WebThe licensing round was initially expected to be launched in early 2024. The agreement was based on the provisional constitution of Somalia which states that allocations of natural resources should be agreed by the federal government and by the federal member states and that land should be used in an “equitable, efficient, productive and sustainable manner”. WebApr 9, 2024 · London — War-torn Somalia launched its first ever licensing round Tuesday, offering seven of its offshore oil blocks, as it seeks to rekindle its quest for oil. Oil minister …
Africa Oil Week - Africa
WebJul 24, 2024 · "he Federal Government of Somalia (FGS) has demarcated 15 blocks to be offered in its controversial offshore licensing round, with technical partner Spectrum Geo … WebDec 20, 2024 · Somalia offers production sharing agreements for upstream petroleum operations. Following years of instability the government has launched its First Offshore … sh wound care
FurtherAfrica on Instagram: "African licensing rounds to take …
Web50% of global upstream licensing rounds this year have been cancelled or delayed. Somalia, one of the world's last truly frontier passive margins, is one of the few countries pressing … WebMay 15, 2024 · The 2024 Somali licensing round features up to 7 blocks that are up for the bidding process which are estimated to be among the most prospective areas for … WebMay 14, 2024 · The 2024 Somali licensing round – launched virtually due to Covid-19 – features up to 7 blocks up for bidding which are estimated to be among the most … the past three years have witnessed