Somalia’s President Hassan Sheikh Mohamud has defended Mogadishu’s deal with Türkiye on oil and gas exploration, which has ...

Somalia's ambitious offshore oil and gas exploration project--its first formal effort in decades to unlock its untapped hydrocarbon potential--has reached a critical milestone.

Turkiye’s ambitions in the Horn of Africa have taken a significant leap with a hydrocarbons agreement granting Ankara extensive control over Somalia’s oil and gas exploration. While Somali and Turkish ...

MOGADISHU, Somalia — Turkey will receive up to 90% of the revenue from oil and gas extracted from Somalia’s territorial waters under a recently disclosed agreement, sparking debate over its fairness, ...

Somalia is believed to have deposits of oil and gas, but since the civil war broke out in 90s, the potential has not been exploited fully. But in recent months, Turkey has signed various agreements ...

TPAO started gas production from a field in its own section of the Black Sea in 2023, and is currently conducting surveys off the coast of Somalia. Exploration deals have no guarantee that they will ...

Turkey's daily natural gas production at its flagship Sakarya field in the Black Sea has reached around 9.5 million cubic metres, Energy Minister Alparslan Bayraktar said, as the country ramps up its ...