Exploration

EGAS Awards Exploration Blocks: A Strategic Leap for Egypt's Natural Gas Sector In a significant step towards revitalizing Egypt's natural gas landscape, the Egyptian Natural Gas Holding Company (EGAS) has recently awarded six new exploration blocks to a consortium of international firms. This move not only highlights Egypt's ambition to attract foreign investment but also underscores the country's strategic role in the global energy market. Among the newly available blocks are four…

Petrobras, the state-controlled oil giant of Brazil, is making bold strides in the global arena. Under the leadership of its CEO, Magda Chambriard, the company has set its sights on Africa as its primary growth market beyond Brazilian shores. This strategic pivot is not merely a business maneuver; it is a significant moment in the evolving energy landscape. In a revealing interview with Reuters, Chambriard shared compelling insights about their ambitions, noting that Ivory Coast has granted Petrobras…

Turkey's Ambitious Initiative to Enhance Energy Independence In a move that promises to reshape the energy landscape of the region, Turkey is gearing up to initiate a robust series of oil and natural gas exploration projects in Libya, Iraq, Somalia, and Azerbaijan. This strategic initiative, heralded by Turkish Energy Minister Alparslan Bayraktar, aims to significantly diminish Turkey's reliance on imported energy sources. Announced during a recent event in Istanbul, this plan reflects Turkey’s commitment to…

Turkey Signs Onshore Oil Exploration Deal with Somalia Amid Security Concerns In an era of dynamic international collaborations, yet another compelling chapter unfolds between Turkey and Somalia. On Thursday, the two nations came together to ink a groundbreaking agreement that charts paths into the uncharted territories of onshore oil and gas exploration. This momentous occasion, held in the heart of Ankara, extends seismic survey rights to Turkey’s state-run energy titan across three…

How does Ireland's maternity policy stack up against those in other European nations? In Ireland, mothers are entitled to 26 weeks of fully or partially paid leave, in addition to 16 weeks of unpaid leave. Moreover, each parent has the option to take up to nine weeks of leave that must be utilized before their child turns two. This means a fully employed new mother in Ireland can spend at least the first year at home with her baby. For those fortunate enough to secure a spot, their child then transitions into a crèche.…

In a moment that could redefine Namibia's energy landscape, Gustos Energy has unveiled a substantial oil discovery off the country's coast. This find is not merely a drop in the ocean; rather, it solidifies the Orange Basin as a burgeoning hotspot for hydrocarbon exploration. As reports trickle in from the scene, there's an air of cautious optimism surrounding the implications of this mineral wealth. It's fascinating to witness how exploration efforts, which have unfolded over decades, have finally culminated in such a…

Mogadishu — Off the shimmering Somali coast, where the endless waves whisper secrets of the deep, a game-changing adventure is underway. Somalia, a nation poised at the crossroads of opportunity and challenge, is setting the stage for what could be its grandest economic revival—or its most precarious gamble. Picture this: a Turkish-owned research vessel slicing through the azure waters, its mission as ambitious as it is daring. By April 2025, the Oruc Reis vessel—Turkey’s pride and joy—aims to uncover untapped oil and gas…

Alparslan Bayraktar, Türkiye's Energy Minister, shared his thoughts on the nation’s significant oil and gas exploration ventures in Somalia. He labeled the efforts as transformative and hinted that global corporations might want to jump on board with these ventures moving forward. Recently, the Turkish research vessel, Oruç Reis, made its way to Somalia. It's geared up to conduct in-depth seismic explorations to uncover potential reserves of oil and natural gas. During the vessel's reception at the bustling Port of…

FILE - The Federal Minister of Oil of Somalia, Abdirizak Omar Mohamed (left), and Northeastern State's Minister of State for Presidential Affairs, Abdifitah Mohamed Nur (right), stand amid a bubbling row over oil exploration rights in Northeastern State.Mogadishu (AX) — Northeastern State officials have flat-out tossed aside accusations from the Federal Minister of Oil that the area's ruling brass is throwing a wrench in federal oil plans. This kerfuffle has turned up the heat between Northeastern State and Mogadishu,…

NAIROBI, Kenya - Turkey's plunge into oil exploration off the Somali coast has stirred profound schisms in the country. An archaic map dusted off with controversial revisions now intensifies jitters in this fragile region, where internal strife and external pressures persistently choreograph a clunky ballet of development and turmoil. Voicing his concerns, Abdi Farah Juxa, Northeastern State's top honcho for Interior Affairs, carpeted the use of this map during the grand debut of a Turkish research vessel. "After three…