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Showing posts from January 21, 2020

Turkey invited by Somalia to explore for oil in its seas, president Erdogan said

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Turkish President Recep Tayyip Erdogan said on Monday that Somalia had invited Turkey to conduct energy drilling and exploration operations in its seas. “We had a proposal from Somalia. They said that Somalia had oil in its seas. [They said] as in Libya, [we] could do the same [drilling operations] in [Somalia],” Erdogan told journalists on the presidential plane returning from a summit in Berlin  on Sunday, where world powers discussed the situation in Libya. Erdogan said Ankara was intending to honour the invitation. “There would be steps that we will take there. This is something beneficial for us,” he said. According to seismic data processing firm Seismic Geo , there is a high potential for hydrocarbon exploration off Somalia's shores. The country last week passed a new petroleum law to attract foreign investment in the energy sector from giant firms such as ExxonMobil and Shell. Abdirashid Mohamed Ahmed, the Somali minister in charge of petroleum and mi