CHEVRON INTERNATIONAL SIGNS OIL EXPLORATION AGREEMENT WITH SOMALIA

31 January 1986

CHEVRON INTERNATIONAL SIGNS CONCESSION AGREEMENT WITH SOMALIA

SAN FRANCISCO, Jan. 31 /PRNewswire/ -- Chevron International Ltd., a wholly owned subsidiary of Chevron Corp., today announced the signing of a concession agreement with the government of the Somali Democratic Republic. The oil exploration agreement covers a three-block area in the Guban area of northern Somalia.

The concession blocks lie along the northwest coast of Somalia, both onshore and offshore extending into the Gulf of Aden. The concession encompasses approximately 40,509 sq. km., or 10,009,744 acres.

Geophysical surveys will be undertaken during the first two years of the concession term, with exploratory drilling to follow.

Source: PR Newswire, 31 January 1986


OIL EXPLORATION AGREEMENT WITH CONOCO

8 July 1986

An oil exploration agreement was signed today between the SDR and Conoco Inc of the USA. The agreement stipulates that 98,700 sq.km. in Nogal, Sool and Togdher regions of Somalia will be subject to exploration.

The Somali Minister for Mineral and Water Resources, Jaalle Ahmad Mahmud Farah, who is also a member of the political committee of the SRSP (Somali Revolutionary Socialist Party) Central Committee, signed on behalf of Somalia and Mr (?Raymond), the company's representative, who will be based in Somalia signed on behalf of his company. The Minister and the representative also discussed how the exploration will be carried out. Present during the occasion were the Deputy Minister of Mineral and Water Resources, Eng Mahmud Shaykh Mursal, and the Permanent Secretary in that Ministry, Jaalle Muhammad Umar (Asad). (Mogadishu in Somali 1115 gmt 17 Jun 86)

Source: The British Broadcasting Corporation, 8 July 1986


AMOCO SOMALIA PETROLEUM CO. SIGNS AGREEMENT WITH THE GOVERNMENT OF SOMALI DEMOCRATIC REPUBLIC FOR ONSHORE PETROLEUM EXPLORATION.

5 May 1987

MOGADISHU, Somalia, May 5 /PRNewswire/ -- Amoco Somalia Petroleum Company has signed a concession agreement with the government of the Somali Democratic Republic for onshore petroleum exploration covering 35,091 square kilometers (8.67 million acres).

The acreage is in Blocks 6, 9, and 12, north and southwest of Mogadishu. Block 6 has 12,347 square kilometers (3.05 million acres), block 9 has 9,515 square kilometers (2.35 million acres), and block 12 has 13,229 square kilometers (3.27 million acres).

The concession agreement includes an initial three-year exploration period with rights of extension for three additional one-year periods, upon satisfaction of certain minimum work and estimated expenditure obligations. The concession agreement provides for aeromagnetic, gravity, seismic and drilling activities. Operations will begin within the next three months.

The minister for mineral and water resources, Ahmed Mohamoud Farah, signed the agreement for the government. Charles H. Moerbe, vice president of Amoco Somalia, signed for Amoco.

Amoco Somalia is a subsidiary of Amoco Production Company, the worldwide exploration and production subsidiary of Amoco Corporation.

Source: PR Newswire 5 May 1987


DUPONT UNIT EXPANDS OIL EXPLORATION IN SOMALIA

19 October 1988

NEW YORK, Oct 18, Reuter - Dupont unit Conoco Inc said it signed a 20 million dollar deal with the Somali government to expand its oil exploration activities in northeastern Somalia.

A spokesman for the company said the agreement, signed October 16, committed Conoco to invest at least 20 million dollars in blocks 33 and 34 in the Northeastern section of Somalia.

According to a report on state-run Radio Mogadishu on Monday, Conoco is committed to exploration in the Bari, Sool and Nugal regions of northeastern Somalia over the next three years.

The broadcast, which was monitored by the British Broadcasting Corporation, BBC, said the agreement was signed in Mogadishu on Sunday and exploration work would begin in three months.

