Petroleum

Mission

To create the greatest possible economic benefit and value for Somaliland citizens by managing the exploration and exploitation of the country’s petroleum resources in a prudent manner and environmentally safe and responsible way.

Function, Role & Responsibilities

Manage Petroleum Exploration and Production Sharing Agreements (PEPSA) with the oil companies that are operating in Somaliland.
Oversee and monitor petroleum exploration and exploitation activities to ensure compliance with PEPSA terms and with Somaliland’s petroleum and environmental regulations.
Initiate, promote and manage geological and geophysical surveys to be completed on all Somaliland onshore and off shore territories to identify, map and delineate the nation’s hydrocarbon resources.
Acquire, process, interpret and safeguard petroleum technical data in order to establish a reliable reference and resource for Somaliland’s petroleum hydrocarbon deposits
Promote the training and capacity building of Somaliland nationals in all aspects of the petroleum industry operational activities to eventually take up the positions of foreign nationals to the extent possible.