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Exploration

New Oil Find in Namibia Sparks Renewed Optimism for Exploration

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…

Somalia’s Oil Exploration to Wrap Up by April 2025, Heralding Possible Economic Surge

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…

Somalia’s Energy Minister Calls Oil and Gas Exploration a Transformative Development

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…

Northeastern State Dismisses Somali Federal Government’s Allegations Regarding Oil Exploration Halt

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,…

Tensions Arise in Somalia with Turkey’s Initiation of Oil Exploration

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…

Somalia’s Petroleum Minister Alleges Northeastern State President is Obstructing Oil Exploration Efforts

Mogadishu (AX) — Abdirisaaq Omar Mohamed, Somalia's Minister of Petroleum and Mineral Resources, accused Northeastern State of Somalia President Said Abdullahi Deni of putting roadblocks in the path of oil exploration within Northeastern State. During a media briefing in Mogadishu on Saturday, Minister Mohamed mentioned that President Deni tried to introduce a company of his own choosing for oil exploration, a move spurned by the federal government."President Deni seems keen to politicize the government's oil ambitions,"…

Turkey set to begin oil and natural gas exploration in Somalia

Türkiye is gearing up to kick off oil and natural gas exploration in Somali land areas, thanks to a brand-new agreement inked between Turkish Petroleum and the Somali Petroleum Authority, announced Türkiye's energy and natural resources minister on the delightful day of Friday.Minister Alparslan Bayraktar, speaking at the bustling Port of Mogadishu where the Oruc Reis ship triumphantly docked after a 20-day voyage from Istanbul, revealed that the Turkish Petroleum Corporation and the Somali Petroleum Authority have sealed a…

Turkey and Somalia Ink Onshore Exploration Agreement, Deepening Their Energy Collaboration

CREDIT / SONNA Mogadishu Celebrates Turkish Partnership In a show of camaraderie, Somali President Hassan Sheikh Mohamud, alongside military brass, greets an honor guard in Mogadishu. This ceremony shines a spotlight on Turkey's steadfast partnership with Somalia, particularly with recent strides in defense and energy collaboration. Agreement Spurs Energy Exploration Mogadishu (AX) - In a leap towards bolstering economic partnership, Turkey and Somalia ink a landmark agreement targeting onshore oil and gas pursuits,…

Turkish Energy Minister Announces the Dawn of a New Chapter in Offshore Oil and Gas Exploration

 Türkiye's research vessel Oruç Reis navigates the Bosporus in Istanbul, Türkiye, on October 5, 2024. (AA Photo) Embarking on a new chapter in maritime oil and gas exploration, the Oruç Reis seismic research ship sets sail for Somalia, marking a significant move celebrated by Türkiye's Energy and Natural Resources Minister, Alparslan Bayraktar, on Saturday. Somali officials acknowledge Türkiye's unwavering assistance in enhancing their energy sector.Joining the send-off ceremony alongside President Recep Tayyip Erdoğan,…

Turkish President Erdogan to Participate in Send-off Ceremony for Vessel Commencing Oil and Gas Exploration Near Somalia

Here's a snapshot of Türkiye's seismic research vessel, Oruç Reis, cruising through Türkiye on October 3, 2024. (AA Photo) Mogadishu (AX) – A grand send-off awaits Turkey’s cutting-edge Oruc Reis research ship this Saturday in Istanbul. Alongside Turkish President Recep Tayyip Erdogan, key officials from Somalia will grace the farewell event. The Oruc Reis is embarking on a mission to explore seabeds off Somalia's shores, searching for hidden oil and gas. Somalia's Petroleum Minister, Abdirisak Omar Mohamed, Somali…

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