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    Somali government ratifies seismic agreement

    News // October 14, 2013

    On 3 October 2013, the Prime Minister of the Government of the Federal Somali Republic announced the ratification by the government’s Council of Ministers of a seismic option agreement between Soma Oil & Gas and the Ministry of National Resources.   

    Robert Sheppard, CEO of Soma Oil & Gas, said: “We are delighted that the Council of Ministers unanimously ratified the agreement. The ratification moves the company closer to fulfilling our ambition to assist Somalia in developing an active hydrocarbons sector that will attract significant foreign investment to the country.”

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