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Tag archive for ‘Oil’
By Qalinle Hussein On Sunday, June 22nd, 2014

Somalia’s Shell-ExxonMobil Deal Likely To Destabilize The Region – Institute

ADDIS ABABA — Recent oil talks between Somalia’s weak federal government and the Anglo-Dutch company, Royal Dutch Shell plc, has raised eyebrows in the semi-autonomous state of Puntland where more than More...

By SomalilandPress On Tuesday, October 8th, 2013

Somalia’s Federal Government Says Regional Oil Permits Invalid

Somalia’s federal government, seeking to reassert control over the war-ravaged country, said oil exploration licenses issued by regional governments in the Somaliland and Puntland regions of country are invalid. Genel More...

By MGoth On Wednesday, May 1st, 2013

Somaliland: Wacky Races Continue as World Leaders make a Quick Dash Toward’s Somaliland’s Gas

Somaliland should in theory benefit from the oil agreement signed in November 2012 with the energy company Genel Energy however history has proven that oil deals are often only advantageous to high powered statesmen, More...

By MGoth On Sunday, April 7th, 2013

Somaliland: Turkey and Somaliland share common history and oil interests.

In 1548 CE, the port city of Zeila was annexed by the Ottoman Empire. The reason for this was that Zeila is situated in a strategic location on the Red Sea because it is near the Bab el Mandeb strait; More...

By MGoth On Thursday, April 4th, 2013

Somaliland:Genel Clandestine Oil Deals In Somaliland Must Be Publicized

The yet to be recognized de-facto state of Somaliland has been in existence for the last two decades. In the span of this period, Somaliland took great strides in establishing all required institutions including More...

By MGoth On Saturday, March 30th, 2013

Somaliland:Questor share tip: Genel a buy once again

Questor thinks Genel Energy is a buy ahead of a busy year.  Genel Energy 799p-3 Questor says BUY Genel Energy has some very significant oil reserves and some exciting exploration licences but its share price More...

By MGoth On Saturday, March 30th, 2013

Somaliland:Chevron and Exxon Mobil are interested to take over GENEL energy after Somaliland Oil rush.

According to newswires Chevron are negotiating with Genel to go back to Somaliland and to take over GENEL ENERGY here is the agreement that was signed by SIAD barre regime and Chevron almost thirty yers ago “Chevron More...

By MGoth On Thursday, March 28th, 2013

President of Somaliland seeks closer ties with UAE

ABU DHABI // Senior government figures from Somaliland have held three days of talks in the UAE on investments, aid and security. “We have met the leadership of the country and responsible leaders, and had More...

By MGoth On Wednesday, March 27th, 2013

Somaliland aims to show coming of age.

In a macabre twist on Noah’s ark, a crane in the Somaliland port of Berbera is hoisting camels two by two on to a ship taking them to their death across the Gulf of Aden. Just like the awkwardly suspended cargo, More...

By MGoth On Saturday, March 23rd, 2013

Hussein Abdi Dualeh, the oil minister of Somaliland, speaks with the UAE press about Somaliland president visit to Dubai

Until 2010, Hussein Abdi Dualeh worked as a simple project manager in Los Angeles overseeing the use of natural gas as fuel for cars. It was a natural progression given his downstream engineering experience and More...

By MGoth On Friday, March 22nd, 2013

Somaliland: Oil and mineral discoveries bring international recognition.

To attract international investment SDC (Somaliland Development Corporation) was established to   facilitate investments between investors and local host communities through mutually beneficial agreements of More...

By MGoth On Tuesday, March 12th, 2013

Somaliland,Turkey relationship and GENEL OIL connection

Turkey-based, London-listed Genel Energy continues with its aggressive growth with a fuel search license in Somaliland, a self-declared country. This comes after the companys large investments in the Kurdistan Regional More...

By MGoth On Wednesday, March 6th, 2013

Jacka Resources finds promising structures in Somaliland petroleum block

Wednesday, March 06, 2013 by Bevis Yeo Jacka Resources (ASX: JKA) has confirmed the presence of large rift-basin structures, which typically form structural petroleum prospects, within the Odewayne block in Somaliland. These More...

By MGoth On Thursday, January 24th, 2013

Somaliland:UAE Owned Ship Carrying Unwanted Cargo turned Away

Berbera port authority has confirmed  that it has taken a bold decision of  sending the oil tanker with the petroleum products that have been deemed as sub-standard away for not meeting requirements. This comes More...

Turkish Firm to Drill for Oil in Somaliland
By Qalinle Hussein On Tuesday, December 4th, 2012

Energy Juniors Eye Somaliland Oil Potential

Three foreign oil juniors are set to begin exploration in Somaliland by next year, as the rush on East African hydrocarbon largesse extends to the riskiest venues of the Horn. There’s one small problem, though: More...

By Qalinle Hussein On Thursday, November 22nd, 2012

What’s in it for us?

In times of global economic difficulties, it is always good to have companies take interest in ones country. This probably explained the wide smile plastered permanently on the faces of the President of Somaliland, More...

Horn Petroleum Corporation HRN
By Qalinle Hussein On Wednesday, November 21st, 2012

Horn Petroleum Third Quarter 2012 Results

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Nov. 20, 2012) – Horn Petroleum Corporation (TSX VENTURE:HRN) (“Horn” or the “Company”) is pleased to announce its results for More...

Turkish Firm to Drill for Oil in Somaliland
By Qalinle Hussein On Wednesday, November 7th, 2012

Turkish Firm meets Somaliland President over oil deal

A Turkish company says it will explore for oil in the breakaway republic of Somaliland beginning next year. Tony Hayward, the CEO of Genel Energy, met with Somaliland President Ahmed Mohamed Silanyo in Hargeisa More...

By Qalinle Hussein On Wednesday, October 31st, 2012
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Somaliland to drill oil by 2014

The break-away territory of Somaliland sees drilling for oil as possible by 2014 as three companies start exploration activities, the country’s mining and energy minister said on Tuesday. Hussein Abdi Dualeh More...

Somaliland oil
By Qalinle Hussein On Wednesday, October 31st, 2012
1 Comment

Turkish oil firm Genel to explore in Somalia from 2013

Plans to drill 2 wells in Somaliland by 2015 Company is moving forward despite political disputes Genel will spend $400 mln to drill 5 wells in Africa By Kelly Gilblom Turkish oil and gas company Genel Energy More...