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Tag archive for ‘oil exploration’
By MGoth On Tuesday, April 23rd, 2013

Somaliland: Africa’s Newest Investment Frontier.

    April 23 2013 Investing in a country which does not technically even exist is becoming an ever more attractive idea for a select group of entrepreneurial investors who have realized Somaliland’s More...

Norwegian block
By MGoth On Tuesday, April 23rd, 2013

Somaliland: DNO International signs Production Sharing Contract in Somaliland

23 Apr 2013 DNO International has entered into a Production Sharing Contract (PSC) covering Block SL18 onshore Somaliland. The President of Somaliland, Ahmed M. Mohamoud Silanyo, and DNO International’s More...

genel billion dollar 1
By MGoth On Monday, April 22nd, 2013

Genel Energy Makes Oil Find in Kurdistan, and invests heavily in Somaliland.

LONDON — Genel Energy, the oil exploration company headed byTony Hayward, the former chief executive of BP, announced Wednesday that it had made a significant oil find in Kurdistan. Genel said its first well More...

somalia next generation
By SomalilandPress On Monday, October 15th, 2012

Who will benefit from Somalia’s oil?

August 2012 saw Somalia’s first parliament since 1991 inaugurate in Mogadishu, bringing the war torn country one step closer to pivotal change. With its newly elected parliament, potential for change has never More...

By Hassan Ali On Friday, May 18th, 2012

Horn Petroleum suspends drilling at Somalia well

MOGADISHU — Horn Petroleum Corp has suspended drilling at its Shabeel well in Somalia’s Puntland and said it will move the drilling rig away from the area before reaching the planned depth of 3800 meters. The More...