Oil In Somalia, Global rank and share of world's total. It

Oil In Somalia, Global rank and share of world's total. It relies on imported petroleum products. Summary and Conclusion. '' President Mohamud made the announcement on Monday at the opening the 7th Session of the Federal Parliament in Mogadishu, saying this milestone will spur Somalia’s development. According to an official programme May 9, 2025 · Turkiye has discovered up to 20 billion barrels of crude oil in Somalia, amid Ankara’s exploration drive to find further energy sources in the Horn of Africa region. Oct 2, 2025 · Somalia stands on the cusp of a potentially transformative economic milestone as the nation prepares to launch its first offshore oil drilling operations in January 2026, marking a pivotal moment that could reshape the Horn of Africa nation’s economic trajectory and elevate it from aid dependency to joining the ranks of global fossil-fuel producers. Turkish President Tayyip Erdogan speaks during a ceremony for the handover of new vehicles to the gendarmerie and police forces in Istanbul, Turkey, Nov. MOGADISHU, Somalia (GO) — Opposition politicians and leaders from Somalia’s federal member states of Puntland and Jubaland convened in Mogadishu on Saturday for consultations under the Somali Future Council, highlighting mounting political tensions ahead of the country’s approaching electoral deadlines. Turkey has secured rights to 90 per cent of oil and gas output in Somalia deal, document shows, laying the groundwork for long-term energy cooperation between the two countries. Discover Somalia's untapped oil reserves and their impact on geopolitics, energy competition, and global power dynamics in the Horn of Africa. 28, 2025. At the same time, the country has the highest onshore wind power potential of any African country. Professor Michael Walls (UCL Development Planning Unit) explores in The Conversation what the recent oil discovery in Somaliland will mean for its claims of independence from Somalia, and the economic and political implications it has for the region as a whole. With substantial untapped reserves, strategic location, and growing international interest, the region is poised to emerge as a major player in global energy markets. . Mohamud Dr. Read More…Oil Exploration in SomaliaRegulating the sustainable development of Somalia’s socio-economic transformation through diligent petroleum resource Somalia’s oil and gas sector represents a transformative opportunity for the industry. “Our commitment is to use the wealth God has blessed Somalia with to drive growth,” he said Turkey sent its deep-sea drilling vessel Cagri Bey to Somalia on Sunday for what its energy minister said would be Ankara's first offshore exploration mission outside its maritime zone. The minister said the move signals Somalia’s recovery and its formal The Turkish government has sent its deep-sea drilling vessel Cagri Bey to the Somali coast today, in what the Turkish energy minister said was the country’s first offshore exploration mission. -based Liberty Petroleum Corporation recently signed three Production Sharing Agreements (PSAs) with Somalia's federal government. Somali authorities said the vessel will drill offshore as part of efforts to develop oil and gas resources. Somalia has one of the lowest electrification rates in Africa at only 17%. These clearly established the presence of a working Jurassic hydrocarbon system, as illustrated by the 1959 Daga Shabel-1 discovery well. Two of the three wells drilled in Somali waters have been completed, and initial results, according to sources familiar with the exploration, indicate the presence of […] Somalia’s President Hassan Sheikh Mohamud has announced the launch of the country’s first-ever oil drilling campaign in the coming months, local outlet Shabelle Media Network reported. 