Mogadishu — Somalia has signed a petroleum exploration agreement for seven offshore blocks with United States-based Coastline Exploration, the company…
Browsing: Somalia
*Encourage investment Mogadishu, Somalia — 2020—IFC, a member of the World Bank Group, has signed its first formal agreements with…
Cape Town — Somalia expects to announce the winners of its first oil and gas licensing round early next year,…
*The Bank’s current portfolio in Somalia totals $298 million, covering operations in agriculture, water and sanitation, transport, social and energy,…
Cape Town — The upper house of Somalia’s parliament on Monday approved a new petroleum law, which aims to provide…
Cape Town — Somalia will announce plans in December for its first ever oil and gas licensing round, its oil…
Mogadishu — Royal Dutch Shell and Exxon Mobil have paid $1.7 million to Somalia to lease offshore blocks for 30…
*As part of its efforts, Somalia is expected to honour most legacy contracts LONDON, United Kingdom — Following the signing…
London — Royal Dutch Shell and ExxonMobil are looking to return to Somalia ahead of an oil block bid round…
01 November 2018, News Wires — South Sudan rebel leader Riek Machar returned to the capital Juba on Wednesday to celebrate…