hydrocarbon

Renewed Energy Alliances: Türkiye and Somalia On April 10, Türkiye and Somalia reached a significant milestone in their partnership during a signing ceremony in Ankara. This agreement marks a transformative expansion of their energy alliance, allowing Türkiye to explore three onshore blocks totaling nearly 16,000 square kilometers. The implications of this deal extend far beyond mere diplomatic gestures; they signify the dawning of a new era for Somalia's energy sector. For decades, Somalia's rich hydrocarbon reserves…

The Turkish seismic ship, Oruç Reis, is set to embark on a mission to Somalia this weekend, as mentioned by Energy and Natural Resources Minister Alparslan Bayraktar. Minister Bayraktar broke the news about this expedition during an assembly held in Ankara on October 2. A recent accord between Türkiye and Somalia allows exploration for hydrocarbons in three specific offshore blocks. According to the agreement concluded in July, Türkiye has obtained the sole rights to explore and produce hydrocarbons in blocs each…

Northeastern State rejects extension of hydrocarbon authorization deadlines MOGADISHU, Somalia - The Northeastern State regional government has categorically rejected an extension of the authorization deadlines for hydrocarbons, which was issued by the Somali Petroleum Authority who is domiciled in Mogadishu. Over the past two years, the quest for control over mineral resources has intensified…