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Turkey to purchase fourth drilling ship to expand energy projects

Amid maritime boundary disputes in the eastern Mediterranean and after a 2020 gas field discovery the Black Sea, Turkey’s state-owned oil and gas company is finalizing the purchase of a fourth drilling ship to expand its energy development activities.

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Turkish Energy and Natural Resources Minister Fatih Donmez waves to the drilling ship Yavuz, scheduled to search for oil and gas off Cyprus, at the port of Dilovasi, outside Istanbul, on June 20, 2019. It was reported in February 2021 that Turkey has made an agreement to buy a fourth drilling vessel. — BULENT KILIC/AFP via Getty Images

ISTANBUL — Turkey’s state-owned oil and gas company has made a preliminary agreement to purchase a new drilling vessel to accelerate energy prospecting activities in the eastern Mediterranean and the Black Sea, according to Turkish media.

The Turkish Petroleum Corp. is finalizing a deal to acquire a deep-water drilling vessel from Dolphin Drilling, a Norwegian rig company, for a yet-to-be disclosed sum, the media said.

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