Somalia has been torn apart by 20 years of civil war while Somali pirates plundered international shipping for ransom. It is entering a new chapter having driven away the pirates, driven back the Islamist terror group al-Shabab and established a central government. Now foreign investment is showing interest in the country and its potential oil reserves.

<i>Twenty-two years of military dictatorship and two decades of civil war and anarchy tore Somalia apart. Thousands died and more than a million were made refugees as clans waged war. Now a new chapter has begun in Somalia’s history. Political agreements reached in 2012 have brought hopes of peace and reconstruction. Internationa...

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Professor Jaime Nogueira Pinto
The possibility of oil exploration in Somalia is not new. Energy companies BP, Chevron, Conoco, Eni and Shell signed contracts with President Barre’s regime
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