Spectrum ASA -Southern Offshore Oil/gas

[Strategic]

Shirkadda Spectrum ASA oo xog uruurin shidaal ka sameysay dhul badeedka koonfurta Soomaaliya,interpration of the data will be available by the end of year.




Next phase will start soon.

[Strategic]

Imagine a trillion trillion dollar worth of oil and gas in south somalia.!

[incognito1]

Our brothers in the north will come running,puntland and Somaliland will cease to exists.

[SahanGalbeed]

[jalaaludin5]

Don't celebrate yet. It hasn't got the approval of MJ
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[Strategic]

Don't celebrate yet. It hasn't got the approval of MJ
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the company already did the seismic survey,completed securely and next is interpretion,it has a raw data. ofcourse it will be shared to the better good.

[jalaaludin5]

Don't celebrate yet. It hasn't got the approval of MJ
'
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the company already did the seismic survey,completed securely and next is interpretion,it has a raw data. ofcourse it will be shared to the better good.

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[Strategic]

these guys are serious,not like the never ending dubious oil deals in Ictiraafland,on may 2015 they made an agreement to survey huge offshore blocks and within one year completed and are in the process of interpretion with latest modern technology,no room for error this time.

Mogadishu, 02 May 2016 Spectrum ASA has successfully completed the acquisition of 2D seismic data offshore south Somalia. It was on the 5th September, 2015 when Spectrum ASA and the Federal Government of Somalia entered into a Multi-client master co-operation agreement with the federal government of Somalia during a signing ceremony at the SYL Hotel, Mogadishu. The survey has been completed without any incident.

[Strategic]

The total number of sail line acquired equates to 20,582.75 Km. The new acquisition will complement 20,000 km of existing seismic that was acquired in 2014. The two surveys will allow the in-depth study of hydrocarbon prospectivity offshore Somalia.

Spectrum have started to process the data, following which interpretation will begin in the third quarter of 2016 and its findings will be announced by the Federal Government. This effort will reveal the resources, whether oil or gas, hidden beneath the sea-floor of the Indian Ocean