Petroleum Africa
Find us on: 
Wednesday, April 22, 2015
Soma Oil & Gas Exploration Ltd. will be co-sponsoring the Somalia Oil, Gas & Mining Summit. Other confirmed sponsors include Schlumberger, Salama Fikira, Castor Vali, and Argus Media.
Following the exploration successes of the past year and the increasing appetite for international investment in Somalia’s oil and gas sector, the Somalia Oil, Gas & Mining Summit will be taking place on April 27-28 at the Grange Tower Bridge Hotel, London, UK.
Soma signed a Seismic Option Agreement (SOA) in August 2013 to assist the Somali government in the development of its hydrocarbons sector. The company successfully completed a 20,500 km 2D seismic survey offshore Somalia in 2014, with the finalization of the data processing expected to be completed in Q2 2015. To date, the company has invested approximately $40 million on the exploration program, more than double the required spend under the terms of the SOA.
Robert Sheppard, CEO of Soma Oil & Gas, said: “With recent exploration activity triggering the reopening of the country’s hydrocarbons sector, Somalia’s oil and gas industry is poised for transformational growth in the coming years. The Somalia Oil, Gas & Mining Summit represents a unique opportunity for key industry figures to come together to identify exploration opportunities in the highly prospective jurisdiction of the Federal Republic of Somalia. Bringing together key representatives from the Federal Government’s Ministry of Petroleum & Mineral Resources, International Oil Companies, National Oil Companies, independents, oil service companies and wider industry stakeholders, this conference will be an important event for the country and the industry.”
" alt="First LNG Realized at the Greater Tortue Ahmeyim Project">
" alt="United Energy Acquires Western Desert Producer APEX">
" alt="Baker Hughes Announces Major Gas Technology Orders for Venture Global LNG">
" alt="ReconAfrica: Naingopo Results Demonstrate a Working Petroleum System">
" alt="Tullow Highlights 2025 Operational Plans in Ghana">
" alt="TotalEnergies to Supply 1.5 TWh to STMicroelectronics in France Over 15 years">
" alt="Rockhopper Reaches Final Settlement with United on Egypt’s Abu Sennan Concession">
" alt="Oil & Gas Crucial for African Growth: AEC Calls for Industry Support to Defend African Market">
