Country Report

Somalia upstream summary

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27 February 2018

Somalia upstream summary

Report summary

There are no oil or gas discoveries in Somalia. Exploration activity is hindered by above ground risk. A new Petroleum Law (2013) has been drafted, but has yet to be enforced. Until the law is in place, we do not expect any drilling programmes to be announced.Politically, the Federal Government of Somalia does not exert full control over the country. Both the semi-autonomous state of Puntland and the self-declared independent state of Somaliland issue their own exploration licences. Other ...

Table of contents

  • Executive summary
  • Key facts
  • Location maps
  • Key companies
    • Introduction
    • Southern Gulf of Aden Basin
    • Sagaleh Basin
    • Somali-Ogaden-Mandera Lugh Basin
    • Mogadishu-Somali Basin
    • Lamu Embayment Basin
    • Licensing
    • Historic Licensing Activity
    • Drilling
      • Drilling activity
      • Drilling activity
      • Future Drilling Activity
  • Reserves and resources
    • Oil/liquids
    • Gas
    • Introduction
    • Key legislation
    • Regulatory body
    • State oil company
    • State participation
    • International boundaries
    • Licensing
    • Overview
      • Upstream
      • Mid/Downstream
    • Current fiscal terms
    • Production Sharing Contract Terms
    • State equity participation
    • Bonuses, rentals and fees
    • Royalty
    • Domestic Market Obligation (DMO)
    • Cost Recovery
    • Production / Profit Sharing
    • Product Pricing
      • Liquids Pricing
      • Natural Gas Pricing
    • Corporate (or Petroleum) Income Tax
    • Additional Profits Taxes
    • Fiscal/Contractual Ring-Fences
    • Dividend Withholding Tax

Tables and charts

This report includes 15 images and tables including:

  • Key facts: Table 1
  • Location maps: Image 1
  • Net Acreage 2018
  • Map of Petroleum Basins
  • Exploration: Table 1
  • Licence Map (Somalia, Somaliland and Puntland)
  • Exploration: Table 2
  • Fiscal terms: Table 1
  • Fiscal terms: Table 2
  • Fiscal terms: Table 3
  • Fiscal terms: Table 4
  • Fiscal terms: Table 5
  • Fiscal terms: Table 6
  • Fiscal terms: Table 7
  • Exploration Drilling by Basin

What's included

This report contains:

  • Document

    Country Overview

    PDF 10.34 MB

  • Document

    Executive summary

    PDF 687.35 KB

  • Document

    Key facts

    PDF 683.10 KB

  • Document

    Location maps

    PDF 4.69 MB

  • Document

    Key companies

    PDF 701.88 KB

  • Document

    Geology

    PDF 3.48 MB

  • Document

    Exploration

    PDF 3.49 MB

  • Document

    Reserves and resources

    PDF 670.39 KB

  • Document

    Production

    PDF 681.70 KB

  • Document

    Infrastructure

    PDF 680.95 KB

  • Document

    Policy and regulation

    PDF 696.16 KB

  • Document

    Fiscal terms

    PDF 725.33 KB

  • Document

    Country Overview

    XLS 277.00 KB

  • Document

    Country Overview

    ZIP 10.28 MB

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