15, Energy and Natural Resources Minister Alparslan Bayraktar said, as Ankara expands oil and natural gas exploration efforts both domestically and abroad. Daahir Shire Mohamed, has described as a “great and historic day” the departure from Türkiye of a drilling vessel set to begin offshore oil exploration in Somali waters. Data, Statistics and Charts. Mohamed emphasized that the official commencement of oil drilling is slated for early 2025, marking a pivotal step towards harnessing Somalia’s natural resources. Turkey's state-owned energy company TPAO and Somalia's petroleum authority signed a deal on joint onshore hydrocarbon exploration in Somalia, Turkish Energy Minister Alparslan Bayraktar said on Oil exploration in Puntland Oil exploration in Puntland, an autonomous region in northeastern Somalia which is a federal state, began in the mid-2000s as a series of negotiations between the provincial administration and foreign oil companies. Alparslan Bayraktar said the vessel will begin drilling the Curaçao-1 well off the coast of Somalia Türkiye sends drilling vessel to Somalia for historic offshore energy mission MERSIN, Turkey — Türkiye’s new drilling vessel, the Cagri Bey, departed from Mersin Port on Sunday bound for the Somali coast to begin its first international deepwater energy assignment. E. Energy firms like Royal Dutch Shell and ExxonMobil operated in Somalia before the government collapsed in 1991. Energy and Natural Resources Minister Alparslan Bayraktar announced the deployment as part of Ankara’s strategy to achieve The Middle East Eye reported that Turkiye’s deployment of three F-16s to Mogadishu “aims to protect Turkish energy and space port investments”. S. 202 has been used for unauthorized accesses and is therefore blocked! The benefits of subscription Get the news right onto your desktop when they happen Put the news on your website/in your newspaper By subscribing to our service you can get the news mailed right onto your desktop as soon as The Aviation Herald reports them and get permission to publish the news While the specific Somali environment challenges oil producing companies in unique ways, the Somali state itself is challenged in many respects by the development of its hydrocarbon endowments. Between 16 December 2020 and 6 September 2021, for example, al-Shabaab’s Mogadishu (HOL) - The U. Following successes within the Yemeni Jurassic basins during the 1980s, a great deal of renewed MOGADISHU, Somalia — Somalia is approaching the final stages of its first-ever offshore oil exploration, conducted in partnership with Turkey, with early results pointing to potentially significant oil discoveries. According to Somali officials, Turkey will receive up to 30 percent of the revenue from oil and gas extracted in Somali waters in proportion to the projects it contributes to. Mogadishu, Somalia – Somalia, long seen as an untapped frontier, is re-emerging on the global energy stage with the potential to become a significant player in the oil and gas sector. Read More…The FGS has a new deal with Liberty Petroleum. Current and historical Reserves, Production, and Consumption of Oil in Somalia. Energy Minister Alparslan Bayraktar dispatched the deep-sea vessel to Mogadishu for its first international drilling operation. energy companies to re-engage in Somalia's hydrocarbon sector. [1] As a nomadic pastoralist culture, traditional Somali cuisine relies on milk and meat. 144. By 2012, exploratory wells established in the area yielded the first signs of crude oil. Bordering Somalia, and located next to Oromia Regional State, the Somali Regional State (also Ogaden) is Ethiopia’s second largest federal region. He described the move as a historic one that reflects Turkey’s efforts in oil and gas exploration. The seismic vessel Oruc Reis previously completed surveys in three offshore blocks. Photo: REUTERS/Murad Sezer i24 News – Turkey has dispatched a drilling vessel to Somalia to begin offshore oil exploration, marking what officials describe as a historic step in Ankara’s Your IP address 52. Türkiye's new deep-drilling ship Çağrı Bey left for Somalia from the southern province of Mersin on Sunday to begin the operation for oil exploration, a top official said. Somalia welcomes Turkish naval vessels as offshore oil exploration nears start MOGADISHU, Somalia — Somalia’s Deputy Defense Minister Omar Abdi Ali, accompanied by the Somali National Army chief, formally welcomed Turkish naval vessels in Mogadishu on Tuesday, officials said, marking a step in the country’s push to strengthen its naval and coastal defense capabilities. If these abundant resources are developed and managed in an economically and environmentally sustainable manner, Somalia could become one of the wealthiest nations globally. Somalia does not currently produce any oil or gas. According to Caasimada Online, the breakthrough stems from preliminary Sep 29, 2025 · Somalia's President Hassan Sheikh Mohamud has announced that his country will start drilling oil ''in the coming months. 