Norway's DNO International reported Tuesday that it has signed a production sharing contract covering Block SL18 onshore Somaliland.
The firm said that President of Somaliland Ahmed Mohamoud Silanyo and DNO Executive Chairman Bijan Mossavar-Rahmani both attended the signing ceremony Monday in Washington D.C.
DNO has begun studies on Block SL18 ahead of an extensive seismic data acquisition program planned for 2014.
"This 12,000 square kilometer block adds substantial exploration acreage to DNO
He added that Somaliland falls within the company's geographic and geological comfort zones. "We have been active across the Gulf of Aden in Yemen since the late 1990s," he said.
Have a news tip? Share it with Rigzone!
WHAT DO YOU THINK?
Click on the button below to add a comment.
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
More from this Author
Most Popular Articles
From the Career Center
Jobs that may interest you