Turkish President Tayyip Erdogan said on Wednesday he will announce the total size of gas reserves found in the country's largest-ever discovery when he visits a drillship in the Black Sea on Saturday.In August, Erdogan hailed the discovery of a 320 billion cubic meter (bcm) (11…
Turkey's navy has issued an advisory late Sunday saying that the Turkish ship Oruc Reis will carry out a seismic survey in the eastern Mediterranean over the next ten days, a step likely to revive tensions with NATO ally Greece.Two other vessels…
The worsening stand-off in the eastern Mediterranean, frequently described as a gas conflict, has been gaining momentum. It may seem a strange time to be fighting over gas when prices remain in a slump due to weak demand and investors withdrawing…
The Turkish drillship Yavuz has left the area where it was operating southwest of Cyprus and reached the Turkish coast, Refinitiv Eikon shipping data showed on Monday, in a move that may help ease tensions in the eastern Mediterranean.Cyprus'…
A Turkish drillship has left the area where it was operating southwest of Cyprus and reached Turkey's coast for maintenance in a move the European Union said would help ease tensions in the Eastern Mediterranean.Refinitiv tracking data showed…
Belgian offshore services contractor Deme saw the hull of its first-ever Service Operation Vessel (SOV) launched at the Cemre shipyard in Yalova, Turkey. The twin-hull vessel named ‘Groene Wind’ (Green Wind), will be used for offshore wind farm…
Turkey's seismic research vessel Oruc Reis returned to waters near the southern province of Antalya on Sunday, Refinitiv data showed, a move Greece said was a positive first step in easing tensions over offshore natural resources.But Turkish…
Turkey could save up to a whopping $21 billion in gas import costs with the development of it recently hit Tuna-1 gas discovery in the Black Sea, Norwegian energy intelligence firm Rystad Energy has estimated.As previously reported, Turkish…
Turkey expects gas suppliers to offer more competitive pricing and flexibility if they want to renew long-term contracts totaling 16 billion cubic meters a year, a senior energy ministry official said.More than a quarter of Turkey's long-term gas contracts expire next year…
Cyprus is ready to engage in talks with Turkey to resolve differences but only 'without blackmail and threats', President Nicos Anastasiades said on Wednesday.The two countries are locked in a dispute over drilling rights in the Mediterranean…
Turkey will send a second drillship to operate in the Black Sea, Energy Minister Fatih Donmez said on Sunday, weeks after Ankara announced its largest-ever natural gas discovery in the area.'Our drillship Kanuni, whose preparation work is continuing…
Turkey said on Monday that its Oruc Reis exploration vessel will carry out seismic surveys in a disputed area of the eastern Mediterranean until Sept. 12, provoking an angry response from neighboring Greece.Turkey and Greece, NATO allies, vehemently…
The European Union is preparing sanctions against Turkey that could be discussed at the bloc's next summit on Sept. 24 in response to the eastern Mediterranean dispute with Greece, the EU's top diplomat said on Friday.The measures, meant to…
The United States and Greece called on Monday for a peaceful resolution of maritime disputes in the east Mediterranean as U.S. Secretary of State Mike Pompeo began a two-day trip to Greece amid increased regional tension over energy resources…
Turkey said on Tuesday it had extended the operations of its Yavuz energy drillship in disputed Mediterranean waters off Cyprus until Oct. 12, in a move that could stir tension between the Greek Cypriot government and Ankara.Yavuz will be accompanied by three other Turkish ships…
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