Genel pursues options beyond Kurdistan
“The business is now determined to add new revenue streams that build a stronger business”, said CEO Paul Weir.
Somaliland
Genel licence illegal and unconstitutional, Somalia states
Genel is planning to drill a well on the SL10B13 block, in which it has a 51% stake and is the operator.
Genel reaches East African farm-out with Taiwan’s CPC
Genel Energy has signed a farm-out deal with OPIC Somaliland Corp. (OSC), backed by Taiwan’s CPC Corp. on a block in Somaliland.
Somalia, Kenya fall out again
Somalia has severed diplomatic ties with Kenya, after the latter deepened ties to Somaliland.
Somalia welcomes state members to SPA
Somalia has announced the appointment of six independent directors to the board of the Somali Petroleum Authority (SPA).
EV Out Loud: OGA tussle, BP in Aberdeen, and tensions in Somaliland
Join the Energy Voice team in the latest podcast episode, in association with Baker Hughes, as the team discusses the biggest news stories this week:
Trafigura takes Somaliland position
Trafigura has delivered a first shipment of low sulphur gasoil to Berbera, in Somaliland.
Sterling eyes opportunistic deals
Given the current state of the oil market, Sterling Energy is becoming more confident in executing a deal with an onshore low-cost operator.
New oil law in Somalia tests uneasy peace
Somalia is taking steps to attract foreign investment to its energy sector but challenges remain, most notably in how the federal government can integrate its policies with those of the state governments.