Somaliland is a de facto sovereign state but still officially part of Somalia
Genel’s Somaliland drilling may slip to 2024
The UK-headquartered independent’s plans are now for the back end of next year or early the year after
Exploration of the SL10B13 licence in the Somaliland region of Somalia targeted for 2023 is at risk of slipping into the following year, the CEO of London-listed operator Genel Energy warns. “This is frontier exploration in a fairly remote location, and there are a lot of activities to get through before we actually start drilling,” says Paul Weir. “Drilling is scheduled for the end of 2023 or early in 2024.” But any delay is not dimming Genel’s excitement about the block’s potential. “This is a tremendous opportunity, a highly prospective block with multiple prospects and over 5bn bl of prospective resource identified already. “We have agreed on a first well location, which is targeting sta
Also in this section
4 December 2025
Time is running out for Lukoil and Rosneft to divest international assets that will be mostly rendered useless to them when the US sanctions deadline arrives in mid-December
3 December 2025
Aramco’s pursuit of $30b in US gas partnerships marks a strategic pivot. The US gains capital and certainty; Saudi Arabia gains access, flexibility and a new export future
2 December 2025
The interplay between OPEC+, China and the US will define oil markets throughout 2026
1 December 2025
The North African producer’s first bidding round in almost two decades is an important milestone but the recent extension suggests a degree of trepidation
