Bid round planned for 2017


Issue 334 - 10 Nov 2016 | 3 minute read

Somalia plans to launch a licensing round in Q2 2017 offering acreage in the central and southern offshore. Ministry of Petroleum and Mineral Resources permanent secretary Jamal Mursal told Global Pacific & Partners’ Africa Upstream conference in Cape Town on 1 November that Royal Dutch Shell and ExxonMobil intended to resume work on the licences they placed in force majeure in 1990, while BP had relinquished its former onshore acreage.

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