Türkiye Petrolleri Anonim Ortaklığı
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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 ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ...
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Black Sea
The Black Sea is a marginal mediterranean sea of the Atlantic Ocean lying between Europe and Asia, east of the Balkans, south of the East European Plain, west of the Caucasus, and north of Anatolia. It is bounded by Bulgaria, Georgia, Romania, Russia, Turkey, and Ukraine. The Black Sea is supplied by major rivers, principally the Danube, Dnieper, and Don. Consequently, while six countries have a coastline on the sea, its drainage basin includes parts of 24 countries in Europe. The Black Sea covers (not including the Sea of Azov), has a maximum depth of , and a volume of . Most of its coasts ascend rapidly. These rises are the Pontic Mountains to the south, bar the southwest-facing peninsulas, the Caucasus Mountains to the east, and the Crimean Mountains to the mid-north. In the west, the coast is generally small floodplains below foothills such as the Strandzha; Cape Emine, a dwindling of the east end of the Balkan Mountains; and the Dobruja Plateau considerably ...
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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 ...
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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 ...
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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 ...
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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 ...
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Russia
Russia (, , ), or the Russian Federation, is a transcontinental country spanning Eastern Europe and Northern Asia. It is the largest country in the world, with its internationally recognised territory covering , and encompassing one-eighth of Earth's inhabitable landmass. Russia extends across eleven time zones and shares land boundaries with fourteen countries, more than any other country but China. It is the world's ninth-most populous country and Europe's most populous country, with a population of 146 million people. The country's capital and largest city is Moscow, the largest city entirely within Europe. Saint Petersburg is Russia's cultural centre and second-largest city. Other major urban areas include Novosibirsk, Yekaterinburg, Nizhny Novgorod, and Kazan. The East Slavs emerged as a recognisable group in Europe between the 3rd and 8th centuries CE. Kievan Rus' arose as a state in the 9th century, and in 988, it adopted Orthodox Christianity from t ...
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Iraq
Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to the north, Iran to the east, the Persian Gulf and Kuwait to the southeast, Saudi Arabia to the south, Jordan to the southwest and Syria to the west. The capital and largest city is Baghdad. Iraq is home to diverse ethnic groups including Iraqi Arabs, Kurds, Turkmens, Assyrians, Armenians, Yazidis, Mandaeans, Persians and Shabakis with similarly diverse geography and wildlife. The vast majority of the country's 44 million residents are Muslims – the notable other faiths are Christianity, Yazidism, Mandaeism, Yarsanism and Zoroastrianism. The official languages of Iraq are Arabic and Kurdish; others also recognised in specific regions are Neo-Aramaic, Turkish and Armenian. Starting as early as the 6th millennium BC, the fertile alluvial plains between Iraq's Tigris and Euphrates ...
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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 ...
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Baku–Tbilisi–Ceyhan Pipeline
The Baku–Tbilisi–Ceyhan (BTC) pipeline is a long crude oil pipeline from the Azeri–Chirag–Gunashli oil field in the Caspian Sea to the Mediterranean Sea. It connects Baku, the capital of Azerbaijan and Ceyhan, a port on the south-eastern Mediterranean coast of Turkey, via Tbilisi, the capital of Georgia. It is the second-longest oil pipeline in the former Soviet Union, after the Druzhba pipeline. The first oil that was pumped from the Baku end of the pipeline reached Ceyhan on 28 May 2006. History Planning The Caspian Sea lies above one of the world's largest collections of oil and gas fields. As the sea is landlocked, transporting oil to Western markets is complicated. During Soviet times, all transportation routes from the Caspian region were through Russia. The collapse of the Soviet Union inspired a search for new routes. Russia first insisted that the new pipeline should pass through its territory, then declined to participate. In the spring of 1992, the Turki ...
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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 del ...
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