Turkey, Northern Cyprus sign exploration agreement

Turkey’s Prime Minister Recep Tayyip Erdogan, making good on earlier threats, has signed an agreement with Dervis Eroglu, president of the breakaway Turkish Republic of Northern Cyprus (TRNC), to explore for oil and natural gas offshore in the eastern Mediterranean.

“This agreement we signed today with the Republic of Turkey is a precautionary measure to make our Greek counterparts desist,” Eroglu said, referring to the Greek-speaking Republic of Cyprus.

Cyprus has been divided along ethnic lines since 1974, when Turkish troops occupied its northern third in response to what it saw as an Athens-engineered coup in Nicosia aimed at union with Greece.

Turkey has repeatedly called on Cyprus to postpone its exploration for oil and gas, saying that the Greek side has no right to undertake a unilateral search for sources of energy while the island remains divided.

Under the continental shelf limitation agreement signed with the TRNC, Turkey may also explore energy sources off the island’s southern coast—a decision that would likely create further conflict with the Greek Cypriots.

The agreement was clearly undertaken in response to the agreement between Nicosia and Noble Energy Inc., which already has started exploratory drilling for gas on Block 12 off the southern coast of the island—a location close to Noble’s Leviathan discovery in Israeli waters.

Erdogan described as “madness” the offshore gas drilling by Israel and Cyprus, raising the stakes in a confrontation over the potentially huge deposits in the eastern Mediterranean.

“The Greek Cypriot administration and Israel are engaging in oil exploration madness in the Mediterranean,” Erdogan said, adding that Nicosia’s drilling activity is “nothing but sabotage of the negotiation process between Turkish Cypriots and Greek Cypriots.”

In an effort to dissuade international oil companies from working with Nicosia, Erdogan said that Turkey’s energy ministry will apply “sanctions” and bar companies working with Nicosia from working in Turkey.

Turkish assault boats and frigates “are already in the region,” said Erdogan, repeating earlier warnings that Turkey would carry out energy surveys of its own under escort of warships if Cyprus pressed ahead with its drilling campaign.

The announcement of the agreement between Turkey and the TRNC coincided with reports that a Norwegian vessel is en route to Turkey, with the aim of conducting seismic surveys in the region.

“The ship is on its way. It has set sail from Norway,” an official of Turkey’s energy ministry told state media.

Contact Eric Watkins at hippalus@yahoo.com.

Related Articles

PHMSA proposes pipeline accident notification regulations

07/02/2015 The US Pipeline and Hazardous Materials Safety Administration has proposed new federal oil and gas pipeline accident and notification regulations. ...

BP to settle federal, state Deepwater Horizon claims for $18.7 billion

07/02/2015 BP Exploration & Production Inc. has agreed in principle to settle all federal and state claims arising from the 2010 Deepwater Horizon inciden...

API to issue recommended practice to address pipeline safety

07/01/2015 The American Petroleum Institute expects to issue a new recommended practice in another few weeks that addresses pipeline safety issues, but the tr...

Tullow Oil provides production update on Jubilee, other fields

07/01/2015 Tullow Oil PLC reported that gross production for the Jubilee field offshore Ghana averaged 105,000 b/d in this year’s first half, up from 102,000 ...

FWS issues Shell letter of authorization on Chukchi Sea lease

07/01/2015 The US Fish & Wildlife Service issued Shell Gulf of Mexico Inc. a letter of authorization (LOA) related to the potential disturbance of polar b...

Case for Keystone XL has grown stronger, TransCanada tells Kerry

06/30/2015 Canada is taking strong steps toward combating climate change, and the proposed Keystone XL pipeline crude oil pipeline remains in the US national ...

Court rejects BP, Anadarko Macondo appeals

06/30/2015 BP PLC and Anadarko Petroleum Corp. have lost separate appeals to the US Supreme Court to overturn a lower-court decision expanding their financial...

Senate Democrats outline broad energy goals to nation’s governors

06/30/2015 Forty-five US Senate Democrats outlined broad energy policy goals including more clean energy technology investments, infrastructure improvement, a...

Group suggests principles for Alberta royalty review

06/29/2015 The Canadian Association of Petroleum Producers (CAPP) has suggested that four principles guide Alberta in an oil and gas royalty review planned by...
White Papers

2015 Global Engineering Information Management Solutions Competitive Strategy Innovation and Leadership Award

The Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global...
Sponsored by

Three Tips to Improve Safety in the Oil Field

Working oil fields will always be tough work with inherent risks. There’s no getting around that. Ther...
Sponsored by

Pipeline Integrity: Best Practices to Prevent, Detect, and Mitigate Commodity Releases

Commodity releases can have catastrophic consequences, so ensuring pipeline integrity is crucial for p...
Sponsored by

AVEVA’s Digital Asset Approach - Defining a new era of collaboration in capital projects and asset operations

There is constant, intensive change in the capital projects and asset life cycle management. New chall...
Sponsored by

Transforming the Oil and Gas Industry with EPPM

With budgets in the billions, timelines spanning years, and life cycles extending over decades, oil an...
Sponsored by

Asset Decommissioning in Oil & Gas: Transforming Business

Asset intensive organizations like Oil and Gas have their own industry specific challenges when it com...
Sponsored by

Squeezing the Green: How to Cut Petroleum Downstream Costs and Optimize Processing Efficiencies with Enterprise Project Portfolio Management Solutions

As the downstream petroleum industry grapples with change in every sector and at every level, includin...
Sponsored by

7 Steps to Improve Oil & Gas Asset Decommissioning

Global competition and volatile markets are creating a challenging business climate for project based ...
Sponsored by
Available Webcasts


OGJ's Midyear Forecast 2015

When Fri, Jul 10, 2015

This webcast is to be presented by OGJ Editor Bob Tippee and Senior Economic Editor Conglin Xu.  They will summarize the Midyear Forecast projections in key categories, note important changes from January’s forecasts, and examine reasons for the adjustments.

register:WEBCAST


Predictive Analytics in your digital oilfield - Optimize Production Yield and Reduce Operational Costs

When Tue, Jul 7, 2015

Putting predictive analytics to work in your oilfield can help you anticipate failures, plan and schedule work in advance, eliminate emergency work and catastrophic failures, and at the same time you can optimize working capital and improve resource utilization.  When you apply analytic capabilities to critical production assets it is possible to reduce non-productive time and increase your yield.

Learn how IBM's analytics capabilities can be applied to critical production assets with the goal of reducing non-productive time, increasing yield and reducing operations costs.

register:WEBCAST



On Demand

Cognitive Solutions for Upstream Oil and Gas

Fri, Jun 12, 2015

The oil & gas sector is under pressure on all sides. Reserves are limited and it’s becoming increasingly expensive to find and extract new resources. Margins are already being squeezed in an industry where one wrong decision can cost millions. Analyzing data used in energy exploration can save millions of dollars as we develop ways to predict where and how to extract the world’s massive energy reserves.

This session with IBM Subject Matter Experts will discuss how IBM Cognitive Solutions contribute to the oil and gas industry using predictive analytics and cognitive computing, as well as real time streaming for exploration and drilling.

register:WEBCAST


The Alternative Fuel Movement: Four Need-to-Know Excise Tax Complexities

Thu, Jun 4, 2015

Discussion on how to approach, and ultimately embrace, the alternative fuel market by pulling back the veil on excise tax complexities. Taxes may be an aggravating part of daily operations, but their accuracy is crucial in your path towards business success.

register:WEBCAST


Emerson Micro Motion Videos

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected