Saudi Aramco has engaged in discussions with numerous Turkish contractors to explore potential projects worth $50 billion in Saudi Arabia, according to a Bloomberg report last week Representatives from around 80 construction companies met with Aramco executives in Ankara to discuss pre-qualification for upcoming projects scheduled until 2025, Erdal Eren, head of the Turkish Contractors […]
Turkey
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Turkey announces largest-ever onshore discovery
Turkish Petroleum (TPAO) has made the largest crude oil discovery onshore Turkey with a find estimated to hold 1 billion barrels of crude, the company said. The discovery was made in the southeastern province of Sirnak, which borders the semi-autonomous Kurdistan Region in Iraq and Syria. Turkish Petroleum has drilled an exploration well and has encountered […]
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Stop ‘bullying’ Saudi Arabia over OPEC cuts, Turkish foreign minister tells US
Turkish Foreign Minister Mevlut Cavusoglu said on Friday it was not right for the United States to “bully” Saudi Arabia after OPEC+ oil producers announced production cuts earlier this month, defying Biden’s pleas. “We see that a country has threatened Saudi Arabia, especially recently. This bullying is not correct,” Cavusoglu said at a news conference in southern Turkey. President Joe Biden […]