10/8/2008

TPAO to search oil in the Mediterranean

/Style%20Library/Invest/images/news.png
AA- The Turkish Petroleum Corporation (TPAO) is searching for oil in the Mediterranean Sea. Expecting to find valuable oil fields in the region, TPAO will initiate seismic exploration over a 5,000 square kilometer area during the second half of this month. An official from TPAO said they will take action as soon as they get a positive reading indicating the presence of oil. He said they will have to find partners for further exploration in the region.

Explore Türkiye's Strategic Investment Ecosystem

Powerhouse

Türkiye is the Global Powerhouse for Investments.

Discover Now

FDI Strategy

Access Türkiye's roadmap for high-quality FDI.

View Now

Start in Türkiye

Explore funding opportunities in Türkiye.

View Now

FDI Glossary

Unlock key FDI concepts and policies.

Discover Now