africa Energy has dropped its exploration acreage in Somalia's breakaway state of Puntland citing uncertainties over the current political climate between regional authorities and the central government in Mogadishu.

Somalia Risks Paying 90% Oil Revenue to Explorer Under Draft Deal

Soma Oil & Gas Holdings Ltd., chaired by former U.K. Conservative Party leader Michael Howard, has proposed a deal with the Somali government that may grant it as much as 90 percent of the country’s prospective oil r ...

Horn Petroleum Corporation: Drilling Operations Update on Shabeel Well in Puntland, Somalia

Horn Petroleum Corporation is pleased to update the market on the drilling operations on the Shabeel well in Puntland, Somalia. Horn is the Operator and holds a 60% working interest in the Dharoor and Nugaal Valley P ...

Somalia: Range Resources provides drilling update on Puntland well Shabeel-1

Range Resources has announced that the Shabeel-1 well continues drilling ahead on the Dharoor Block in Puntland, Somalia and is currently at a depth of 2,002 meters.

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