The economy of Somaliland largely relies on primary production and agriculture, where livestock is the main export of the country, which it ships to neighbouring Djibouti and Ethiopia, as well as to Gulf states, such as UAE, Saudi Arabia and Oman. Somaliland has a GDP per capita of $1061 and a gross domestic product GDP of $6,583,000,000 as of 2024, most of which it receives in remittances from Somalis working abroad. The COVID-19 pandemic has restricted Somaliland's trade flows with decreased demand in the agriculture sector, a significant source of tax revenue.
The Kirkuk–Ceyhan Oil Pipeline, also known as the Iraq–Turkey Crude Oil Pipeline, is a 600-mile-long (970 km) pipeline that runs from Kirkuk in Iraq to Ceyhan in Turkey. It is Iraq's largest crude oil export line.
The Ünye–Ceyhan pipeline, commonly known with its former name, the Samsun–Ceyhan pipeline, was a planned crude oil pipeline traversing Turkey from the Black Sea to the Mediterranean oil terminal in Ceyhan. The aim of the project was to provide an alternative route for Russian and Kazakhstani oil and to ease the traffic burden in the Bosporus and the Dardanelles. The project was halted in 2010. This was confirmed again in 2013.
Anthony Bryan Hayward is a British businessman and former CEO of the oil and energy company BP. He replaced the Baron Browne of Madingley on 1 May 2007. His tenure ended on 1 October 2010 when he was replaced by Bob Dudley following the Deepwater Horizon oil spill. He was chairman of Glencore Xstrata from 2014 to 2021.
Atlantic Petroleum P/FP/F is an oil and gas company situated in Tórshavn, Faroe Islands and has technical offices located in London and Bergen (Norway). It participates in exploration on the Faroese Continental Shelf, offshore Norway, Ireland, and United Kingdom. The company has production from three fields in the United Kingdom's sector of the North Sea and also participates in development projects.
This page summarizes projects that propose to bring more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market, with the first production of fuel beginning in 2013. This is part of the Wikipedia summary of oil megaprojects.
This page summarizes projects that propose to bring more than 20,000 barrels per day (3,200 m3/d) of new liquid fuel capacity to market with the first production of fuel beginning in 2015. This is part of the Wikipedia summary of Oil Megaprojects.
Xtract Resources plc is a diversified metals and minerals producer based in London, United Kingdom. The company's shares are traded on London Stock Exchange Alternative Investment Market. Its CEO is Colin Bird. The primary focus of the company is gold and copper exploration and mining. The company's main assets are located in Chile, Mozambique, and South Africa.
Perenco is an independent Anglo-French oil and gas company with a headquarters in London and Paris. It conducts exploration and production activities in 16 countries around the globe. Perenco is involved in operations both onshore and offshore with production equal to approximately 450,000-barrel (72,000 m3) of oil equivalent per day.
Addax Petroleum was established in 1994 and since August 2009 has been a subsidiary of the Sinopec Group, one of the largest oil and gas producers in China, the biggest oil refiner in Asia, and the third largest worldwide. Addax Petroleum was an international gas and oil production and exploration company mainly focused on the Middle East, the North Sea, and Africa. Since its founding, the company has become one of the largest oil producers in West Africa.
Dommo Energia is a Brazilian publicly listed oil and gas company. Until 2017 it was known as OGX Petróleo e Gás Participações S.A. (OGX). Prior to a 2013 bankruptcy filing, OGX was Brazil's second-largest oil company by market value after Petrobras.
On May 30, 2010 a 6-month moratorium on all deepwater offshore drilling on the Outer Continental Shelf was declared by U.S. Secretary of the Interior Ken Salazar. The limitation was in response to the Deepwater Horizon oil spill which occurred in the Gulf of Mexico.
The Yuri Korchagin field is an offshore oil field in the Russian sector of the North Caspian Sea. The field is located 180 kilometres (110 mi) from Astrakhan and 240 kilometres (150 mi) from Makhachkala at a sea depth of 11–13 metres (36–43 ft). The field is owned and operated by Lukoil–Nizhnevolzhskneft, a subsidiary of Lukoil. The contractor for drilling operations is a Moscow-based company BKE Shelf. The field is named after the former secretary of the company's board of directors.
Sigguk Block is an oil exploration block in Baffin Bay. It is located 175 kilometres (109 mi) west of Disko Island, Greenland. The block consists of Alpha, T4, and T8 prospects. The license to explore the block belongs to Cairn Energy's subsidiary Capricorn Greenland Exploration Limited. In October 2009 Cairn Energy sold a 20% stake of its rights to Petronas. The national oil company of Greenland NUNAOIL owns 12.5% interest. The license expired on 31 December 2017.
The East-Prinovozemelsky field is a gigantic undeveloped Arctic oil and gas field located in the South Kara basin of the continental shelf of Russia, in the South Kara Sea between the Yamal Peninsula and Novaya Zemlya island. It is the continuation of the continental West Siberian hydrocarbon province.
San Leon Energy plc is an independent oil and gas exploration company and is Europe's leading shale gas company by acreage. San Leon has built up a portfolio of assets located in Poland, Morocco, Western Sahara, Albania, Ireland, Spain and Italy. The company's portfolio across these geographies is made up of both conventional exploration and shale assets.
Scarabeo 9 is a Frigstad D90-type ultra deepwater 6th generation semi-submersible drilling rig. It is owned and operated by Saipem. It was named by Anna Tatka, the wife of Pietro Franco Tali, CEO of Saipem. The vessel is registered in Nassau, Bahamas.
Scarabeo 8 is an ultra deepwater 6th generation semi-submersible drilling rig. It is owned and operated by Saipem. The vessel is registered in Nassau, Bahamas.
Economy in Kurdistan Region consists of the autonomous economy in Kurdistan region in northern Iraq. The Kurdistan region's economy is dominated by the oil industry, agriculture, manufacturing and tourism.
The Ministry of Energy and Minerals is one of the governmental bodies of Somaliland. The ministry has the function of developing and implementing policies related to electricity, minerals, petroleum and petroleum products, the current minister is Abdillahi Farah Abdi.
