Turkey will start drilling in a deepwater offshore location in Somalia next month in what would be the country’s first foray in deepwater drilling, Ankara’s energy minister told media today. Alparslan Bayraktar did not provide details about the drilling program, only noting that the Somalian project would be Turkey’s first …
Read More »Turkey Turns State Owned TPAO into a Global Player with 500,000-Barrel Goal
Turkey’s state-run energy champion Turkish Petroleum Corporation (TPAO) is on track to dramatically scale up production, with daily oil and gas output expected to reach around 500,000 barrels by 2028, Energy and Natural Resources Minister Alparslan Bayraktar said this week. Speaking to local media, Bayraktar said the projection is based …
Read More »Iraq and Turkey Agree to Restart Kurdistan’s Oil Exports
Turkey and the federal Iraqi government have agreed to resume oil exports from Iraq’s semi-autonomous region of Kurdistan via a pipeline to the Turkish coast, Shakhwan Abdullah, Deputy Speaker of the Iraqi Parliament, said this weekend. Oil exports from Kurdistan have been halted for two and a half years, after …
Read More »Turkey Taps U.S., European, Asian Suppliers for 15 Bcm LNG
Turkey’s state gas company BOTAS has locked in 15 billion cubic metres of liquefied natural gas (LNG) through new contracts with eight global suppliers, in a concerted effort to expand its energy portfolio and curb dependence on pipelines from Russia, Azerbaijan and Iran. Announced at the Gastech 2025 conference in …
Read More »Turkey’s Hunt for Energy and Influence Sparks Global Deal Drive
From US natural gas to Southeast Asian oil and and uranium in Sub-Saharan Africa, Turkey is on a global hunt for energy and commodities, leveraging its growing foreign policy clout for an edge in the competition for resources. Ankara’s push is going full speed this year, with exploration deals signed …
Read More »Turkish Firms to Launch Oil and Gas Exploration Offshore Pakistan
Turkish energy firms will explore for oil and gas offshore Pakistan under agreements with local companies, Turkish Foreign Minister Hakan Fidan said during a visit to Pakistan on Wednesday. “This is one of the outcomes of the more institutionalized approach we are working to establish,” Fidan said, without elaborating on …
Read More »Turkey’s First Floating Gas Platform Reaches Black Sea Port
Turkey’s first floating natural gas production platform, Osman Gazi, arrived Saturday at Filyos Port in Zonguldak on Turkey’s Black Sea coast. The massive platform was sent off from the Presidential Dolmabahce Office in Istanbul on May 29 — the 572nd anniversary of Istanbul’s conquest — in a ceremony attended by …
Read More »Turkey’s New $30 bln Gas Discovery Strengthens its Geopolitical Importance
On Saturday, President Recep Tayyip Erdogan announced the find, which was made during recent exploration efforts in the Black Sea. The Goktepe-3 well is located 69 kilometers (42.8 miles) west of the Sakarya Gas Field and 165 kilometers (102 miles) from the shore. The discovery was made at a depth …
Read More »Key Turkish Refinery Gets back into Russian Oil
Turkey’s top oil refiner, Tupras, has resumed purchasing Russian Urals crude oil after a brief halt earlier this year prompted by U.S. sanctions on Moscow. According to trading sources and shipping data reviewed by Reuters, the company restarted imports following a drop in Urals prices below the G7’s price cap, …
Read More »Turkey Aims for Iraq-Turkey Oil Pipeline to Run at Full Capacity
Turkey is seeking to maximise the Iraq-Turkey oil pipeline’s capacity as operations resume through Ceyhan, according to Turkish Energy Minister Alparslan Bayraktar. Bayraktar emphasised Turkey’s readiness to resume operations, despite a lack of confirmation on flow resumption, according to a report by Reporter. Turkey halted the operation of the pipeline …
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