| Reference | BID8212 |
| Date | 2/19/2009 |
| Location | Africa |
| Scope | Issue Date: 19 February 2009 Pre-Tender Meeting Date: 15 August 2009 Bid Closing Date: 15 December 2009 Concessions will be awarded: 15 March 2010 Scope of Work: The Somaliland Ministry of Water and Mineral Resources (Ministry) announces that Somalia's first bid round for hydrocarbon concessions will open in February 2009. The bid round will include eight concession blocks comprised of more than 89,624 square kilometers of onshore and offshore areas. The geology off the coast of Somaliland is analogous to the oil-producing basins in nearby Yemen that have yielded several discoveries to date. Yemen’s Balhaf Graben Basin and Somaliland’s Berbera Basin contain striking similarities in fault trends and structural complexity. Additional indicators of hydrocarbon reserve potential are the naturallyoccurring oil and gas seeps at Dagah Shabel, and most historical wells in the area contain multiple zones with shows of oil and/or gas. In preparation for the Somaliland licensing round, TGS-NOPEC Geophysical Company, ASA acquired 3,293 miles (5,300 kilometers) of seismic, gravity and magnetic data in the offshore areas and 21,562 miles (34,700 kilometers) of high resolution aeromagnetic data covering all known petroleum basins. The surveys mark the first new geophysical data acquired in the area in almost 30 years. Data acquisition was completed in 2007-2008, and TGS used this data along with existing well logs and interpreted data to create comprehensive interpretation reports for the Ministry. The reports, as well as the newly acquired geophysical data and well logs are all multi-client products to be exclusively marketed by TGS on behalf of the Ministry. |
