WebJan 10, 2024 · Somaliland is mostly a desert with livestock being the main economic activity. The statement added that UK firm Genel Energy would start further oil exploration … WebCommodity futures news: Somaliland's Oil Find Could Reset The Regional Balance: Here's How, updated 2024-04-13 04:57:16. ... Genel Energy, the UK oil exploration firm on whose concession this discovery occurred, has held rights to explore in Somaliland since 2012.
Somaliland Defends Right to Grant Oil Permits Amid Genel Row
WebGenel Energy PLC produces oil and gas primarily in the Kurdistan region of Iraq. The Company has two reportable business segments: Production and Pre-production. Capital allocation decisions for ... WebDec 20, 2024 · Genel Energy PLC (LSE:GENL, OTC:GEGYY) has signed a farm-out agreement with a Taiwan state backed vehicle, OPIC Somaliland Corporation (OSC), to team up in the … henry\u0027s mynämäki
CPC expects to start oil exploration in Somaliland as early as 2024
WebDec 20, 2024 · (Alliance News) - Genel Energy PLC on Monday announced the signing of a farm-out agreement with OPIC Somaliland Corp, for the SL10B13 block, onshore … WebDec 29, 2024 · Somalia recently rejected a bid for oil permits by Genel Energy. The company reportedly attempted to illegally acquire the rights to explore and produce oil in the … WebJan 1, 2024 · Somaliland defended its right to award oil exploration licenses, after Somalia’s government declared Genel Energy Plc’s operations there illegal. Somaliland unilaterally declared independence in 19… henry\\u0027s mynämäki