Somali Petroleum Authority
The Somali Petroleum Authority is Somalia's statutory petroleum regulator, established in 2020 under the Petroleum Law to license blocks, administer Production Sharing Agreements, and oversee exploration by international oil companies across the country's eight petroleum basins.
- Company typePrivate
- Founded2020
- HeadquartersMogadishu, Somalia
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Somali Petroleum Authority does
The Somali Petroleum Authority (SPA) is the federal regulatory body established under Somalia's 2020 Petroleum Law to govern petroleum exploration and production across the country. Headquartered in Mogadishu with a workforce of 51–100 employees, SPA is the exclusive authority for licensing blocks, negotiating and administering Production Sharing Agreements (PSAs), and collecting the federal share of petroleum revenue. Its statutory remit extends across eight identified petroleum basins and includes both onshore acreage and the country's largely unexplored offshore, where only one well has historically been drilled and no deepwater exploration has yet occurred.
SPA's principal counterparties are international oil companies. Shell and ExxonMobil together hold roughly 60,000 km² of exploration acreage, TPAO (Turkey's national oil company) operates three onshore blocks (142, 152, 153) under a cooperation arrangement with the Government of Türkiye, and Liberty Petroleum holds additional acreage. The underlying technical base includes approximately 20,000 km of 2D seismic data originally acquired by Spectrum in 2015 and cataloged basin data dating to the first petroleum discoveries in 1948.
The Authority's economic model is regulatory rather than commercial: it earns no product revenue, deriving its financial significance from licensing fees, signature bonuses, and the fiscal terms embedded in PSAs. Under the 2020 Petroleum Law framework, any future petroleum revenue is distributed 55% to the federal government, 25% to producing regional states, 10% to local government, and 10% to non-petroleum-producing member states. The Authority is led by Chairman Eng. Abdulqadir Aden and operates as a non-profit, state-funded institution.
Somali Petroleum Authority firmographics
Firmographics- Name
- Somali Petroleum Authority
- Legal name
- Somali Petroleum Authority
- Website
- https://hbs.gov.so
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- The Somali Petroleum Authority is Somalia's statutory petroleum regulator, established in 2020 under the Petroleum Law to license blocks, administer Production Sharing Agreements, and oversee exploration by international oil companies across the country's eight petroleum basins.
- Ownership category
- akta.pro rank
Somali Petroleum Authority industry classification
Industry- Product category
- Petroleum Regulatory Services
- NAICS
- Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (92615)
- SIC
- Oil & Gas Field Exploration Services (1382)
- akta.pro industry
- Upstream HSE, Regulatory Compliance & Emissions Management (Methane/Flare)Energy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Upstream Exploration & Production (E&P)Mineral Rights, Leasing & Land ManagementEnergy, Utilities & Environment/Oil & Gas (Upstream, Midstream, Downstream and Refining)/Upstream Exploration & Production (E&P)Minerals, Mining & Geologic Resources AdministrationBusiness & Public Services/Public Sector & Government Administration/Environmental Protection & Natural Resources Administration
Keywords
Where Somali Petroleum Authority is headquartered
LocationHeadquarters
- HQ city
- Mogadishu
- HQ country
- Somalia
Offices1 record
Markets served
Somali Petroleum Authority business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Others
Distribution channels1 record
Marketing channels3 records
Somali Petroleum Authority product offering
Product offeringCore offering
The Somali Petroleum Authority regulates and manages Somalia's upstream oil and gas industry under the 2020 Petroleum Law. It issues Production Sharing Agreements (PSAs), administers the First Offshore Licensing Round, grants Reconnaissance Authorizations for geological surveys, and provides Surface Access Authorizations for exploration activities. The authority also oversees the Somali National Petroleum Company (SONOC), which can hold up to 20% ownership in petroleum projects under PSAs.
Product overview
The Somali Petroleum Authority (SPA) is a regulatory body, not a typical software or technology product company. SPA regulates and manages Somalia's petroleum industry through several interconnected mechanisms: it issues Production Sharing Agreements (PSAs) that govern exploration and production rights for international oil companies; it administers the First Offshore Licensing Round for offshore petroleum blocks; and it oversees the Somali National Petroleum Company (SONOC), which holds up to 20% ownership in petroleum projects. SPA also issues Reconnaissance Authorizations for geological surveys and Surface Access Authorizations for exploration activities. The authority's core functions include regulating petroleum operations, ensuring company qualifications, certifying authorizations, and monitoring the petroleum industry under the 2020 Petroleum Law framework.
Differentiator
Problem solved
Functional benefit
Products and services
- Production Sharing Agreements (PSA)
Companies that use Somali Petroleum Authority
Customer profileSegments1 record
Ideal customer profiles1 record
Somali Petroleum Authority technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Somali Petroleum Authority partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- Turkish Petroleum Company (TPAO)coreThree-day Technical Committee Meeting in Mogadishu (October 10-12, 2025) co-chaired by SPA Chairman Eng. Abdulqadir Aden and TPAO Director Mr. Korhan Akin. Discussions focused on Blocks 142, 152, and 153, including seismic data interpretation, basin analysis, and preparation for drilling phase. The partnership has completed seismic acquisition and processing, with data interpretation underway to identify optimal drilling locations. Cooperation extends to HSE Management System establishment, capacity building, and financial planning frameworks.
- Liberty PetroleumcoreThe Federal Government of Somalia signed an oil exploration deal with Liberty Petroleum, an American company based in Phoenix, Arizona. The agreement grants Liberty Petroleum the right to explore three offshore blocks within Somalia's Deepwater zone. This partnership is expected to unlock valuable resources, increase government revenue for investment in education, healthcare, and infrastructure, and create job opportunities within Somalia's oil and gas sector.
