Somalia clears way for offshore round with new petroleum act

New petroleum law creates a Somali National Oil Company and establishes a regulatory body to oversee oil and gas activities

New deal: Somali head of state Mohamed Abdullahi 'Farmajo' Mohamed gives presidential assent to new Petroleum Bill, invites majors to return — New deal: Somali head of state Mohamed Abdullahi 'Farmajo' Mohamed gives presidential assent to new Petroleum Bill, invites majors to returnPhoto: AFP/SCANPIX

Barry Morgan

Paris

Puntland Somali Petroleum Authority Somaliland Mogadishu Somalia

Published 10 February 2020, 14:05Updated 10 February 2020, 14:05