Mogadishu (Hornpost) A press release issued by the Ministry of Petroleum and Mineral Resources of the Federal Government of Somalia spoke about the investigation and exploration of oil in the Somali sea by a Turkish company in the last three months, Read the details of the press release
PRESS RELEASE
“The Ministry of Petroleum and Mineral Resources of the Federal Government of Somalia is officially announcing the end of the first phase of oil and mineral exploration in some of the coasts of Somalia, which has confirmed that these resources will be used efficiently, fairly and effectively for the economic growth of the country and the livelihood of the Somali people.
Therefore, while carrying out legal duties and working under the policy of the Government of National Interest, the Ministry of Petroleum and Mineral Resources has entered into joint production agreements with the Turkish Petroleum Company (TPAO) which started oil exploration and exploration in the Somali Sea on October 21. 2024 with an investigation carried out by the Oruçe Reis Seismic Research Vessel.
The investigation and exploration of oil lasted for 234 days as the Turkish Petroleum Company collected a lot of information about the coast of Somalia, oil information that will be studied to find out the fuel and the amount of fuel in the exploration areas.
The Ministry of Petroleum and Mineral Resources XFS is today, June 15, 2025, officially announcing the end of the first phase of oil exploration conducted by the Turkish Petroleum Company (TPAO). The ministry will share with the Somali people the next results collected when the first accurate information comes out.
The Ministry of Petroleum and Mineral Resources XFS is grateful to its counterpart, the Ministry of Energy of Turkey for the cooperation and good cooperation between the two Ministries, which made it easy for the exploration to be carried out during the oil exploration and exploration activities.
The Ministry is grateful to the President of the Federal Republic of Somalia, Dr. Hassan Sheikh Mohamud and the Prime Minister of the Federal Government of Somalia Mr. Hamza Abdi Barre in their leadership role in producing and utilizing the country’s oil resources.
Finally, the Ministry announces to the Somali community that our country is on the path of development with transparency and justice.”
Hornpost staff reporter
Pictures of The President of Somalia inspected the oil exploration off the coast of Somalia by the ship and the company owned by Turkey three days ago.
