Horn of Africa Regional Thread

[FAH1223]

any news on the oil exploration? I haven't seen any official reportings

Pipe dreams, no majors have explored yet and reality is low oil price really lowers their risk appetite. Guyana is historically peaceful and has relatively stable government. We can’t even figure out basic property rights let alone determine ownership and governance over natural resources.

Somali Minister of Commerce told me that drilling will start in November

That Turkish deal is similar to Exxon’s in Guyana.

Exxon got 75% cost recovery for their deal. After that, the remaining profits are split 50/50 between the consortium and Guyana (also gets a 2% royalty).

Turks are getting 90% cost recovery. Somalia is getting 5% royalty. After that, Somalia is getting 70% of profits.

 

[thatrapsfan]

Somali Minister of Commerce told me that drilling will start in November

That Turkish deal is similar to Exxon’s in Guyana.

Exxon got 75% cost recovery for their deal. After that, the remaining profits are split 50/50 between the consortium and Guyana (also gets a 2% royalty).

Turks are getting 90% cost recovery. Somalia is getting 5% royalty. After that, Somalia is getting 70% of profits.

Offshore? I need to see it to believe. We have been talking about oil production for two decades now.

 

[thatrapsfan]

Somalia aims to produce first oil in its history by end of year

"Somalia will start producing oil on its territory for the first time in history later this year," said Somali Minister of Petroleum and Mineral Resources Abdirizak Omar Mohamed, Azernews reports, citing TACC.

www.azernews.az

February 2024 they were saying it would start end of year

 

[FAH1223]

Offshore? I need to see it to believe. We have been talking about oil production for two decades now.

Yep offshore. The 3 wells the Turks are working on

Somalia aims to produce first oil in its history by end of year

"Somalia will start producing oil on its territory for the first time in history later this year," said Somali Minister of Petroleum and Mineral Resources Abdirizak Omar Mohamed, Azernews reports, citing TACC.

www.azernews.az

February 2024 they were saying it would start end of year

 

[88m3]

She Survived Genital Cutting, Then Shared Her Reconstruction on TikTok​

Shamsa Sharawe made her name campaigning against female genital cutting. Then she heard about surgery to rebuild what had been taken from her.

https://www.nytimes.com/2025/06/02/world/africa/female-genital-cutting-tik-tok.html

 

[ADevilYouKhow]

ICE officers stuck in Djibouti shipping container with deported migrants — The Washington Post

The ICE officers and deportees are sick and stranded in a metal shipping container in the East African nation of Djibouti. They also face the threat of malaria and rocket attacks.

apple.news

 

[FAH1223]

 

[☑︎#VoteDemocrat]

Gerd: Ethiopia has finished building mega-dam, Abiy Ahmed says

The dam on the Blue Nile has caused major tensions with Egypt and Sudan, and raised fears of war.

www.bbc.com

Egypt says Ethiopia's completed power-generating dam lacks a legally binding agreement

Egypt says that Ethiopia has consistently lacked the political will to reach a binding agreement on its now-complete dam.

apnews.com

Trump says Egypt's Nile water dispute with Ethiopia to be solved 'very quickly' | The National

Trump Calls for Urgent Solution to Nile Dam Crisis: “The Dam Means Life for Egypt” - DNE Africa

Ethiopia’s PM Abiy Ahmed says mega dam GERD on the Nile ‘now complete’

Sudan and Egypt are concerned about its effect on their water supply, but Abiy says the dam will benefit them all.

www.aljazeera.com

 

[ADevilYouKhow]

Thoughts?