Eni, Calik Sign Deal with IOCL for Possible Partnership

Eni and Calik signed an agreement with Indian Oil Company Limited (IOCL) regarding its possible participation in the Turkish Straits bypass project along the Samsun-Ceyhan route.

This route is, in fact, considered the most convenient one from a commercial, environmental and technical point of view.

IOCL is India's largest company by sales as well as the flagship national oil company in the downstream sector.

IOCL's keen interest in the project is a demonstration of the growing interest of investors to join this strategic transportation initiative.

The construction of this infrastructure would allow most of the Caspian crude oil production to securely and economically access the Mediterranean Sea, thereby contributing to make the navigation in the Turkish Straits safer and to protect such a sensitive ecosystem.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Business Development Director - Midstream Services
Expertise: Business Development|Operations Management
Location: Houston, TX
Case Specialist II Job
Expertise: Business Analyst|Legal|Regulatory Compliance
Location: Denver, CO
United States Houston: Senior Product Champion
Expertise: Business Development|Marketing|Sales
Location: Houston, TX
search for more jobs

Brent Crude Oil : $55.45/BBL 0.99%
Light Crude Oil : $52.37/BBL 1.20%
Natural Gas : $3.42/MMBtu 0.88%
Updated in last 24 hours