The spokesman for Conoco said the company's exploration plans were in the initial phases of development. Conoco has been prospecting for oil in northern Somalia since 1986.

Another U.S. company, Amoco Corp, and the Italian firm Agip SpA are also exploring for oil in the region.

Source: Reuters Limited , 19 October 1988


PARKER LANDS MAJOR CONTRACT IN SOMALIA

6 September 1989

TULSA, Okla., Sept. 6 /PRNewswire/ -- Parker Drilling Co. (NYSE: PKD) today announced a subsidiary has been awarded a major drilling contract in Somalia.

Conoco Somalia Ltd. has awarded Parker Drilling Co. Eastern Hemisphere Ltd., a long-term contract to drill exploratory wells in the remote Las Anod desert region of the East African nation. As a result of the contract, Parker has re-opened a division office in the capital city of Mogadishu.

"Parker is grateful to again be returning to this important country," said Robert L. Parker Jr., president and chief operating officer. "We are especially pleased to renew our good relationships with the various Somali officials," he added.

Parker's versatile TBA 2000 Rig 195 is being mobilized for the contract. The rig, presently idle in the Sudan, is being trucked to Port Sudan. From there, it will proceed by barge to the northern Somalia port city of Bosaso and then transferred to trucks for the 430-mile, cross-desert trip to Conoco's initial location. From the Kenya port of Mombasa, other Parker camp facilities and equipment are being barged to Bosaso as well.

Wayne Hazelwood, a Parker employee who last worked in Somalia in 1986, has been named operations manager for the project. Spudding is expected to take place Nov. 15.

Parker is a worldwide oil and gas drilling contractor with operations in 15 countries.

Source: PR Newswire, 6 September 1989


International PHILLIPS Signs Exploration Pact with Somalia For 3.5-MILLION ACRES

29 November 1989

Oklahoma City 11/28 -- Phillips Petroleum International Corp. Somalia has signed a concession agreement with the Somali Democratic Republic to explore for oil and gas on a 3.5-million acre onshore block, the company announced today.

Under the terms of the agreement Phillips is granted an initial exploration period of two years. After that time, it has the option to extend the concession for additional periods of one year each. Phillips plans to begin seismic work during the first quarter of 1990. No further details were given.

Phillips holds 100% interest on the acreage. The company now has interests in about 9.6-million acres in Somalia. It's currently working on a wildcat well in Somalia, in association with Conoco. The well is on a separate block. Currently there is no oil or gas production in the country. About 50 wells have been drilled there, a Phillips spokesman said.

Source:  McGraw-Hill, Inc. 29 November 1989


MOBIL, SHELL SET SOMALIA EXPLORATION - 1990

30 August 1990

FAIRFAX, Va., Aug 30, Reuter - Mobil Corp said its Mobil Exploration Somalia Inc affiliate signed a joint venture agreement with Pecten Somalia Co, a Shell Oil Co subsidiary, to explore a block in the Indian Ocean offshore Somali.

The concession area was awarded to Pecten in 1988. As operator, it has already conducted extensive seismic evaluation of the 14.9 million acre block. Pecten's parent is a subsidiary of the Royal Dutch/Shell Group.

Mobil said it and Pecten will equally share the exploration risk and any resulting production. They expect to drill the first wildcat well early next year.

 Source: Reuters Limited , 30 August 1990


Chevron does not plan a return to Somalia soon

Tue Aug 14, 2007

NEW YORK, Aug 14 (Reuters) - Oil company Chevron Corp. has no plans to reenter Somalia in the near future, a company spokesman said on Tuesday.

A draft hydrocarbon law obtained by Reuters would allow oil majors who declared force majeure and quit Somalia 16 years ago to resume their activities there.

Several Western oil majors -- Royal Dutch Shell, BP, ConocoPhillips, Chevron, ENI -- held Somali exploration concessions in the 1980s before leaving in 1991 when warlords toppled dictator Mohamed Siad Barre and the country descended into lawlessness.

Source: Reuters , Tue Aug 14, 2007



Ku Laabo www.SomaliTalk.com