News

The move into oil production is seen as a potential economic game-changer. With Somalia struggling to diversify its economy, ...
Somalia has relied on aid for decades – can it survive without it? - Somalia is struggling with hunger, security and the ...
Turkey is set to dispatch its research vessel, the Oruc Reis, to oil blocks offshore Somalia next month, in a strategic move to diversify its crude supply and strengthen its energy security ...
Somalia and Turkey have announced the signing of a deal to explore for oil and gas that further strengthens cooperation between the two countries, according to officials from both countries.
ANKARA, Turkey — Turkey and Somalia reached an oil and gas cooperation agreement for the Horn of Africa nation in Istanbul on Thursday, the Turkish energy minister said, the latest step in ...
Somalia’s government signed an oil-production sharing agreement with US-based Coastline Exploration Ltd., the latest step toward developing the war-torn nation’s energy industry.
Turkey is set to send navy support to Somali waters after the two countries agreed Ankara will send an exploration vessel off the coast of Somalia to prospect for oil and gas.
ANKARA (Reuters) - Turkey is set to send navy support to Somali waters after the two countries agreed Ankara will send an exploration vessel off the coast of Somalia to prospect for oil and gas.
Somalia’s oil-rich Puntland region will on Thursday hold its first democratic local elections since 1967, a significant turnaround for the semi-autonomous state that’s long been known as a ...