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FINANCIAL NEWS
TAPO to bid for gas projects in Iraq
18 Apr 2010
(MENAFN) The Chief Executive Officer at the state-run Turkish Petroleum Corporation (TPAO) said that the company is planning to bid for development of Iraq’s Akkas, Mansuriyah and Siba natural gas fields, Reuters reported.
The CEO affirmed in an interview that TPAO aims to bid for the Akkas field in partnership with Italy’s Edison, and added that Chevron and Chinese firms are interested in gas and oil exploration in the Black Sea.
TPIC, the foreign exploration unit of state-run Turkish Petroleum, won a $318 million contract to drill 45 wells in Iraq’s supergiant Rumaila oilfield in March.
The company is also pressing ahead with its oil exploration efforts in the Black Sea, which Turkey shares with several other countries including Russia.
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12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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