Browsing Tag

hydrocarbon

Somalia-Turkey Hydrocarbon Partnership Set to Unlock Significant Resources, Says Minister

Somalia and Türkiye's Hydrocarbon Partnership: A New Beginning In a remarkable moment for Somalia's natural resources landscape, the Minister of Petroleum and Mineral Resources, Dahir Shire Mohamed, has expressed deep enthusiasm about the country's budding partnership with Türkiye. This collaboration, heralded as a “timely boost,” aims to unlock Somalia’s significant yet largely untapped natural resources. During the İstanbul Natural Resources Summit: INRES 2025—an esteemed gathering that convened policymakers, industry…

Turkey and Somalia’s Hydrocarbon Partnership: A Catalyst for Progress

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…

Turkish Ship Embarks on Hydrocarbon Exploration Mission in Somalia

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

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…

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