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Somaliland Discusses Oil Exploration Investments With Oil Executives In Texas

Issue 328
Front Page
Index
Headlines

2 Killed And Scores Injured In Hargeysa Demonstrations

Former Presidency Transport Chief Arrested For Confirming First Lady’s Corruption Allegations

France recognizes de facto Somaliland

Somaliland Discusses Oil Exploration Investments With Oil Executives In Texas

Abdillahi Yusuf Approves Controversial Puntland Oil Exploration Project

Ethiopia, Djibouti Move To Cushion Food Crunch

TIME FOR A CEASE FIRE

US raid 'undermines' Somalia talks

Why the resistance to 9-11 truth?

Regional Affairs

Abshir’s Wife Complains of Police Behavior

US missile strike kills reputed al-Qaida leader in Somalia

Pirates Get $1.2 Million Ransom to Release Crew of Spanish Fishing Boat

Editorial
Special Report

International News

Obama Leads in Democratic Caucuses on Guam

'Wash Post' Backs Invasion and 'Endless' Occupation Over Air Strikes

PRESS CONFERENCE BY SECURITY COUNCIL PRESIDENT

FEATURES & COMMENTARY

Somaliland is a Fact, the world narrates

Woman Makes History As 1st Somali Carlton Graduate

Welcome Winds Of Change Across The Dark Continent

Gray Areas

FOCUSSED LEADERSHIP CAN BE A GOOD THING FOR AN AFRICAN COUNTRY

Reuters reporter 'doubted' sex dungeon case

The end of proxy war in Somalia?

Food for thought

Opinions

A Message to Somaliland Police and Armed Forces

A Somali Tragedy

A word of advice to Somaliland leadership and Its other leading entities

In Defense of president Riyale

Letter to the editor

The Arrest Of Abshir Hassan Is Based On Revenge

EU Projects: What dreams do you have to set up projects/businesses in Africa?


DALLAS, Texas, 26 April 2008 - Somaliland Minister of Water and Mineral Resources, Qassim Sh. Yussuf Ibrahim, left here today after several days visit to San Antonio, Texas, aimed at attracting foreign investors for Somaliland’s potential oil explorations, and other untapped mineral resources, on the sidelines of an international petroleum convention.

The visit comes on the heels of the ministry's announcement on April 11, 2008 of the completion of the geophysical surveys of oil prospects in its onshore and offshore areas by the Norwegian TGS-NOPEC Geophysical Company (“TGS”), raising hopes for significant foreign investment to Somaliland.

“The Ministry is excited about completion of the TGS geophysical surveys and looks forward to bringing substantial foreign investment to Somaliland,” the statement concluded,” Ibrahim said at the time in a press statement a copy of which was sent to Awdalnews Network.

The TGS completed an on-shore program of 34,600 kilometers of aeromagnetic data and a 2D seismic survey of offshore Somaliland, consisting of 5,100 KM of modern seismic data. Both data programs are currently being processed for an international bid round planned for late 2008. In March 2007. TGS acquired 1000 KM of offshore seismic as well.

Later during a stopover in Dallas, the Minister briefed the Somaliland Community on the current situation of the country during a luncheon hosted in his honor by Safia Abdillahi from Awdal Charity Services, Inc, and Kayse Noor Ahmad.

Minister Ibrahim urged the community members who attended the luncheon to invest in their home country to create business for themselves and create jobs for Somaliland's people.

The Minister and his entourage thanked the Somaliland community for their hospitality. Later the Minister departed from Dallas and Forth-worth international airport for London.

Parts of the report was also contributed by Kayse Noor Ahmad Dallas, Texas.

Kayse71@hotmail.com

Source: Awdalnews Network

 


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