US Player Secures Three Deepwater Blocks in Africa’s Final Offshore Frontier
March 18th, 2024
Via The Energy Year, a report on Liberty Petroleum, an ambitious privately-owned US player, efforts to gain entry into one of Africa’s last undrilled frontier zones by signing three production sharing agreements (PSAs) covering promising blocks offshore Somalia: Liberty Petroleum has signed PSAs for three deepwater exploration blocks off Somalia, Upstream Online reported on Friday. Liberty […]
Read more »Somalia, Turkey Sign Energy Cooperation Deal
March 7th, 2024
Via The East African, a report on growing Turkish/Somalia ties: Turkey signed an oil and natural gas cooperation deal with Somalia on Thursday, the Turkish Energy Ministry said, further strengthening bilateral ties after agreeing a defence deal last month. The Energy Ministry said the energy deal includes exploration, evaluation, development and production of oil in […]
Read more »Unveiling and Navigating the Somalia-Turkey Defense and Economic Pact
February 27th, 2024
Via Modern Diplomacy, a report on the recent signing of the “Framework Agreement for Defense and Economic Cooperation” between Somalia and Turkey, signifying a shift in the relationship between these two countries in terms of defense and economic partnership: The recent signing of the “Framework Agreement for Defense and Economic Cooperation’‘ between Somalia and Turkey […]
Read more »Ethiopia’s Timely Sea Access Deal With Somaliland
January 30th, 2024
Via Geopolitical Futures, commentary on Ethiopia’s sea access deal with Somaliland: Ethiopian Prime Minister Abiy Ahmed’s announcement on Jan. 1 of a memorandum of understanding with Somaliland marked a pivotal moment in his country’s long search for unrestricted access to the sea. The agreement would grant Ethiopia access to 20 kilometers (12 miles) of coastline, […]
Read more »Rare Debt Deal Brings Somalia in From the Cold
December 15th, 2023
Via Bloomberg, a report on Somalia’s debt deal: Somalia is coming in from the cold. On Wednesday, the Horn of Africa nation ended three decades of being locked out of the global financial system when it signed an agreement with multilateral lenders canceling $4.5 billion of debt it couldn’t repay. It’s a testament to the […]
Read more »Acumen, Climate Fund Have $250 Million Solar Plan for Africa’s Poorest Nations
December 5th, 2023
Via Bloomberg, an article on the Hardest-To-Reach Initiative: Hardest-to-Reach Initiative focuses on 16 African nations Countries targeted include Congo, Somalia and Sierra Leone The world’s biggest climate fund is backing Acumen, a US-based company that promotes universal energy access, in establishing a $250 million facility to bring electricity from off-grid solar projects to 72 million […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.