Awakening an Oil Giant: Somalia's Minister of Petroleum and Mineral Resources Promotes Exploration and Investment at African Energy Week in Cape Town

[Deeq A.]

Somalia’s Minister of Petroleum and Mineral Resources, H.E. Abdirashid Mohamed Ahmed, has confirmed his participation at African Energy Week (AEW) in Cape Town, where he will invite interested companies to enter into negotiations regarding the country’s significant exploration opportunities. Representing the last true frontier market for African exploration, Somalia’s geological positioning, unexplored offshore reserves, and reformed regulatory and fiscal environment have elevated the country as a notable hydrocarbon attraction, which will be promoted at AEW 2021 in Cape Town.

Source: Hiiraan Online