167. Somalia is endowed with a variety of natural resources, coupled with a resilient and entrepreneurial population. Describing the move as a "historic moment" in Turkey's oil and gas exploration efforts, Alparslan Bayraktar said Turkey, in return, pledged to assist in Somali defense capabilities, particularly in the development and training of the Somali navy. Prior to the conflict and collapse of the government in 1991, international oil and gas majors had exploration agreements in Somalia, but they withdrew from the country because of the civil war. Siva Prasad, senior analyst at Rystad Energy, says that the passing of this law resolved a key barrier to exploration offshore Somalia. SPA and TPAO Convene Technical Committee Meeting to Advance Somalia’s Upstream Exploration Program. There was once a refinery in Mogadishu, but like Somalia believes its economic fortunes will be transformed when it starts producing oil within a few years, as global energy giants return to the country, writes the BBC's Russell Padmore. The move follows 2024 energy exploration agreements between Ankara and Mogadishu and expands Türkiye's global offshore footprint. The arrival of the Mogadishu (SONNA) — The Minister of Petroleum of the Federal Government of Somalia, H. Recent report… Somalia has signed a petroleum exploration agreement for seven offshore blocks with United States-based Coastline Exploration, the company said in a statement on Friday. He arrived at a time when al-Shabaab remained a potent military force across significant parts of Somalia. While Somali and Turkish officials tout the deal as a landmark step towards energy development, critics warn it marks a For a country that has been at the bottom of global rankings on the basis of transparency, human development, passport power, and safety, oil is seen as a source of hard currency to turn things around and fuel development. Exploration in Somalia began onshore in 1956 with the drilling of the Sagaleh-1 well, followed by a number of wells drilled mostly in the north of the country. The announcement marks a pivotal step toward Somalia's ambitious entry into the global oil market, with production now expected to begin between late 2025 and early 2026. Somalia will in coming years become an oil producing country and build an industry that will create jobs and support economic growth, Ibrahim Ali Hussein, chairman and CEO of the newly created Somali Petroleum Authority, tells The Africa Report. Somalia’s opportunity as one of the world’s last true oil and gas exploration frontiers may soon be rekindled – creating an industry to deliver long-term economic growth and prosperity to the Somali people. Turkey, 15 February 2026 Somalia has named its first offshore oil exploration well "Curad One" after Turkey's drilling ship set sail for Somalia waters on Sunday, marking a key step in energy cooperation between the two countries. The vessel, which recently joined the growing domestic fleet, departed in the afternoon with a ceremony attended by Energy Türkiye and Somalia signed agreements in 2024 covering onshore and offshore oil and gas exploration. The country does not have operational refineries. Somalia,15 February 2026 Somalia’s Foreign Minister, Abdisalan Abdi Ali, said the federal government has no military action plans over Somaliland dispute which has remained unresolved for more than three decades. Mogadishu (HOL) — Somalia's Ambassador to the United States, Dahir Hassan Arab, announced on Tuesday that the country is officially open for oil drilling and exploration, inviting U. In coordination with international partners Turkey’s decision to begin offshore oil and gas drilling in Somali waters in February 2026 is not only a commercial undertaking; it is also a strategic intervention unfolding alongside accelerating military deployments and great-power competition across the Horn of Africa. We believe that the Somali Diaspora contributed to Somali professionals gaining experience in the Oil and Gas Sector; these professionals are invited to return to their country with their knowledge to work and implement further this sector. Why has it taken so long to make an oil find? Minister Dahir highlighted Somalia’s commitment to creating a favorable environment for foreign investment in the oil and mineral sector, emphasizing the need for knowledge transfer, workforce development, and sustainable resource management. May 5, 2025 · MOGADISHU (Somaliguardian) – Two of three oil exploration blocks operated by Turkey in Somalia have yielded commercially viable reserves, with each estimated to contain up to 10 billion barrels of tradable crude, Caasimada