WebJul 7, 2024 · Keen to change this fact, the government ratified a new Petroleum Law in February, revoking the one passed in 2008. The law established the Somali National Oil Company, which will participate in petroleum operations, as well as the Somali Petroleum Authority, which will act as a regulatory body overseeing oil and gas activity. WebAgreement (RSA) and the establishment of the regulatory institutions, such as the Somali Petroleum Authority (SPA); these in turn concern the relative power of central vis-à-vis …

Somalia Offshore Blocks Award To U.S. Firm Illegal Rigzone

WebMar 27, 2024 · Wednesday May 4, 2024. By Abdulkadir Mohamed, Chairman of the Somali Petroleum Authority. Somalia has a tough legacy. Two decades of civil war and ongoing … Web“Somali Petroleum Authority” (SPA) Means the authority to be established pursuant to the Law. Until the SPA is established, the Petroleum Regulatory Affairs department of the Ministry shall exercise the functions and powers of the SPA, and the other provisions of these Regulations shall be read accordingly. pink credit payment

How the Somali Petroleum Law Facilitates Corruption

WebOct 21, 2024 · Federal Government of Somalia approves Coastline’s Production Sharing Agreements President of Somalia supports Coastline’s Production Sharing Agreements … WebThe Ministry of Petroleum and Mineral Resources strongly condemns Genel Energy’s illegal activities in Somalia December 28, 2024 Agaasimaha Guud oo ka qayb-galay … WebOct 24, 2024 · After several agreements between the U.S.-based Coastline Exploration and the Somali Ministry of Petroleum and Minerals for oil and gas exploration off Somalia … pink credit number