Previous bidding rounds had specific contract models that covered costs and paid a remuneration fee for production.
Read More »Turkish Cypriots `Must be Part` of Drilling Decisions
Cyprus has been divided since 1974 when a Greek Cypriot coup was followed by violence against the island'.s Turks.
Read More »Turkey to Hold New Tenders for Wind. Solar Plants by Summer 2018
In terms of renewable energy. 2017 was a key year for Turkey.
Read More »Iraq Denies Remove from Oil-Rich Kirkuk
Federal police forces had pulled out from the province amid reports about an imminent attack by the Daesh terrorist group.
Read More »Turkey to Continue Blocking Offshore Drilling
The new warning reserves the same area for military training and gunnery exercises from February 22 until March 10.
Read More »Luaibi to Visit Turkey for Oil Export Talks
The two sides are expected to discuss resumption of export of Iraqi oil through the port of Ceyhan. on Turkey'.s eastern Mediterranean coast.
Read More »Iran-Iraq Oil Production Capacity in Joint Oilfields Reaches 350.000b
Production of all west Karoun oilfields which was 70.000 barrels a day reached over 300.000 barrels.
Read More »ENI Inks 2 Contracts in Lebanon
Agreements strengthen the ENI’s presence in East Med.
Read More »Iraq will Begin Oil Export to Iran this Month
Kirkuk is one of the largest oilfields in the Middle East. estimated to contain around nine billion barrels of recoverable oil.
Read More »Erdogan: Cyprus not to Test Turkey over Gas Standoff
Cyprus was split in a Turkish invasion in 1974 after a brief Greek-inspired coup.
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