DNO Signs Somaliland PSC

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
International's portfolio and in an area that is both prospective and
undrilled," Mossavar-Rahmani said. 

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!
Email news@rigzone.com

WHAT DO YOU THINK?

Click on the button below to add a comment.
Post 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.

Related Companies
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  AOD Secures Contract Extensions for 2 ... (Jul 29)
 -  OGDCL Discovers Gas at Khamiso-1 Prosp... (Jul 29)
 -  Key Petroleum to Take 40% Stake in Per... (Jul 29)
 -  Sembcorp Marine's 2Q 2016 Net Profit F... (Jul 29)
 -  Geo Oceans Pioneers Use of Subsea Robo... (Jul 29)


Most Popular Articles

From the Career Center
Jobs that may interest you
Area Manager Business Development
Expertise: Budget / Cost Control|Business Development|Sales
Location: Denver, CO
 
Project Manager
Expertise: Project Management
Location: Marietta, GA
 
Bioremediation Sales
Expertise: Business Development|Sales
Location: Austin, TX
 
search for more jobs

Brent Crude Oil : $42.7/BBL 1.77%
Light Crude Oil : $41.14/BBL 1.83%
Natural Gas : $2.87/MMBtu 7.49%
Updated in last 24 hours