Turkey

Deutsche Bank to support Botas in LNG purchases
German investment bank Deutsche Bank and Turkish state-owned LNG company Botas have finalised a $927 million three-year loan for LNG purchases.

Amid high fossil fuel prices, renewable power saves around $55 bln, says IRENA
IRENA believes that renewables are crucial to breaking away from volatile fossil fuel prices and tackling energy security & climate change.

WoodMac: Seven giant oil players have what it takes to keep up output for 40-60 years
With two-thirds of global resources in their hands, seven NOCs own the lion’s share of remaining discovered oil & gas resources.

Acta Marine orders methanol-powered CSOVs
The Netherlands-based maritime support provider Acta Marine has signed a contract for the construction of two next-generation, Methanol MDO/HVO powered DP2 Construction Service Operating Vessels (CSOVs) at the Tersan Shipyard in Turkey. Acta Marine has also reserved options for two additional CSOVs

Historic moment for Türkiye as first pipes for giant gas project go into the sea
Türkiye’s national oil and gas company TPAO has started laying pipes in the Black Sea as part of its giant Sakarya gas field project development. TPAO has also named its fourth drillship.

Saipem vessel coming to work on ‘one of the largest energy projects ever in Turkey’
Saipem and its pipelay vessel are preparing to begin working for Turkish oil and gas company TPAO on the giant gas development in the Black Sea.

Eni goes full speed ahead with drilling plans off Cyprus
Following the arrival of a Vantage Drilling-owned drillship from Egypt, Eni and TotalEnergies are kicking off drilling operations offshore Cyprus.

Turkey welcomes arrival of fourth drillship
Following a recent report that Turkey is about to welcome the fourth addition to its fleet of drillships, the vessel has now arrived in Turkey.

Jack-up rig hired for drilling on gas field offshore Turkey
Trillion Energy has signed a definitive offshore drilling services contract with GSP to secure a jack-up rig for a campaign offshore Turkey.

Turkey awaits arrival of fourth drillship to prepare for next drilling mission
Turkey’s latest drillship, bought last year from a South Korean shipyard, is set to join three other drillships as the country is working to develop its gas resources amid a growing need for the security of supply.

LNGC conversion completed for world’s first M-FSRU
GAS Entec has completed the conversion of a LNGC for KARMOL into the world’s first Modular Floating Storage and Regasification Unit (M-FSRU).

Uzmar, Robert Allan team up on methanol-powered tugs
Uzmar Shipyard and Robert Allan have signed an agreement to design and build a new series of methanol-fuelled tugboats.