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Türkiye Petrolleri Anonim Ortaklığı (TPAO) is the national oil and gas company of Turkey and one of the most important industrial companies in the country. The ...
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News Results

Med crude-Urals rise as supplies tighten, TPAO awards Azeri
A Turkish tender by state-owned oil firm TPAO for a 600,000 barrel cargo of Azeri Light for loading on July 6-8, was awarded to BP, a trader said. The price level could not be confirmed, but the trader said it may have been awarded at around ...
Turkey, Azerbaijan ink critical pipeline deal in İstanbul
Representatives from the State Oil Company of Azerbaijan Republic (SOCAR), the Turkish state-owned pipeline and gas company BOTAŞ and the Turkish Petroleum Corporation (TPAO) were also present during the ceremony. Held at the Turkish Prime Ministry ...
Today's Zaman
Iraq oil ministry fails to award all but one exploration block at auction
Kuwait Energy as operator, bidding alongside Turkey's TPAO and the UAE's Dragon Oil, submitted the sole, and so far, only winning bid for Block 9, believed to hold potential oil reserves. Kuwait Energy has a 40% operating stake in the consortium with the ...
Med crude-Kazakh CPC hits fresh low on naphtha weakness
In other tender news, traders awaited the results of a Turkish TPAO tender, which closed on Thursday, to sell a 600,000 barrel cargo of Azeri Light for loading on July 6-8. Spot differentials for Russian Urals crude rose, with traders saying ...
Eastern Mediterranean Gas: Source for Cooperation or Fuel for Conflict?
Some of these blocks overlap with what Turkey considers its continental shelf and with areas where the Turkish Republic of Northern Cyprus (TRNC) gave Turkish state oil company TPAO exploration licenses. Turkey reached an agreement in September 2011with ...
Turkish Weekly
Picturesque Little Cyprus Sparks Yet More Conflict, This Time Over Oil
On April 26, Turkey's state oil company TPAO began onshore drilling for oil, with the potential proceeds to be split 50-50 with the de-facto Turkish-Cypriot government. An agreement to search for natural gas off the island's northern coast also has been signed.
Atlantic Online
BP: Up to $45 billion required to implement Shah Deniz 2 and create infrastructure for gas supplies to Europe [Trend News Agency, Baku, Azerbaijan]
Participants to the agreement are: BP (operator) -- 25.5 per cent, Statoil -- 25.5 per cent, NICO -- 10 per cent, Total -- 10 per cent, LukAgip -- 10 per cent, TPAO -- nine per cent and SOCAR-10 per cent. Azerbaijan and Turkey plan to create a ...
Valeura Awarded Two New Exploration Licences in Turkey
A number of companies are active in the area, including most recently Shell which has farmed-in on several licences held by TPAO, the Turkish national oil company, to the north and contiguous with Licence 2677. Valeura has been active in this area since ...
CNW Group
Turkey: Cyprus Gas Drilling Could be Geopolitical Accident Waiting to Happen
On April 26, Turkey's state oil company TPAO began onshore drilling for oil, with the potential proceeds to be split 50-50 with the de-facto Turkish-Cypriot government. An agreement to search for natural gas off the island’s northern coast ...
We wasted more than a decade before putting the Nabucco gas pipeline project on the dusty shelves of energy diplomacy history.
Under the original pipeline plan, SOCAR would hold an 80 percent stake in TANAP, while Turkey’s state-owned pipeline corporation (BOTAŞ) and the Turkish Petroleum Corporation (TPAO) would have a 10 percent stake each. The deal was expected to be ...
Today's Zaman
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