0 BUSINESS, FINANCE Somalia to auction 7 oil blocks in August Somalia said it will launch its offshore licensing rounds in August, offering seven of its offshore oil blocks as Mogadishu seeks to exploit its vast…
0 BUSINESS, FINANCE Somalia signs agreement with Shell-ExxonMobil ability to further explore any offshore hydrocarbon potential.” The Shell-ExxonMobil joint venture made a $1.7mn payment to Somalia last October as retrospective rent for…
