Turkey and Shell to explore fuel in Black Sea

Turkey’s state-run oil researcher TPAO prepares to search for oil in the Black Sea with the Anglo-Dutch Shell, after failed attempts by international energy companies, according to sources.The ministerial sources said TPAO and the Holland-United Kingdom-based Shell have been...

Select Your Countries:
Albania
Bosnia and Herzegovina
Bulgaria
Croatia
Cyprus
FYROM
Greece
Montenegro
Romania
Serbia
Slovenia
Turkey
   

    
Select SIX industries you would like to appear:
Aerospace & Defense Agribusiness & Forestry Auto Industry
Capital markets Chemicals Construction & Materials
Economy & Statistics Environment Energy & Utilities
Financial Services Food and Beverage Franchising
Gaming Infrastructure Machinery & Appliances
Marketing & Advertising European Union Metals & Mining
Paper & Packaging Pharmaceuticals Real Estate
Retail Shipping Science
Telecoms, IT, Electronics, Media & Internet Textile & Clothing Tobacco
Tourism Transportation Wood and Furniture
Other        
Note: You can always change your choice later by unchecking the appropriate box or uncustomize all..        

Getting started

The first thing you need to do is choose a news reader, if you already don't have one. This is a piece of software that checks feeds you have requested and lets you read any new articles that have been added. There are various types of news reader. You should choose one that will work with your computer’s operating system.



When you have chosen a news reader, you can decide what content you want to keep up to date with. Please choose from below:

Albania Bosnia and Herzegovina Bulgaria Croatia
Cyprus FYROM Greece Montenegro
Romania Serbia Slovenia Turkey
INTERVIEWS BY BALKANS.COM      

Problems ?

Alternatively, you can paste one of the BBN RSS URLs into a new feed in your news reader.


http://www.balkans.com/rss/english/albania.rss
http://www.balkans.com/rss/english/bulgaria.rss
http://www.balkans.com/rss/english/cyprus.rss
http://www.balkans.com/rss/english/greece.rss
http://www.balkans.com/rss/english/romania.rss
http://www.balkans.com/rss/english/slovenia.rss
http://www.balkans.com/rss/english/bosnia.rss
http://www.balkans.com/rss/english/croatia.rss
http://www.balkans.com/rss/english/macedonia.rss
http://www.balkans.com/rss/english/montenegro.rss
http://www.balkans.com/rss/english/serbia.rss
http://www.balkans.com/rss/english/turkey.rss

Find more about RSS FEEDS !
Name:  Surname: 
Country:  Company name:
Email (Username): (If you would like to change your email address please notify us at news@balkans.com.)
Password:  Confirm password: 
Visak koda  
   
     

MY ALERTS

MAKE NEW ALERT

 E-mail article  Print  Save Additional News in English Još vesti na Srpskom Επιπλέον ειδήσεις στα Ελληνικά  Text

Turkey and Shell to explore fuel in Black Sea



Balkans.com Business News Correspondent - 28.01.2013

Turkey’s state-run oil researcher TPAO prepares to search for oil in the Black Sea with the Anglo-Dutch Shell, after failed attempts by international energy companies, according to sources.
The ministerial sources said TPAO and the Holland-United Kingdom-based Shell have been in contact for an oil exploration partnership in the Black Sea. The contract date has been determined to be Feb. 14, when the two companies will reveal their search and production deal to the public, sources said.
Furthermore, TPAO, which has carried out oil and natural gas exploration by itself, has received a proposal from Shell to work together in the Gulf of Mersin, alongside the other companies’ proposals, sources say. TPAO might strike a deal with Shell or another company for a partnership in Mersin, as it had talks with 13 companies for exploring in the İskenderun-Mersin Gulf last year. 
However, Energy Minister Taner Yıldız has stated that TPAO would make a deal with “a giant company” in the next two or three weeks for oil exploration in the Black Sea, but did not give a company’s name. He also said in November 2012 that a company that has not made oil explorations in the Black Sea yet applied for oil exploration there. The world’s leading companies, such as Petrobas, Chevron and ExxonMobil, have drilled in the Black Sea. 
On the other hand, the Shell CEO said the company was working on the other side of Black Sea, but they would like to also work on the Turkish side, during his meeting with Yıldız and Prime Minister Recep Tayyip Erdoğan in September 2012. Moreover, Shell Turkey’s CEO recently stressed their interest in the Black Sea.Shell has been conducting gas and oil exploration with TPAO in Turkey in the southeastern provinces of Batman and Diyarbakır, the central Anatolian province of Sivas as well as off the Mediterranean shore.
A renewed Turkey in energy sectorYıldız stated Turkey should urgently renew its aging power stations and grids, adding that electricity meters that have operated for ten years will be renewed and the cost will not be reflected on consumers, Anatolia news agency reported yesterday.
“We cannot allow Turkey to have stations and grids used for 30 or 35 years in 2023. Turkey should be renewed completely in the energy sector in 2023,” he said.
Meanwhile, Yıldız stated that TPAO would continue its work in Libya despite the country’s rising internal disorder. TPAO applied for new search fields during its visit to Libya two weeks ago, Hurriyet Daily News report.


LATEST NEWS ON BALKANS.COM

Related News in English

Povezane vesti na srpskom

Συναφείς Ειδήσεις στα Ελληνικά

Email