Horn of Africa ravaged by worst drought in four decades
When the last of his 250 goats died, pastoralist Abdullahi Abdi Wali knew it was time to flee what he calls the “worst drought” in his 99 years of life. Continue Reading
Somalia Prepares for First Bid Round of Oil Fields
Somalia is preparing for a bid round covering seven blocks in its offshore with the official opening due on August 4. The closing date is March 12, 2021, Somali Minister Continue Reading
Somalia Invites Turkey To Explore For Offshore Oil
Somalia has invited Turkey to carry out offshore oil exploration works in the territorial waters of the African country, Turkish President Recep Tayyip Erdogan said on Monday, as reported by Continue Reading
From Pirates To Producers: Somalia’s First Ever Oil Auction
Somalia is preparing for the launch of its first-ever crude oil licensing round, with details about it to be announced in December, the country’s oil minister told media. “We are Continue Reading
Shell, Exxon Mobil eye re-entry into Somalia’s upstream sector
Royal Dutch Shell ( RDSa.L ) and Exxon Mobil ( XOM.N ) are looking to re-enter the market in Somalia ahead of an oil block bid round taking place later Continue Reading
Somalia: Defiant Somalia Puts Contested Oil Block Territory Up for Auction
The diplomatic spat between Kenya and Somalia was poised to take a turn for the worse after leaked Somalia government documents showed that Mogadishu had put on auction offshore oil Continue Reading
Somalia: Dispute Over Oil Deposits Raises Somalia-Kenya Tension
The Somali government says it’s not ready to take any action that could threaten its relationship with its neighbor Kenya. The announcement comes amidst simmering tensions over potential offshore oil Continue Reading
Somalia: Norway’s Oil Agenda in Somalia
Despite a national image of support to peace and development worldwide, a central agenda of Norway in Somalia for over a decade has entailed methodical maneuvering to control petroleum resources. Continue Reading
Kenya Reaffirms Commitment to Peaceful Resolution of Row With Somalia
The Kenyan government has warned that it will not cede an inch of its soil in the disputed maritime border with Somalia even as it affirmed that it is committed Continue Reading
Kenya Recalls Envoy After Oil, Gas Blocks ‘Grabbed’
Kenya has recalled its ambassador to Somalia Lt. Gen. Lucas Tumbo after it emerged that oil and gas blocks in disputed territorial areas were auctioned to the United Kingdom. According Continue Reading
Kenya: Spectrum Geo Denies Collecting Data on Disputed Oil Blocks in Indian Ocean
The Norwegian consultancy firm that gathered data on Mogadishu’s oil stock in the Indian Ocean says it only worked on blocks in Somali territory. The information gathered by Spectrum Geo Continue Reading
Somalia Inches Closer to Reaping Petrol Dollars
Somalia is set to inch close to oil exploration with the unveiling of the block delineation and legal and regulatory framework to guide the sector on Thursday. The move is Continue Reading
Climate change in Somaliland — ‘you can touch it’
It is often said that climate change will hurt the world’s poorest people first. Nowhere is that potentially truer than in Somaliland , an unrecognised state in the Horn of Continue Reading
Somali Petroleum Minister Sees Start of Oil, Gas Output by 2020
(Bloomberg) — Somalia may start producing oil and gas by 2020 after exploration work showed the potential for “huge” deposits of the resources in the Horn of Africa country, outgoing Petroleum Minister Da’ud Mohamed Omar said. “We expect that Somalia will produce oil and gas in 2020 and the nation will reap enormous benefits such as alleviating the poverty and leading the country into prosperity,” Omar told reporters Wednesday in the capital, Mogadishu. He didn’t identify which oil companies are carrying out exploration work in the country. Somalia is considering its first bidding round for oil blocks since 2009 as increasing stability begins to attract more foreign investors. African Union-backed government forces have regained control of about 70 percent of the country that had fallen under the control of al-Shabaab, the al-Qaeda-linked militant group seeking to create an Islamic state in Somalia. The government is in talks with companies […]
Pirate attacks dropped 40 percent since 2011 peak
The seafaring association says that pirate attacks at sea have dropped 40 percent since their peak in 2011 thanks to a huge drop in attacks off Somalia. The International Maritime Bureau says that there were only seven attacks and attempted attacks off Somalia last year, down from 49 in 2012 and 160 in 2011, the epidemic’s peak. The Somalia piracy problem was cracked after armed guards were placed on ships and because of an increase in patrols by international naval forces. The maritime bureau said more than 300 people were taken hostage at sea last year. Indonesia saw the most pirate attacks last year with 106. Nigeria was second with 31. © 2014 The Associated Press . All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use . Latest News Latest Winter […]