Turkish Petroleum, Chevron Forge Energy Partnership
"With this Memorandum of Understanding, we aim to develop joint projects both in Türkiye and on an international scale," Alparslan Bayraktar stated on Turkish social media platform NSosyal.
Bayraktar noted that these international ventures would complement ongoing operations in the Gabar field in southeastern Türkiye, as well as activities in the Black Sea. He also emphasized that the collaboration would support Turkish Petroleum’s ambition of transforming into a global company capable of producing 1 million barrels.
"We will soon sign new agreements for different international partnerships and share the concrete projects we have implemented with our nation," he added.
This latest accord comes after a previous memorandum of understanding between Turkish Petroleum and ExxonMobil’s subsidiary, ESSO Exploration International Limited. That earlier agreement focused on new exploration zones in the Black Sea and the Mediterranean, along with other prospective areas.
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