Türkiye’s national energy company Turkish Petroleum (TPAO) and British energy giant bp have signed a memorandum of understanding (MoU) aimed at strengthening cooperation in oil and natural gas projects, including potential joint activities in Iraq, Energy and Natural Resources Minister Alparslan Bayraktar announced on Thursday.

Türkiye’s state-owned Turkish Petroleum Corporation (TPAO) has secured two exploration blocks — one onshore and one offshore — in Libya’s first oil and gas licensing round in 17 years.

Türkiye’s national energy company Turkish Petroleum (TPAO) and US energy major Chevron have signed a memorandum of understanding to assess potential cooperation in oil and natural gas exploration and production, Türkiye’s energy and natural resources minister said on Thursday.

bp, SOCAR, and the Turkish Petroleum Corporation (TPAO) have signed multiple agreements that allow TPAO to join the Production Sharing Agreement (PSA) for the Shafag-Asiman offshore block, located in Azerbaijan’s sector of the Caspian Sea.

Türkiye’s state-run Turkish Petroleum Corporation (TPAO) and Hungary’s MOL have signed an agreement to launch joint oil and natural gas exploration and production at two sites in Hungary.

By Asif Aydinly

Türkiye's state-owned Turkish Petroleum Corporation (TPAO) is ready to invest in Libya's energy sector, banking on the country’s vast untapped resources, General Manager Ahmet Turkoglu said Sunday.

Turkey has received its first floating production, storage and offloading unit (FPSO), which is expected to begin operations at the Sakarya gas field in the Black Sea in 2026, Turkey's Minister of Energy and Natural Resources A. Bayraktar said, News.Az reports.