North Cyprus News | Online News for North Cyprus

Deepwater Drilling Offshore Cyprus Starts 2018

Deepwater Drilling Offshore Cyprus Starts 2018

November 03
17:19 2017

Turkey will undertake its first deepwater drilling operations in the Mediterranean in 2018, with its first drilling vessel, Turkish Energy and Natural Resources Minister Berat Albayrak has said. Turkish state-owned petroleum company TPAO recently purchased a state-of the-art Korean-made drilling ship DeepSea Metro 2 for 200 million dollars.

The Turkish energy minister who was addressing the 7th International Natural Gas Congress and Fair (INGAS 2017) added that in the meantime, Turkey will “Continue our seismic work with our two vessels,” and addressed rumours that untapped reserves of natural gas have been discovered by Turkey even before drilling began.

Minister Albayrak continued, “Nobody should think that the Mediterranean Sea is their own sea, their own wealth. Turkey will continue seismic exploration activities either in our exclusive economic zone, in line with international law, or in the licensed areas of the TRNC.

Turkish state-owned petroleum company TPAO recently purchased Korean-made drilling ship DeepSea Metro 2 for 200 million dollars.

TRNC Public Information Office, Dunya.com

 

Local Weather

Kyrenia, Cyprus
15°
16°
Sat
17°
Sun
16°
Mon
15°
Tue
Weather from OpenWeatherMap

Lira Exchange Rates

USD
USD
3.8036
EUR
EUR
4.6469
GBP
GBP
5.2760

Upcoming Events

  1. Whirling Dervish

    January 19
  2. North Nicosia Walking Tour

    January 19
  3. RBL Quiz Night

    January 19
  4. Lemar Market

    January 19 @ 6:00 pm - 10:00 pm