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TPAO
Türkiye Petrolleri Anonim Ortaklığı (TPAO) (Turkish Petroleum Corporation) was founded in 1954 by Law No. 6327 with the responsibility of being involved in hydrocarbon exploration, drilling, production, refinery and marketing activities of oil and gas in Turkey as the national company. Being an important actor of the national economy, TPAO achieved many “firsts” of the Turkish oil industry. The company, its history reaching back over a half century, has given rise to seventeen major companies, including Petkim, Tüpraş and POAŞ to Turkey. Until 1983, as an integrated oil company, it was engaged in all the activity fields of oil industry from exploration to production, refinery, marketing and transportation. Today, TPAO is a national oil company involved in merely upstream (exploration, drilling, well completion and production) sector. Operations The core activities of TPAO are: * Exploration, drilling, production and well completion * Natural gas storage * Participa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Türkiye Petrolleri Anonim Ortaklığı
Türkiye Petrolleri Anonim Ortaklığı (TPAO) (Turkish Petroleum Corporation) was founded in 1954 by Law No. 6327 with the responsibility of being involved in hydrocarbon exploration, drilling, production, refinery and marketing activities of oil and gas in Turkey as the national company. Being an important actor of the national economy, TPAO achieved many “firsts” of the Turkish oil industry. The company, its history reaching back over a half century, has given rise to seventeen major companies, including Petkim, Tüpraş and POAŞ to Turkey. Until 1983, as an integrated oil company, it was engaged in all the activity fields of oil industry from exploration to production, refinery, marketing and transportation. Today, TPAO is a national oil company involved in merely upstream (exploration, drilling, well completion and production) sector. Operations The core activities of TPAO are: * Exploration, drilling, production and well completion * Natural gas storage * Particip ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
RV Barbaros Hayreddin Paşa
The RV ''Barbaros Hayreddin Paşa'' is a Turkish seismographic research/survey vessel owned and operated by the Turkish Petroleum Corp. (TPAO). Built in Dubai, United Arab Emirates (UAE) and launched in 2011, she was purchased in 2013 and renamed in honor of the renowned Ottoman Navy admiral Barbarossa Hayreddin Pasha (1478–1546). History The ship was built at Drydocks World Dubai for Polarcus, a Dubai-based marine geophysical company in the UAE. She was launched on 16 February 2011 joining the company's same class fleet as the fourth vessel, and was christened ''Polarcus Samur'' for Arabic female given name meaning "swift, fleet". She was delivered on 2 March 2011, commissioned under the flag of the Bahamas and sailed to its first mission to serve for Namibia in charter. The ship was acquired in December 2012 by the Turkish state-owned oil and gas company TPAO to an amount of US$130 million for use in marine seismographic surveys, Minister of Energy and Natural ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil And Gas In Turkey
Petroleum, Oil and Natural gas, gas each supply over a quarter of Energy in Turkey, Turkey's energy. As Turkey produces little oil and gas the country's Current account deficit, imports cost more than its exports, which is a problem for Economy of Turkey, the economy. However Sakarya gas field, a large gas field in the Black Sea is expected to start production in 2023. The country consumes 50 to 60 billion cubic metres of natural gas each year, almost half of which is imported from Gas in Russia, Russia. Gas storage capacity is being increased. Over 80% of the population have access to natural gas, and it supplies half of the country's heating requirements. Households buy the most gas, followed by industry and power stations. As the state owned oil and gas wholesaler BOTAŞ has 80% of the gas market, the government can and does subsidize residential and industrial gas customers. All industrial and commercial customers, and households using a lot of gas, can switch suppliers. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yavuz (drillship)
