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What will be the outcome of the Turkey-Somalia energy cooperation by December 31, 2025?
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Turkey•Oruç Reis•Somalia•Somali•Istanbul•Turkish•Tayyip Erdoğan•Abdirizak Omar Mohamed•Alparslan Bayraktar
Resolution / Starting Odds
Successful cooperation with further agreements • 25%
Limited cooperation with no further agreements • 25%
Cooperation ends without significant progress • 25%
Other outcomes • 25%
Official announcements from Turkish or Somali government or credible news outlets
Story
Turkey Dispatches Oruç Reis to Somalia for Seven-Month 3D Seismic Oil and Gas Exploration
Oct 5, 2024, 11:25 AM
Turkey has sent the Oruç Reis seismic research vessel to Somalia to embark on a seven-month mission to search for oil and natural gas in Somali waters. The vessel departed from Istanbul and is expected to arrive off the coast of Somalia at the end of October. Turkish President Recep Tayyip Erdoğan and Somali officials, including Somalia's Petroleum Minister Abdirizak Omar Mohamed, attended the farewell ceremony. The Oruç Reis will conduct 3D seismic surveys offshore Somalia, covering three maritime jurisdictions, following an agreement on energy cooperation between the two countries. Turkey's Energy Minister Alparslan Bayraktar and Somalia's Petroleum Minister reviewed the vessel's work in Somali waters and explored future land-based cooperation.
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Similar markets
Commercially viable oil reserves • 25%
Commercially viable natural gas reserves • 25%
Both commercially viable oil and natural gas reserves • 25%
No commercially viable reserves • 25%
Yes, in all three blocks • 25%
Yes, in two blocks • 25%
Yes, in one block • 25%
No production • 25%
Yes • 50%
No • 50%
Continues as primary mediator • 25%
Steps back from mediation • 25%
Mediation role shared with other countries • 25%
No longer involved • 25%
Yes • 50%
No • 50%
Oil • 25%
Natural Gas • 25%
Both Oil and Natural Gas • 25%
Neither • 25%
Highly involved • 25%
Moderately involved • 25%
Minimally involved • 25%
No involvement • 25%
Yes • 50%
No • 50%
Trade • 25%
Infrastructure • 25%
Energy • 25%
Transportation • 25%
Debt significantly reduced • 25%
Debt remains stable • 25%
Debt significantly increased • 25%
Other • 25%
Successful ceasefire agreement • 25%
Unsuccessful, no agreement reached • 25%
Partial agreement with ongoing conflict • 25%
Talks abandoned • 25%