20t oil refining plant in somalia

                                               
                                               
                                               
                                               
                                               
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  • What's happening in Somalia's offshore oil potential?
  • These agreements, focusing on offshore Blocks 131, 190, and 206, mark a significant move in tapping into Somalia's offshore oil potential. The signing event was notable for the presence of key figures, such as Somalia's Minister of Petroleum and Mineral Resources, Abdirizak Omar Mohamed.
  • Is Liberty Petroleum tapped into Somalia's offshore oil potential?
  • Monday March 11, 2024 Mogadishu (HOL) - The U.S.-based Liberty Petroleum Corporation recently signed three Production Sharing Agreements (PSAs) with Somalia's federal government. These agreements, focusing on offshore Blocks 131, 190, and 206, mark a significant move in tapping into Somalia's offshore oil potential.
  • When will Somalia launch its first offshore oil & gas licensing round?
  • In May, Somalia¡¯s Ministry of Petroleum and Mineral Resources launched its first offshore licensing round, featuring up to seven blocks that can be bid for between August 2020 and March 2021. Angola West Hub Project Panorama - Oil and Gas Upstream Analysis Re... MENA Oil and Gas 2022 - The outlook for oil, gas and petrochemicals...
  • Which oil companies are exploring in Somalia?
  • International oil companies including Chevron, Eni, ExxonMobil and Shell began exploring in Somalia in the 1950s but bolted when the country erupted in civil war in 1991. Today, though, Houston-based Coastline Exploration is leading a renewed charge, having acquired seven offshore blocks from Somalia's federal government in 2022.
  • Will Somalia attract foreign investment to develop oil & gas?
  • Now, however, after several years of relative peace, the government is making a bid to attract foreign investment to develop the country¡¯s oil and gas riches. In May, Somalia¡¯s Ministry of Petroleum and Mineral Resources launched its first offshore licensing round, featuring up to seven blocks that can be bid for between August 2020 and March 2021.
  • Will Somalia start oil production by year-end?
  • Minister Abdirizak Omar Mohamed has stated Somalia's intent to commence in-country oil production by year-end, with drilling operations planned in Galmudug, Southwest, and Jubaland states. Mogadishu (HOL) - The U.S.-based Liberty Petroleum Corporation recently signed three Production Sharing Agreements (PSAs) with Somalia's federal government.