Browsing Tag

Firms

Ahmed Karash Cautions Global Oil Firms Against Unapproved Holhol Exploration

"We want to unequivocally tell international firms: save your time when it comes to the Holhol oil field or any other resources in this area. No one holds the legitimate authority to seal such deals unless they follow the proper legal channels and gain mutual approval," Karash emphasized. Recently, the Federal Government of Somalia inked an oil exploration deal with Turkey. Turkey plans to send a ship to the Somali coastline in October to start evaluating offshore oil reserves. Though Holhol is tucked away inland and not a…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More