{"id":2778,"date":"2015-04-07T09:10:54","date_gmt":"2015-04-07T09:10:54","guid":{"rendered":"http:\/\/www.oilnewskenya.com\/?p=2778"},"modified":"2015-05-18T19:06:02","modified_gmt":"2015-05-18T19:06:02","slug":"somalia-2d-offshore-seismic-yet-released-4-months-since-expected","status":"publish","type":"post","link":"https:\/\/www.oilnewskenya.com\/index.php\/somalia-2d-offshore-seismic-yet-released-4-months-since-expected\/","title":{"rendered":"Somalia 2D offshore seismic results yet to be released 4 months on"},"content":{"rendered":"

Results from a 2D seismic acquisition programme that commenced on 4th February 2014 by Soma Oil and Gas Exploration Limited through the SeaBird Exploration vessel are yet to be released four months after the data processing completion was expected.<\/p>\n

According to Soma Oil and Gas the 2D seismic data acquisition across a 122,000 sq km offshore evaluation area and 20,500 km lines was completed<\/a> in June 2014 and was expected to take until late last year to complete the processing.<\/p>\n

Under the terms of the Seismic Option Agreement signed by the Ministry of Petroleum & Mineral Resources, Federal Government of Somalia and Soma Oil & Gas the latter was given the right to apply<\/a> for Production Sharing Agreements for an area of up to 60,000 sq km while the ministry would receive the processed seismic data for use by the Ministry and storage in the Ministry\u2019s data room in Mogadishu.<\/p>\n

Somalia which remains a significantly under-explored region despite large recent discoveries elsewhere in East Africa & Madagascar had hoped that following the acquisition of data the country would attract back international explorers to search for oil and gas offshore.<\/p>\n

\u201cThis significant milestone not only demonstrates the Federal Government\u2019s commitment to re-opening Somalia\u2019s oil and gas industry which will see economic and social developments for the country and the people of Somalia, but further confirms that the historic security risks associated with Somalia are continuing to diminish,\u201d Daud Mohamed Omar, Minister of Petroleum & Mineral Resources, said following the completion of seismic acquisition last year.<\/p>\n

In December last year Soma Oil and Gas CEO Robert Sheppard had told the BBC<\/a> that the company was hopeful of successful discovering oil noting that the region\u2019s geology that resembles that of the northwest coast of Madagascar which has already seen discoveries.<\/p>\n

This said it is unclear as to what would have led to the delays and as to what effect this will have on the efforts to attract oil exploration companies as well as reactivating old oil contracts (Exxon Mobil, Royal Dutch Shell, BP and Chevron) as the country tries to tap in on the current moderate stability.<\/p>\n","protected":false},"excerpt":{"rendered":"

