AUGUST 2012
The Production Sharing Agreement (PSA) is due to approve by the Government of SOMALIA by August 2012. According to the agreement GTC GLOBAL will mobilize their equipment on the first quarter of 2013 run Seismic Survey followed by drilling the first exploration well in the concession. The block is onshore and will cover around 35,000 KM 2

AUGUST 2012
The Production Sharing Agreement (PSA) is due to approve by the Government of SOMALIA by August 2012. According to the agreement GTC GLOBAL will mobilize their equipment on the first quarter of 2013 run Seismic Survey followed by drilling the first exploration well in the concession. The block is onshore and will cover around 35,000 KM 2

Current and Future Projects:

  1. Building the RTOC center for ADCO – United Arab Emirates.
  2. Negotiation for Building a CWE Center in Libya.
  3. Trial of Three PDC Drilling Bits with success of 450% to competitors.  Drilling the hardest formation in AFRICA.  Formation name; Abu Gabra, drilled 702 meters with one PDC bit.
  4. Seismic Data Processing and Interpretation project – Africa.
  5. Seismic Data Processing and Interpretation Project – Suriname.
  6. Providing 1200 & 2000 HP Brand New Drilling Rigs for IRAQ.
  7. Consultation Project on Managing Seismic data – Latin America.
  8. Negotiation on Building a CWE System for IRAQ.
  9. Training in Latin America, Suriname, Colombia, and Argentina.
  10. Engineering Management Support for the Surface Facilities in IRAQ.
  11. Full Reservoir management Studies, United Arab Emirates.
  12. Full Drilling Optimization Project in United Arab Emirates.
  13. Seismic Data Conversion for Dolphin Energy in Doha, QATAR.
  14. Data Digitizing for Mubadala in UAE.
  15. Well Logging Data Processing and Interpretation, North Iraq.
  16. Full Data Digitizing and Archiving, UAE and Iraq.
  17. Training on Well Logging in Suriname.
  18. Processing, Interpreting MFC & Production logging data, Gulf Region.