TPAO Looking for Joint Venture Parnters in its Black Sea Deepwater Blocks


TPAO Well Blocks
(Click to Enlarge)
TPAO OFFERING JOINT VENTURE OPPORTUNITIES FOR ITS BLACK SEA DEEPWATER BLOCKS.

TPAO invites international oil & gas companies a farm-out opportunity in blocks located offshore Turkey in the Western & Central Black Sea, for licences registered as AR/TPO/3920, AR/TPO/3921 and AR/TPO/3922 separately. "We would like to explore these blocks together, so there will be a farm out process as outlined on our web site."

Once again, TPAO welcomes international oil & gas companies for these exiciting Black Sea exploration opportunities.

You may also visit their web site TPAO for more information.

Contact Information:

Gundogan COSKUN
TPAO
Exploration Projects Manager
Eastern Black Sea
Phone : (+90-312) 2869100 / 2896
Fax : (+90-312) 2869049
Email: gcoskun@petrol.tpao.gov.tr

In other parts of the offshore Turkish Black Sea TPAO and its joint venture partners have intensified exploration & development activities since 2002. Currently, the TPAO/Madison/Stratic joint venture is developing a shallow water gas field discovered in 2004 near Akcakoca in the Western Black Sea, and the plan is to be on stream by the middle of 2006. In the mean time TPAO/BP/Unocal (Chevron) venture is exploring in the Eastern Black Sea, and the partnership is currently drilling the first deepwater well in this basin. TPAO/BP/Unocal (Chevron) venture joined Anadarko a couple of moths ago to intensify the exploration activities in Georgian sector of the Eastern Black Sea.

TPAO also has been running its own exploration programs in adjacent deepwater blocks to unlock the potential of the Black Sea frontier basins. Over these large deepwater blocks good quality 2D seismic programs (14 000 km in 2004 and 15 000 km in 2005) have been completed or will be completed in 2005, and the company is planning to acquire 3D seismic data within 2006 to prepare drilling programs for testing some of its prospects/plays identified by 2D seismic data.

The Black Sea, overall, is becoming a new area of focus for E&P companies. TPAO's farm-out invitation may create the right joint ventures to create another "Caspian" in the region.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Global Business Development Manager
Expertise: Business Development
Location: Houston, TX
 
United States Canonsburg: Proposals Specialist
Expertise: Business Development|Marketing|Sales
Location: Canonsburg, PA
 
Senior Land Professional Job
Expertise: Landman|Lease Analyst
Location: Oklahoma City, OK
 
search for more jobs

Brent Crude Oil : $51.46/BBL 4.63%
Light Crude Oil : $48.9/BBL 4.78%
Natural Gas : $3.18/MMBtu 0.90%
Updated in last 24 hours