Results from a 2D seismic acquisition programme that commenced on 4th February 2014 by Soma Oil and Gas Exploration Limited through the SeaBird Exploration vessel are yet to be released … Read More<\/a><\/p>\n","protected":false},"author":24,"featured_media":2035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11],"tags":[346,443,671,858,1470,1583,2195,2345,2352],"class_list":["post-2778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-top-news","tag-bp","tag-chevron","tag-east-africa","tag-exxon-mobil","tag-madagascar","tag-minister-of-petroleum-mineral-resources","tag-royal-dutch-shell","tag-soma-oil-and-gas","tag-somalia","entry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p5JWkQ-IO","jetpack-related-posts":[{"id":2886,"url":"https:\/\/www.oilnewskenya.com\/index.php\/soma-oil-gas-completes-processing-2d-seismic-data-offshore-somalia\/","url_meta":{"origin":2778,"position":0},"title":"Soma Oil & Gas Completes of the Processing of the 2D Seismic Data offshore Somalia","author":"","date":"May 6, 2015","format":false,"excerpt":"Soma Oil & Gas Exploration Limited has announced it has completed the processing and reprocessing of the acquired 2D seismic data carried out by SeaBird Exploration and concluded in June 2014 with over 20,500 km lines of 2D seismic data having been acquired across a 114,000 sq km offshore evaluation\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1162,"url":"https:\/\/www.oilnewskenya.com\/index.php\/somalia-offshore-2d-seismic-complete\/","url_meta":{"origin":2778,"position":1},"title":"Somalia offshore 2D seismic complete","author":"Samuel Kamau Mbote","date":"June 6, 2014","format":false,"excerpt":"The Federal Government of the Republic of Somalia has announced that Soma Oil & Gas Exploration Limited has completed the offshore seismic acquisition programme across the Offshore Evaluation Area of 122,000 sq km as part of Soma's commitment under the Seismic Option Agreement agreed between the Federal Government and Soma\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/somalia-waters.png?fit=1011%2C243&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/somalia-waters.png?fit=1011%2C243&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/somalia-waters.png?fit=1011%2C243&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/06\/somalia-waters.png?fit=1011%2C243&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":2034,"url":"https:\/\/www.oilnewskenya.com\/index.php\/soma-oil-gas-hopeful-in-somalia-psa-applications\/","url_meta":{"origin":2778,"position":2},"title":"Soma Oil & Gas hopeful in Somalia PSA applications","author":"Samuel Kamau Mbote","date":"November 12, 2014","format":false,"excerpt":"Privately owned UK company pursuing oil and gas exploration opportunities in Somalia Soma Oil and Gas has said it is hopeful that it will be in a position to make production sharing agreement applications once the Ministry of Petroleum & Mineral Resources is getting ready to receive them. Already the\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/11\/offshore-somalia.png?fit=557%2C526&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":1707,"url":"https:\/\/www.oilnewskenya.com\/index.php\/soma-oil-and-gas-set-to-become-a-major-player-offshore-somalia\/","url_meta":{"origin":2778,"position":3},"title":"Soma Oil and Gas set to become a major player offshore Somalia","author":"Samuel Kamau Mbote","date":"September 2, 2014","format":false,"excerpt":"Soma oil and gas that in June concluded a 122,000 sq km 2D seismic acquisition is set to benefit from blocks with an area of up to 60,000 sq km under a seismic option agreement with Ministry of Petroleum & Mineral Resources, Federal Government of Somalia. Under the deal the\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/offshore-drilling-rig11.jpg?fit=800%2C649&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/offshore-drilling-rig11.jpg?fit=800%2C649&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/offshore-drilling-rig11.jpg?fit=800%2C649&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2014\/09\/offshore-drilling-rig11.jpg?fit=800%2C649&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":3452,"url":"https:\/\/www.oilnewskenya.com\/index.php\/spectrum-secures-contract-2d-seismic-offshore-somalia\/","url_meta":{"origin":2778,"position":4},"title":"Spectrum Secures Contract for 2D Seismic Offshore Somalia","author":"","date":"September 7, 2015","format":false,"excerpt":"Spectrum ASA has announced it has entered into a Multi-client master co-operation agreement with the federal government of Somalia to acquire approximately 28,000 km of long offset 2D seismic data offshore south Somalia during a signing ceremony on September 5th at the SYL Hotel, Mogadishu. The new acquisition has been\u2026","rel":"","context":"In "Top News"","block_context":{"text":"Top News","link":"https:\/\/www.oilnewskenya.com\/index.php\/category\/top-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.oilnewskenya.com\/wp-content\/uploads\/2015\/09\/spectrum.png?fit=400%2C400&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":1125,"url":"https:\/\/www.oilnewskenya.com\/index.php\/somalia-offshore-seismic-results-expected-in-h2\/","url_meta":{"origin":2778,"position":5},"title":"Somalia offshore seismic results expected in H2","author":"Samuel Kamau Mbote","date":"June 2, 2014","format":false,"excerpt":"The marine acquisition for 2D and 3D seismic data in Somalia by Seabird Exploration under contract from Soma Oil and Gas is expected in the coming weeks with the study that started in February expected to take 90-100 days. 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