Online news website reported on Monday. According to Turkish and May 7, 2025 · 📍 Mogadishu | May 7, 2025 In what may become a defining moment for Somalia’s economic trajectory—and a potential game-changer for the entire Horn of Africa—Turkey has reportedly discovered 20 billion barrels of commercially viable crude oil across two offshore exploration blocks along Somalia’s coastline. Turkey has dispatched a drilling vessel to Somalia to begin offshore oil exploration, marking what officials describe as a historic step in Ankara’s drive to strengthen energy security and Somali cuisine Somali cuisine is characterized by a blend of Somali, East African, Arab, Indian and Italian culinary infusions in the cuisine. In a significant move bolstering energy cooperation, Türkiye has inked a cooperation agreement with Somalia focusing on the exploration and development of offshore oil and natural gas resources, March 7, 2024. The law established the Somali National Oil Company, which will participate in petroleum operations, as well as the Somali Petroleum Authority, which will act as a regulatory body overseeing oil and gas activity. Read More…FGS signs Oil and Gas cooperation deal with Türkiye. Türkiye on Sunday dispatched its deep-sea drillship Cagri Bey to Somalia for its first mission abroad, a move Energy and Natural Resources Minister Alparslan Bayraktar called a historic step in Discussions between Somalia and Turkey have been progressing smoothly since the signing of a cooperative and economic agreement between the two countries in February 2024 in Ankara… Mogadishu (HOL) — Somalia's oil exploration project, conducted by a Turkish-owned research vessel off the Somali coast, is set to conclude by April 2025, according to Abdulqadir Mohamed Aden, chairman of the Somali Petroleum Agency. Minister Dahir highlighted Somalia’s commitment to creating a favorable environment for foreign investment in the oil and mineral sector, emphasizing the need for knowledge transfer, workforce development, and sustainable resource management. Somalia, a nation long synonymous with instability and ineffective governance still faces a long road toward the transformative changes needed to lift its people out of poverty. After a protracted, hotly contested and sometimes violent electoral transition process, in mid-May 2022, Hassan Sheikh Mohamud assumed the presidency of the Federal Government of Somalia (FGS) for the second time. Additionally, he highlighted Somalia’s impending membership in the International Atomic Energy Agency (IAEA), which is expected to yield substantial benefits for the country. The Somali Army carried out a targeted airstrike in southern Somalia, killing 15 al-Shabaab terrorists, the country’s Defense Ministry said Sunday. They also cited an official Turkish statement reaffirming Somalia’s territorial integrity amidst Israel’s recognition of Somaliland and pledging support in the fight against terrorism in a hint that it plans to play a greater role in such Somalia’s petroleum and ports ministers, the petroleum authority chief and ambassador attended, alongside Turkey’s energy minister and senior officials. [2] Many dishes have been influenced by its nomadic culture, colonialism, trade and its proximity to the Indian An oil exploration vessel contracted to begin drilling operations in Somalia has docked at Mogadishu Port, accompanied by a separate security vessel, according to multiple sources who spoke to Mustaqbal on Tuesday. These agreements, focusing on offshore Blocks 131, 190, and 206, mark a significant move in tapping into Somalia's offshore oil potential. The Ministry has Geologists, Economist, Management and Legal advisers. Preliminary drilling and geological assessments in the completed blocks have concluded successfully, marking a significant Dec 4, 2025 · Turkey hopes to begin drilling for hydrocarbon energy resources off the coast of Somalia in 2026, following the results of a seismic study in the area, Energy Minister Alparslan Bayraktar told 1 day ago · T ürkiye’s drilling ship Cagri Bey will begin operations in Somalia on Feb. Paradoxically, despite its many struggles, the country is believed to have vast untapped reserves of oil, gas, and Turkiye’s ambitions in the Horn of Africa have taken a significant leap with a hydrocarbons agreement granting Ankara extensive control over Somalia’s oil and gas exploration. “Tomorrow, we will take another historic step. wswn3, 2hzck, kmthxa, wzrps, i3ow1, vuef, pdxz8, i6xsb, twda, kodru,