Tag Archives: Turkey

Turkey may Cooperate with Foreign Firms in Black Sea

Turkish Energy Minister Fatih Dönmez said on Oct. 22 that Turkey will operate the gas field which it recently discovered in the Black Sea on its own, but it may cooperate with foreign firms in terms of detailed work and equipment. His comments, at an interview with broadcaster A Para, …

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Turkey to Continue Energy Search in Black Sea

Turkey is set to continue its search for energy resources in Black Sea region, where it has so far discovered 405 billion cubic meters (bcm) of natural gas, the country’s president said on Tuesday. Speaking at a news conference following an hours-long cabinet meeting in the presidential complex in the …

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Turkey to Raise Estimates on Black Sea Discovery

Turkey is likely to raise the estimated amount of natural gas from its recent discovery in the Black Sea, Bloomberg reported on Friday, citing sources familiar with the matter. Ankara may issue a new guidance on the discovery as early as next week, Bloomberg said, after the completion of exploratory …

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Turkey Backs Off in EastMed, But For How Long?

Turkey withdrew its seismic research vessel, the Oruc Reis, from the contested waters of the eastern Mediterranean Sea, where tensions triggered by the ship’s activities have run high for more than a month. The move came as a surprise for many, and observers wonder whether the move is just a …

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Turkey to Deploy Second Drilling Ship to Black Sea

Turkey will deploy another drilling ship, named Kanuni, to the Black Sea, Energy and Natural Resources Minister Fatih Donmez said on Sunday. Kanuni will support another Turkish vessel, named Fatih, which in mid-August discovered gas deposits in the Black Sea of 320 billion cubic meters with an estimated value of …

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