''Yavuz'', ex ''Deepsea Metro I'', is a Turkey-flagged ultra deepwater drillship owned and operated by the state-owned Turkish Petroleum Corporation (TPAO). She is Turkey's second drillship. Name Yavuz means "Resolute" in Turkish. The three drillships of the state-owned Turkish gas company, Fatih, Yavuz and Kanuni, are named after the most famous conquerors and rulers of the Ottoman Empire: Mehmed I, Turkish: Fatih Sultan Mehmet, Mehmed the Conqueror, who conquered Constantinople in 1453; Selim I (r. 1512-1520), known as Selim the Resolute, Turkish: Yavuz Sultan Selim, who hugely expanded his empire; and Suleiman the Magnificent (r. 1520-1566), known in Turkish as Kanunî Sultan Süleyman ("the Lawgiver"), under whom the empire reached its apex. History The ship was designed by SBM Offshore subsidiary GustoMSC and built by the Hyundai Heavy Industries, Ulsan at Ulsan Shipyard in South Korea in July 2011, and christened ''Deepsea Metro I''. Flagged Bermuda (2011-2018) and the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fatih (drillship)
''Fatih'', ex ''Deepsea Metro II'', is a Turkey-flagged sixth generation ultra deepwater drillship owned and operated by the state-owned Turkish Petroleum Corporation (TPAO). She is Turkey's first drillship. Name Fatih means "Conqueror" in Turkish. The three drillships of the state-owned Turkish gas company, Fatih, Yavuz and Kanuni, are named after the most famous conquerors and rulers of the Ottoman Empire: Mehmed I (r. 1444-1446, 1451-1481), Turkish: Fatih Sultan Mehmet, Mehmed the Conqueror, who conquered Constantinople; Selim I (r. 1512-1520), known as Selim the Resolute, Turkish: Yavuz Sultan Selim, who hugely expanded his empire; and Suleiman the Magnificent (r. 1520-1566), known in Turkish as Kanunî Sultan Süleyman ("the Lawgiver"), under whom the empire reached its apex. History ''Fatih'' was built by Hyundai Heavy Industries in Ulsan, South Korea at a cost of nearly US$ 860 million, and launched on 25 November 2011. Initially named ''Deepsea Metro II'', she was ow ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abdülhamid Han (drillship)
''Abdülhamid Han'' (ex ''Cobalt Explorer'') is a Turkey-flagged seventh-generation ultra deepwater drillship owned and operated by the Turkish Petroleum Corporation. She is Turkey's fourth drillship. History The US oil and gas company Vantage Drilling International ordered the construction of the drillship in 2013, and prepaid US$59.5 million. She was built in 2014 by Daewoo Shipbuilding & Marine Engineering (DSME) at its shipyard in Okpo, Geoje, South Korea, and christened ''Cobalt Explorer''. In August 2015, the construction deal was terminated by DSME due to contract breach by Vantage Drilling. The ship was worth about US$600 million at that time. In May 2019, the Norwegian company Northern Drilling had an option to acquire ''Cobalt Explorer''. The price of the ship had fallen to about US$350 million. She was renamed ''West Cobalt''. However, the deal was cancelled in October the same year by the offshore driller due to fundamental breach of contract. The state-owned oil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shah Deniz Gas Field
Shah Deniz gas field ( az, Şahdəniz) is the largest natural gas field in Azerbaijan. It is situated in the South Caspian Sea, off the coast of Azerbaijan, approximately southeast of Baku, at a depth of . The field covers approximately . Stretching out over 140 square kilometres, the reservoir is similar in size and shape to Manhattan Island. It is considered to be a founding link for the Southern Gas Corridor, aiming to bring additional and alternative natural gas volumes to EU member countries. History The Agreement on “the Exploration, Development, and Production Sharing (PSA)” for Shah Deniz area was signed between SOCAR and some oil companies of foreign countries on June 4, 1996. Azerbaijani Parliament confirmed the document of “the Exploration, Development, and Production Sharing (PSA)” on October 4, 1996. The Shah Deniz gas and condensate field was discovered in 1999. “An Intergovernmental” Agreement and a “Sale and Purchase” Agreement were signed by de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kanuni (drillship)
''Kanuni'' (ex ''NS37/ Sertão'') is a Turkey-flagged sixth-generation ultra deepwater drillship owned and operated by the Turkish Petroleum Corporation. She is Turkey's third drillship. Name Kanuni means "law-related", "legal" in Turkish and can be used in a wider range of related meanings. The word derives from Arabic قَانُون (qānūn), which comes from Ancient Greek κανών (kanṓn). The three drillships of the state-owned Turkish gas company, Fatih, Yavuz and Kanuni, are named after the most famous conquerors and rulers of the Ottoman Empire: Mehmed II, Turkish: Fatih Sultan Mehmet, Mehmed the Conqueror, who conquered Constantinople in 1453; Selim I (r. 1512-1520), known as Selim the Resolute, Turkish: Yavuz Sultan Selim, who hugely expanded his empire; and Suleiman the Magnificent (r. 1520-1566), known in Turkish as Kanunî Sultan Süleyman ("the Lawgiver"), under whom the empire reached its apex. History The ship was built in three years by Samsung Heavy Ind ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turkey Wealth Fund
