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In November 2018 , Somalia announced the first dates of licensing round

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Somalia Announce Dates for First License Round

POSTED ONNOVEMBER 8, 2018

Following further progress on the framework planning and legislation for oil and gas exploration offshore Somalia, His Excellency Abdirashid Mohamed Ahmed, The Minister of Petroleum & Mineral Resources today announced further details for the inaugural offshore hydrocarbon licensing round.

A date of 7 February 2019 has been set for an auspicious launch event in Central London when the Ministry of Petroleum and Mineral Resources will unveil the final block delineation, expected to consist of up to 50 blocks covering a total area of over 173,000 km2. During this launch they also plan to reveal the legal & regulatory framework, petroleum laws, local capacity, fiscal terms, round timings and other conditions. This event is also expected to include geological presentations gained through insight provided by Spectrum’s 2D seismic data across the open blocks. The round is set to close on 11 July 2019.

Subsequent roadshows are currently scheduled for Houston and Dubai with further details to follow. These roadshows will be supported by Spectrum.

In preparation for the offshore licensing round, Spectrum has completed acquisition and processing of 20,185 km of 2D long-offset seismic data, following a co-operation agreement with the Federal Government of Somalia. This program complements 20,500 km of existing seismic data that was acquired in 2014.

The survey design, which covers water depths of 30 m to 4,000 m, has allowed for seismic coverage over the shelf, slope and basin floor with dip, strike and recording time intervals suitable for defining a range of leads and prospects. Streamer lengths of 10,050 m have been used to adequately record information at all offsets, further assisting imaging of the underlying syn–rift geometries. Modern processing algorithms were applied to the raw data to achieve optimal imaging of steeply-dipping extensional and compressional features and illumination of subtle amplitude anomalies.

Final PSDM and PSTM products are available now.

Discover more about the license round, the geology of this area and Spectrum’s associated seismic coverage on our unique interactive LICENSE ROUND STORY MAP

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This is the report at the website of the company spectrum geographics or Spectrum Seismic imaging. They clearly said the road shows are for licensing pf the oil blocks.

It will go on until 2109. After the showing licensing behind closed doors will follow. 

If the issue is solely about the road show , why talk about licensing?

You be the judge.

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13 minutes ago, galbeedi said:

The Minister of Petroleum & Mineral Resources today announced further details for the inaugural offshore hydrocarbon licensing round

This is the announcement in November which set the Feb 7 date of licensing.

Unlike what is being said, they also presented the legal framework of the licenses including royalties and other conditions.

If you are showing just an info why add the legal framework of the royalty and other issues.

In my book this is an auction to license for oil blocks. They even said which blocks. case closed.

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15 minutes ago, galbeedi said:

This event is also expected to include geological presentations gained through insight provided by Spectrum’s 2D seismic data across the open blocks.

The presentation of the spectrum  is not the main event, the licensing is.

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It is exactly what it is or planned. The only problem is the legal farm work has been delayed. The draft was submitted to the goloha shacabka  months ago and they still didn’t pass it.  The area they want to  lincese is  far sea, far from the coastline  all the way 200 miles to afford dealing with maamul gobeleedyada. But it may not  attractive to anyone this time. It is right thing to do. Unless Somalis will able to utilize their natural resources they will continue dying the shadows of under trees. Not even figuring out to eat the leaves. The only place in the world people died hunger.

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Somaliya gaas iyo batrool uma baahna aragtidayda dad geel isku dilayna dollar ku heshiin maayaan.

Somaaliya ilaahay wuxuu siiyay barwaaqo dabiici ah oo ay ugu horayso hawada la neefsado

Wuxuu siiyay dhul bikraa iyo xeeb dheer oo kaluun ka buuxo

Wuxuu siiyay xoolo nool oo si fudud u tarma haday helaan dad caqli ku dhaqda.

Waxaan xasuustaa anigoo yar markii dugsi quraanka nalagasoo daayo muqdisho inta u dhaxaysa guriga iyo dugsiga waxaan ka cuni jirnay miro dabiici ah oo ilaahay beeray, cid iska leh ama beertay ma jirin, waxay ugu yeeri jireen "murcood" waa dhanaan iyo macaan isku jira, ilaa iyo hadana dal kale kuma arag.

Wadankoo dhana sidaasuu ahaa miraha laga cuno ilaahay baa noo beeray iyo dabagaale.

NIMCADA HADAADAN ALLE UGU SHUKRIN, WAY SUULAYSAA.

HADAAD KU SHUKRIDANA WAA LAGUU SIYAADIN ( waa sida alle noo sheegay)

Arinta batroolka waxaan ka xasuustaa baaristii laanta buuro ee shabeelada hoose ay shirkadii Chevron ka samaysay nooguna bushaaraysay in gaz dabiici ah ka buuxo  ilaa afgooye.

Sahankii dhulka waa lasoo sameeyay waxaa lagu daray kan badda oo ay hadda sameeyeen, taa macnaheedu waxaa weeyaan dhul nimcadiisu labada wejiba loogu noolaan karo batrool iyo batrool la'aanba.

Soomaalidu aqoonyahankooda iyo culumadoodu waxay ku doodayaan inaysan wali dawlad noqon loona baahan yahay in barwaaqadaan  jiilka aan caqli xumada ku dhali doono meel loo dhigo oo aan laga taaban.

Aduunka dadku ma wada taliyo dad baa loo xil saaraa talada ayagaana looga dambeeyaa.

Siyaad barre waxay ku sheegeen kaligi taliye waxayna ku noolaayeen nolosha afrikaanka ugu qaalisan.

Dawladan federaalkana oo hadda jirtana waxay talada u dhiibteen ku dhawaad 400 oo qof oo loogu tala galay inay dalka u taliyaan, waxayna doodu wali taagan tahay shirkad batroolka baarta laguma aamini karo.

 

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