As the Gulf (the world’s traditional energy centre) becomes riskier, the oil industry is searching for new hydrocarbon provinces. Much high-impact exploration is concentrated in Latin America and West Africa, far from Asia-Pacific, the main oil-demand growth centre. Somalia offers a different proposition: one of the industry’s hottest frontier wells is being drilled across the Arabian Sea and, if successful, could produce barrels that needn’t pass through the Strait of Hormuz. The Curad-1 exploration well was appraised after TPAO’s…

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