Turkey confirms plans to drill northwest of Cyprus

by on 26 February 2019

Τurkey’s state upstream operator Turkish Petroleum (TPAO) plans to drill northwest of Cyprus, starting not before the summer, company chairman and CEO Melih Han Bilgin said Tuesday.

Bilgin confirmed to S&P Global Platts that the company had no plans to begin drilling south of the island next month, as Turkish Foreign Minister Mevlut Cavusoglu was reported as saying last week

Bilgin confirmed that TPAO’s survey ship Barbaros Hayreddin Pasa is currently surveying in the waters south of Cyprus in the region of Cyprus’ exploration blocks 8,9 and 12 but added that the seismic data recovered would take many months to analyse and the company’s immediate plans were for drilling to start northwest of the island.

Once it has completed work south of the island, the ship will move to the west to continue surveying there, he said.

A second Turkish survey vessel, the MTA Oruc Reis has also surveyed within the Exclusive Economic Zones (EEZ) claimed by Cyprus in 2017.

The maritime zone to the northwest of Cyprus is within the EEZs claimed by both Cyprus and Turkey and has not previously been drilled.

Author  David O’Byrne

Editor    Jonathan Loades Carter

spglobal.com