LAUNCHING OF SOMALIA’S FIRST OFFSHORE LICENSING ROUND
12 May 2020 Mogadishu, Somalia. 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 – 19, and resulting restrictions,...
Shell/Exxon joint venture agrees on an initial roadmap for exploration and development of offshore Somalia
Shell/Exxon joint venture agrees on an initial roadmap for exploration and development of offshore Somalia 02 March 2020 Mogadishu, Somalia. The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia, today announces it has agreed on an initial...
Memorandum of understanding with Egypt to develop Somalia’s natural resources
12 February 2020 Cairo, Egypt. The Minister of Petroleum and Mineral Resources of the Federal Government of Somalia, His Excellency Abdirashid Mohamed Ahmed signed a Memorandum of Understanding (“MOU”) with his Egyptian counterpart His Excellency Tariq Al Mulla,...
Memorandum of understanding with Sudan to develop Somalia’s natural resources
10 February 2020 Khartoum, Sudan. The Minister of Petroleum and Mineral Resources of the Federal Government of Somalia, His Excellency Abdirashid Mohamed Ahmed, signed a Memorandum of Understanding (“MoU”) with the Sudanese Minister of Energy and Mining H.E Adel...
Landmark Petroleum Law completes legislative process with Presidential Ratification
The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia LANDMARK PETROLEUM LAW COMPLETES LEGISLATIVE PROCESS WITH PRESIDENTIAL RATIFICATION 8 February 2020 Mogadishu, Somalia. The Ministry of Petroleum and Mineral Resources of the...
The Upper House of Somali Parliament has approved the bill of the Petroleum Law
The Upper house of the Federal Parliament of Somalia has passed the Petroleum bill on Monday 6th, 2020. After senate hearing of the bill, 28 voted with 24 senators in favor of the bill and rejected by four....
Upper House approves Third Reading of Petroleum Law
The Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia Upper House approves Third Reading of Petroleum Law 6 January 2020 Mogadishu, Somalia. On 6 January 2020, the Petroleum Law underwent its Third Reading...
Developments in the Legal and Regulatory Framework Petroleum
Petroleum Bill 2017: The bill was endorsed by the Lower House of the Parliament and has been submitted to the Upper House of the Parliament and has passed firs;The Petroleum Environmental Regulations: This Regulation protects the environment, whether onshore or...
Opinion: Could Somalia become the next Texas?
By: His Excellency Abdirashid Mohamed Ahmed, Minister of Petroleum and Mineral Resources of the Federal Republic of Somalia. The story of Somalia is being rewritten, and Texas’s oil boom of the early 20th century is a good marker for the future of the African country....
Somalia’s energy sector poised for take-off – The Minister of Petroleum & Mineral Resources of Somalia
Somalia’s Minister of Petroleum & Mineral Resources says the upcoming offshore 15 block licensing round is a ‘game-changing development’ that will benefit the entire population If you were to ask where one of the world’s most significant hydrocarbon investment...