Trillion Energy, a Canadian oil company focused on the Black Sea region, is working to boost production from its SASB gas fields in the Black Sea, offshore Turkey.The South Akcakoca Gas-Basin “SASB” gas fields first started production between 2007 and 2011 and have produced a total of 41…
Turkey may begin oil exploration in the eastern Mediterranean within three or four months under a deal it signed with Libya that was condemned by others in the region including Greece, Energy Minister Fatih Donmez said on Friday.Libya's internationally…
Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy's foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said.The deal follows months of tensions in the Eastern Mediterranean region over natural resources…
The European Union has imposed sanctions against two persons for their involvement in Turkey's offshore drilling activities near the Cyprus coast in the Eastern Mediterranean.'Today, the [European] Council has placed two persons under restrictive…
Turkish President Tayyip Erdogan has reportedly confirmed that the country, through its national oil company TPAO, has expanded its offshore drilling fleet with another drillship.TPAO has been using its two drillships the Fatih and the Yavuz – bought in 2017…
Turkey called on Sunday for the European Union to end what it said was the bloc's prejudice against Turkish Cypriots, defending its launch of a fresh round of hydrocarbons drilling off the Mediterranean island.Turkey began drilling for oil and gas near Cyprus last year despite warnings from the EU…
Cyprus is blocking new European Union sanctions against several officials from Russia-annexed Crimea in a bid to secure EU backing for tougher action against Turkey in a separate row over drilling for hydrocarbons, three diplomatic sources said…
Russian gas giant Gazprom has supplied its first billion cubic meters of gas via the TurkStream gas pipeline in the Black Sea, just weeks after the official opening.Of that amount, about 54 percent went to the Turkish gas market and some 46 percent was delivered to the Turkey-Bulgaria border…
Turkish President Tayyip Erdogan said on Monday that Somalia had invited Turkey to explore for oil in its seas, after Ankara signed a maritime agreement with Libya last year, broadcaster NTV reported. Turkey has been a major source of aid to…
Greece's Prime Minister said in remarks published on Sunday that if Athens and Ankara cannot solve their dispute about maritime zones in the Mediterranean they should turn to the International Court of Justice (ICJ) in The Hague to settle the disagreement…
Israel opposes an accord signed last month between Libya and Turkey mapping out maritime boundaries in the eastern Mediterranean, but the deal was unlikely to lead to a conflict with Turkey, Israel's foreign minister said on Monday.The deal…
Turkey and Libya could work with international companies to search for oil and gas in the eastern Mediterranean, Turkish President Tayyip Erdogan said on Sunday, following a deal between Ankara and the Tripoli-based government on maritime borders…
A Turkish drone meant to help seek hydrocarbons in the eastern Mediterranean landed at an airport on the divided island of Cyprus on Monday, a Turkish official said, in a move that could further stoke tensions between Turkey and Greece.The breakaway…
Libya's internationally recognized government and Turkey have signed an agreement on maritime boundaries in the Mediterranean Sea that could complicate Ankara's disputes over energy exploration with other countries.Turkey, which announced the…
Cyprus has petitioned the International Court of Justice (ICJ) in The Hague to safeguard its offshore mineral rights, its president said on Thursday, upping the ante with neighbor Turkey which disputes its claims.Cyprus's internationally recognized…