Turkey Wealth Fund (TWF) ( Turkish: ''Türkiye Varlık Fonu, TVF'') is a $33 billion sovereign wealth fund founded in August 2016 owned by Government of Turkey. The fund is operated with "Strategic Investment Plan", which was approved by the Cabinet. Companies and assets formerly owned by state institutions, shall be eligible to be transferred to the fund and sub-funds shall be able to created if viewed appropriate. History TWF is founded officially on 26 August 2016. According to the law published, chairman, CEO and board members were appointed by the Prime Minister. In November 2016, PM Binali Yıldırım appointed board members and Mehmet Bostan as CEO. On 6 February 2017, it was announced that Ziraat Bankası, Turkish Airlines, TÜRKSAT, BOTAŞ, PTT, BİST, TPAO, Türk Telekom (6,68%), Eti Maden, Çaykur have been handed over to TWF. In addition to the companies, 3 billion liras worth Defense Industry Support Fund (Turkish: ''Savunma Sanayii Destekleme Fonu'') were tra ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turkey
Turkey ( tr, Türkiye ), officially the Republic of Türkiye ( tr, Türkiye Cumhuriyeti, links=no ), is a list of transcontinental countries, transcontinental country located mainly on the Anatolia, Anatolian Peninsula in Western Asia, with a East Thrace, small portion on the Balkans, Balkan Peninsula in Southeast Europe. It shares borders with the Black Sea to the north; Georgia (country), Georgia to the northeast; Armenia, Azerbaijan, and Iran to the east; Iraq to the southeast; Syria and the Mediterranean Sea to the south; the Aegean Sea to the west; and Greece and Bulgaria to the northwest. Cyprus is located off the south coast. Turkish people, Turks form the vast majority of the nation's population and Kurds are the largest minority. Ankara is Turkey's capital, while Istanbul is its list of largest cities and towns in Turkey, largest city and financial centre. One of the world's earliest permanently Settler, settled regions, present-day Turkey was home to important Neol ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Northern Marmara And Değirmenköy (Silivri) Depleted Gas Reservoir
Northern Marmara and Değirmenköy (Silivri) Depleted Gas Reservoir ( tr, Kuzey Marmara ve Değirmenköy Sahaları Yeraltı Doğalgaz Depolama Tesisleri) are underground natural gas storages inside depleted gas fields in Istanbul Province, northwestern Turkey. Combined, it is the country's first underground natural gas storage facility. One of the storage facilities is situated inside a depleted gas field undersea in northern Marmara Sea and the other is in neighboring Değirmenköy, a town in Silivri district of Istanbul Province. Both sites were suitable due to their proximity to Istanbul and to the gas pipeline of BOTAŞ. Northern Marmara Gas Field Northern Marmara Gas Field was discovered in 1988 in an area west of Silivri and far off the coast at a depth of . To determine the size of the natural gas reserve, which is the first undersea natural gas reserve in Turkey, three offshore boreholes in 1995 and two more were drilled in 1996. Natural gas production started in Septemb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South Caucasus Pipeline
The South Caucasus Pipeline (also known as Baku–Tbilisi–Erzurum Pipeline, BTE pipeline, or Shah Deniz Pipeline) is a natural gas pipeline from the Shah Deniz gas field in the Azerbaijan sector of the Caspian Sea to Turkey. It runs parallel to the Baku–Tbilisi–Ceyhan pipeline (oil). History On 21 May 2006, the commissioning gas was pumped to the pipeline from the Sangachal Terminal. First deliveries through the pipeline commenced on 30 September 2006. Deliveries of gas from Shah Deniz gas field started on 15 December 2006. On 12 August 2008, the pipeline operator BP closed the pipeline for safety reasons because of the South Ossetia conflict. Gas supplies were resumed on 14 August 2008. Description The diameter gas pipeline runs through the same corridor as the Baku–Tbilisi–Ceyhan pipeline until Erzurum, where BTC turns south to the Mediterranean. It is long, of which is in Azerbaijan and in Georgia. The initial capacity of the pipeline was of gas per ye ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
