British Petroleum signs exploration agreement with Somalia

British Petroleum has entered an agreement with the Somali government to resume its oil and gas exploration activities, which were abruptly stopped in 1991 after the central government was toppled. Reports¬†indicate that the Somali government has been involved in negotiations Read more ›

Somalia commissions Offshore Oil and Gas Survey

The Somali government has commissioned a study of the nation’s offshore oil and gas reserves by British-owned Soma Oil and Gas. According to a report by Bloomberg, depending on the result of the survey, which commenced mid-February, the Somali government Read more ›