Turkish Petroleum Corporation

Turkey to retaliate against Greek Cyprus’ plan to arrest its drilling personnel

Turkey has protested over the Greek Cyprus' decision to issue international arrest warrants for crew members of Turkish drilling vessel "Fatih" and officials at firms partnered with state-owned Turkish Petroleum Corporation (TP) and vowed to retaliate by taking legal action on the matter.

Cyprus: 4-5 drillings in the next 12 months

Cyprus will have a clear picture of its subsea natural resources by the end of next year during which four or five drills are expected according to Energy Minister Yiorgos Lakkotrypis.

Speaking to the House Finance committee on Monday Lakkotrypis informed the MPs that the government is currently waiting to be informed by Italian energy giant ENI on its planned drilling dates.

No quick fix to Cyprus talks

Expectations for a quick fix to the crisis in the Cyprus talks process appear to have come to a dead end. Turkey is reiterating that under no condition will it agree to abandon support for the equal partnership rights of the Turkish Cypriot people on - as well as off - the island, with the Greek Cypriots.

Erdogan says Barbaros to stay in Cyprus EEZ until energy deal is reached

Turkish President Recep Tayyip Erdogan on Thursday pledged to protect the rights of Turkish Cypriots to have a share of the gains from any hydrocarbon discoveries made inside Cyprus’s Exclusive Economic Zone (EEZ) as he announced plans to set up a drilling platform off the island’s coast.

Oil deal in Iraq should be example for Cyprus: Turkish President Erdoğan

The recent internal agreement between Baghdad and Arbil should set an example for sharing potential energy resources off Cyprus, Turkish President Recep Tayyip Erdoğan has said, vowing that Turkey will never abandon the rights of Turkish Cypriots in the Eastern Mediterranean.

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