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  • What if a contractor makes oil & gas discovery in Somalia?
  • If the Contractor makes oil and gas discovery, it should inform the Somali Petroleum Authority and submit a Development Program for exploration to start. The production period would be typically 25 years with the possibility of extension for 10 years. It should also prepare Production Work Program and budget annually
  • Are there hydrocarbon-bearing structures in Somalia?
  • exploration and evidence of exciting hydrocarbon-bearing structures ofshore Somalia.Exploration in Somalia began onshore in 1956 with the drilling of the Saga eh-1 well, followed by a number of wells drilled mostly in the north of the country. These clearly established the presence of a working
  • What happened to petroleum operations in Somalia before 2008?
  • Prior to 2008, petroleum operations were managed by concessions granted by central Government. This status came to an end on 7 August 2008 as a result of the Petroleum Law passed by the Somali interim parliament and signed by His Excellency Abdullahi Yusuf Ahmed, The President of Transitional Federal Government of Somalia.
  • What is the Somali Petroleum Authority (SPA)?
  • The 2020 Petroleum Law established the Somali Petroleum Authority (SPA), a new regulatory for petroleum operations in the country. SPA is entitled to: Somali Petroleum Authority (SPA) was established in 2020 in accordance with the Petroleum Law ratified by the country¡¯s President earlier that year.
  • What is the petroleum law in Somalia?
  • The Petroleum Law stated that the Ministry of Petroleum and Mineral Resources became the custodian of petroleum resources in Somalia and any petroleum operations and contracts would be managed under a Production Sharing Contract approach, as is common in many parts of the world.
  • Will there be a force majeure in Somalia?
  • Starting from 15th of February when Ministry of Petroleum signed Coastline PSA, no more force majeure is in place. Somalia is going to benefit offshore blocks when PSAs Agreement with Coastline is in place and exploration and development Starting. In 2019, Shell and Exxon agreed to resume petroleum exploration in Somalia.