- Türkiye (Turkey)coreInter-governmental cooperation agreement between Somalia and Türkiye for oil and gas cooperation, signed March 7, 2024. The agreement encompasses exploration, assessment, development, and production of oil and gas within Somalia's terrestrial and maritime blocks. Türkiye will undertake exploration activities including seismic surveys in identified offshore areas. The agreement covers transportation, distribution, refining, sales, and service operations of oil and related products. Further negotiations will delineate roles and responsibilities for future production-sharing arrangements.
- Shell and ExxonMobilcoreShell and ExxonMobil are legacy concession holders with 60,000 km² of offshore Somalia. In 2019, they agreed to resume petroleum exploration in Somalia. In 2020, they made a legacy payment of $1.7 million, distributed in accordance with the new Revenue Sharing Agreement. They continue paying surface rental fees and are parties to the Shell/Exxon joint venture E&P roadmap signed with the Federal Government of Somalia.
Scale indicators5 records
Recent moves6 records
Expansion highlights4 records
Somali Petroleum Authority competitors and assessment
Company assessmentDirect peers
- Petroleum Authority of Uganda (PAU): Uganda's upstream petroleum regulator established to oversee licensing, PSA negotiation, and monitoring of exploration and production. Comparable to SPA as a recently established African upstream regulator operating in a frontier context with international IOC partnerships.
- Tanzania Petroleum Development Corporation (TPDC): Tanzania's national petroleum entity responsible for upstream regulation and state participation. Directly comparable as an East African coastal regulator managing deepwater exploration and a national oil company role analogous to SPA's SONOC mandate.
- Mozambique Instituto Nacional de Petróleo (INP): Mozambique's national petroleum regulatory authority overseeing offshore exploration in the Rovuma Basin. Directly comparable as an East African coastal state regulator that has managed large IOC PSAs and faces similar frontier-market capacity-building challenges.
- Petroleum Commission of Ghana: Ghana's upstream petroleum regulator managing exploration and production licensing in the West African offshore. Directly comparable as a recently established national petroleum regulator with a modern PSA framework and IOC licensing mandate.
- Namibia Petroleum Commission: National upstream petroleum regulator for a frontier Southern African jurisdiction that, like Somalia, began opening new offshore basins (Orange Basin) to international exploration in recent years. Directly comparable as a frontier-market upstream regulator managing licensing rounds and PSA frameworks.
Broad incumbents
- Suriname Staatsolie: Suriname's state oil company that combines regulatory oversight, national oil company functions, and frontier offshore acreage management. Comparable to SPA because it sits at the intersection of regulator and national oil company in a small frontier jurisdiction now attracting super-major investment offshore.
- Ministry of Petroleum and Energy (Somalia): Somalia's parent ministry that oversees SPA. Comparable as the policy-setting counterpart within the same jurisdiction and the entity SPA reports to under the 2020 Petroleum Law.
Others
- Turkish Petroleum Corporation (TPAO): Turkey's national oil company that is SPA's most active technical partner, co-chairing the October 2025 Technical Committee Meeting on Blocks 142, 152, and 153. Comparable as a state oil company counterpart engaged in frontier offshore exploration under SPA's regulatory framework.
- Liberty Petroleum: US-based independent oil company that signed an exploration deal with the Federal Government of Somalia in March 2024 for three deepwater blocks. Not a regulator but a directly relevant counterparty and IOC peer operating under SPA's licensing framework.
Regional players
- Guyana Ministry of Natural Resources: Guyana's government authority managing the rapidly developed offshore oil sector. Comparable as a frontier-jurisdiction regulator overseeing a surge in deepwater IOC activity, though in a more mature stage of the exploration-to-production cycle than Somalia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Somali Petroleum Authority social profiles
Digital presenceSomali Petroleum Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
Somali Petroleum Authority leadership team
Management profileNumber of profiles
Profiles1 record
Somali Petroleum Authority funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Somali Petroleum Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Somali Petroleum Authority
What does Somali Petroleum Authority do?
The Somali Petroleum Authority regulates and manages Somalia's upstream oil and gas industry under the 2020 Petroleum Law. It issues Production Sharing Agreements (PSAs), administers the First Offshore Licensing Round, grants Reconnaissance Authorizations for geological surveys, and provides Surface Access Authorizations for exploration activities. The authority also oversees the Somali National Petroleum Company (SONOC), which can hold up to 20% ownership in petroleum projects under PSAs.
Is Somali Petroleum Authority a public or private company?
Somali Petroleum Authority is a private company. It is classified as state government owned and is currently operating.
When was Somali Petroleum Authority founded?
Somali Petroleum Authority was founded in 2020. It employs 51 to 100 people.
Where is Somali Petroleum Authority based?
Somali Petroleum Authority is headquartered in Mogadishu, Somalia.
Who are Somali Petroleum Authority's main competitors?
Direct peers on record are Petroleum Authority of Uganda (PAU), Tanzania Petroleum Development Corporation (TPDC), Mozambique Instituto Nacional de Petróleo (INP), Petroleum Commission of Ghana and Namibia Petroleum Commission. Broad incumbents are Suriname Staatsolie and Ministry of Petroleum and Energy (Somalia). Others are Turkish Petroleum Corporation (TPAO) and Liberty Petroleum. Guyana Ministry of Natural Resources is listed as a regional player.
Does Somali Petroleum Authority have an API?
No public API is recorded for Somali Petroleum Authority.
What industry is Somali Petroleum Authority in?
Somali Petroleum Authority's product category is Petroleum Regulatory Services. Its primary akta.pro industry code is EUALAAAM, Upstream HSE, Regulatory Compliance & Emissions Management (Methane/Flare), with a secondary code of EUALAAAB, Mineral Rights, Leasing & Land Management. Its NAICS code is 92615 and its SIC code is 1382.