"Turkey" News

Saipem Nets $600M+ Worth of Offshore Installation Deals in Australia, Turkey

Nov 15, 2021

Saipem, an Italian energy industry construction and installation services provider, has secured two new offshore contracts in Australia and Turkey totaling more than $600 million for transportation and installation activities.In Australia, Chevron…

Shah Deniz Field: Azerbaijan Signs New Gas Supply Deal with Turkey

Oct 14, 2021

Azerbaijan has signed a new deal with Turkey to supply gas from its giant offshore Shah Deniz I field, Azerbaijan's energy minister Parviz Shahbazov told Reuters on Thursday.Azerbaijan halted gas supplies from Shah Deniz I to Turkey in April after the contract expired…

Subsea 7, Schlumberger Secure Work on Turkey's Giant Offshore Gas Find

Oct 15, 2021

Subsea 7 has confirmed the award of a major contract by Turkish Petroleum for the Sakarya field development offshore Turkey in the Black Sea. Subsea 7 defines a major contract as being one where Subsea 7’s share of revenue is over USD 750 million…

Turkey Sends Cypriot Vessel Away From Its Continental Shelf

Oct 04, 2021

Turkey sent a Greek Cypriot research vessel away from what it says is its continental shelf in the Mediterranean on Sunday after it entered the area without permission, Turkey's Defence Ministry said, in a sign of renewed tensions.For decades…

Turkey to Keep Exploring for Oil and Gas in Mediterranean, Erdogan Says

Jul 02, 2021

Turkey will carry on exploring for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Friday in comments that may revive tensions with the European Union and Greece amid attempts to repair their frayed ties.Turkey…

Turkey's TPAO Applies for East Med Exploration

Jul 09, 2021

Turkey's state-owned energy company TPAO has applied for a licence to explore for [oil and gas] in the eastern Mediterranean, the Turkish Energy Ministry said in a statement in the country's Official Gazette on Friday.According to a Turkish map database…

Ertuğrul Gazi FSRU Delivered to Turkey's BOTAS

Jul 02, 2021

The Ertuğrul Gazi Floating Storage and Regasification Unit (FSRU) for was delivered recently from South Korea to Turkey's BOTAŞ Petroleum Pipeline Corporation (BOTAS), the classification society ABS has informed.Built by Hyundai Heavy Industries…

Collab in Sight? Turkey Shares Data on Giant Black Sea Gas Find with ExxonMobil, Chevron

Jun 11, 2021

Turkey has shared data on its Black Sea discovery with U.S. energy majors Chevron and Exxon Mobil ahead of possible cooperation in extracting the gas, a Turkish official with knowledge of the matter told Reuters.Ankara has so far insisted it…

Turkey Finds More Natural Gas in the Black Sea

Jun 04, 2021

Turkey has discovered 135 billion cubic meters of additional natural gas in the southern Black Sea, President Tayyip Erdogan said on Friday, raising the total discovery in the region to 540 billion cubic meters.Last year, Turkey's drillship…

Turkey's Foreign Minister Set to Visit Greece

May 26, 2021

Turkey's Foreign Minister Mevlut Cavusoglu said he will visit Greece on May 31 as the NATO members seek to improve ties after a dispute last year that stoked regional tensions, Turkish media reported on Wednesday.Tensions flared last year over…

Turkish President Erdogan has 'Good News' on Black Sea Gas Reserves

Jun 02, 2021

Turkish President Tayyip Erdogan said late on Tuesday he would announce 'good news' regarding natural gas reserves in the Black Sea on Friday.In one of the world's biggest finds last year, Turkey said it discovered 405 billion cubic meters of natural gas in the Black Sea's Sakarya field…

EU Official Urges Turkey to Resolve issues with Greece, Cyprus over Offshore Gas Rights

Apr 07, 2021

European Council President Charles Michel called on Turkey to keep working to resolve disputes with Greece and Cyprus over gas rights in the Mediterranean as he visited Ankara on Tuesday to discuss trade and refugees with President Tayyip Erdogan…

Report: EU Stops Sanctions on Turkey Oil Execs

Mar 19, 2021

The European Union has frozen plans to blacklist more senior executives at Turkey’s state-owned Turkish Petroleum Corporation (TPAO), four diplomats said, in the clearest sign that a diplomatic offensive by Ankara this year is bearing fruit…

Cavusoglu: Turkey, Egypt Could Sign Maritime Demarcation Deal

Mar 03, 2021

Turkey and Egypt could negotiate and sign a maritime demarcation deal in the eastern Mediterranean if their ties, which have been strained, allow for such a move, Turkish Foreign Minister Mevlut Cavusoglu said on Wednesday.Ties between them…

Damen's New Fast Crew Supplier Launched in Turkey

Jan 27, 2021

Dutch shipbuilder Damen's new Fast Crew Supplier (FCS) 7011, which will be able to carry 122 people in a single trip, hit the water earlier this month at Damen Shipyards Antalya, Turkey. The vessel, which Damen has dubbed 'as a quantum leap forward in marine access solutions…

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