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Friday 19th of April 2024, 12:49 CET |
| BP and Turkish Oil to search for oil in Black Sea |
July 8, 2003
Turkish Press
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Posted by HW on April 19, 2024
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Agreement
Turkish Oil Corp. (TPAO) signed an agreement with British oil firm BP to search for oil in the Black Sea.
Research
A statement of Energy and Natural Resources Ministry said on Tuesday that BP carried out geological and geophysical sea researches in the region and concluded 8,498-kilometer seismic, gravity and magnetic works.
At the end of studies, it was decided to drill two wells in 4 thousand meters depth from the base of the sea, the statement noted.
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Exploration ship
The statement said that Norwegian-flagged R/V Ramform Challenger, an oil exploration ship, would come to Istanbul in the following week.
The ship which will anchor off Haydarpasa will later set sail to the Black Sea and determine the places of oil beds and the wells.
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