Turkish Petroleum Company

OpenCalais Metadata: Ticker

TUPRS

OpenCalais Metadata: LegalName

TÜRKİYE PETROL RAFİNERİLERİ ANONİM ŞİRKETİ

Athens not concerned by Turkish drillship mission

Turkish Energy Minister Alparslan Bayraktar has announced a new mission in the Mediterranean of the Abdulhamid Han drillship, which is the latest addition to the Turkish Petroleum Company's (TPAO) exploration fleet.

Given that it will operate within an area of Turkish jurisdiction, Athens is not concerned, and it will not affect the Greek-Turkish rapprochement. 

Lukewarm reaction to EU sanctions on Turkey

A first discussion will take place Wednesday in Brussels regarding a number of EU sanctions on Turkey following a call by Cyprus for EU solidarity after Turkish drilling activities off Cyprus.

The measures will likely be agreed Wednesday at a meeting of EU envoys and aproved by EU foreign ministers when they meet in Brussels next week.

Cyprus takes legal action against firms encroaching its EEZ

Cyprus has initiated legal proceedings against three companies involved in gas drilling by Turkey to the west of the island for encroaching on the island's continental shelf, a senior Foreign Ministry official said on Tuesday. Officials declined to name the companies, but said they were not Turkish.

Turkish ship to begin drilling for gas in Eastern Mediterranean

The Turkish drillship Fatih was to set sail on Thursday from the Gulf of Izmit for the eastern Mediterranean to begin exploration for oil and gas. 

The state-run Turkish Petroleum company said that the first stop by the Fatih - formerly known as DeepSea Metro-II - will be Antalya on the southwestern coast of Turkey, but it did not clarify where exactly it intends to start drilling.