The two countries this week signed an agreement at the 2025 Pakistan Minerals Investment Forum in Islamabad to jointly bid on 40 offshore blocks. A bidding round for the granting of exploration licenses for the blocks, located in the Makran and Indus basins, was announced by the Pakistan government in February.
Turkmenistan is trying to shed its long-standing image as a hermit kingdom, at least when it comes to natural gas exports. Over the past few months, Ashgabat has gone on a deal-making binge that, over the long term, could significantly alter the European Union’s energy-import pattern.
Records show that international oil companies including Chevron, Eni, ExxonMobil and Shell began exploring in Somalia in the 1950s but stopped when the country plunged into civil war in early 1991.
Iraq-Turkey pipeline shut since March 2023
Baghdad: around 225,000 bpd being produced without its oversight
APIKUR says terms of current contracts must be maintained
US encourages restart, State Dept. spokesperson says
Somalia and Turkey have announced the signing of a deal to explore for oil and gas that further strengthens cooperation between the two countries, according to officials from both countries.
BAGHDAD, Aug 22 (Reuters) – Iraq’s oil minister and his Turkish counterpart did not reach an agreement to immediately resume Iraq’s northern oil exports but agreed to hold more talks in the future, said two energy sources with knowledge of the ministers’ meeting in Ankara on Tuesday.
Trillion Energy International has announced recompletion of the West Akcakoca-1 gas well resulting in an increase of production to 5.3 MMcf/d at the SASB gas field, offshore Turkey. Two additional gas bearing intervals, 3,561.5 to 3,564.5 metres MD (measured depth) and 3,498.5 to 3,501.5 metres MD, for a total of 6 metres were perforated and put onto production at about 5.3 […]
Kalyon Insaat has been awarded a $546 million contract to construct a 188.46-mile (303.3 kms) gas pipeline in Romania.
Following several major oil discoveries in recent months, Turkey is optimistic about its energy potential
LONDON — Turkish Petroleum Corp. (TPAO) has started production from Phase 1 of the deepwater Sakarya field development in the Black Sea.