Turkish Oil & Gas Exploration Update & Discussion

[cabatli_53]

Deep Sea Metro-II, a 230m length drilling monster, is expected to be in Turkey in last day of 2017. She was purchased by TPAO worth around 200 million $. In first quarter of 2018, Deep sea Metro-2 will start drilling TPAO licenced places near Cyprus, While Greeks are screaming for help.

Ship will be repainted with TPAO colours similar to Barbaros Hayrettin Paşa seismic vessel, then renamed.

 

[cabatli_53]

 

[Oublious]

so basically they found something...

 

[Deliorman]

Let’s hope for something big to pop up in the Mediterranean and Black sea soon. Imagine a Turkey with huge natural gas and oil reserves it exploits...

 

[u.MP]

Let’s hope for something big to pop up in the Mediterranean and Black sea soon. Imagine a Turkey with huge natural gas and oil reserves it exploits...

Imagine the rage of the greeks

 

[xenon54 out]

Let’s hope for something big to pop up in the Mediterranean and Black sea soon. Imagine a Turkey with huge natural gas and oil reserves it exploits...

On one side it would be great but on the other side there is a chance to end up like most ressource rich countries to be dependant on energy exports.
Ideal would be a situation like Norway where the revenues get used for a sustainable economy.

 

[Saithan]

On one side it would be great but on the other side there is a chance to end up like most ressource rich countries to be dependant on energy exports.
Ideal would be a situation like Norway where the revenues get used for a sustainable economy.

We'd need different leadership for that.
And different mentality, with arch angel azrael to cut off the heads when they try to deviate from it too.

Hortum, boru silip supururler herseyi.

 

[-------]

so basically they found something...

Mate, they found something ages ago.. Someone poured concrete over it

 

[Oublious]

On one side it would be great but on the other side there is a chance to end up like most ressource rich countries to be dependant on energy exports.
Ideal would be a situation like Norway where the revenues get used for a sustainable economy.

http://www.worldoil.com/news/2015/12/15/oil-rout-to-claim-more-victims-after-first-norway-bankruptcy

 

[Pax Ottomana]

Why order a drilling ship worth $200M if they haven't found economically useful oil/gas reserves? AFAIK, seismic ships are enough for searching for oil/gas. There's no need for a drilling ship for that anymore. Can someone with more knowledge of the oil&gas industry please shed some light?

Track the ship here: https://www.marinetraffic.com/en/ais/home/shipid:371651/zoom:10

 

[what]

I dont know much but first you use the seismic ship and locate potential reserves and than you do some drilling for a proper assessment.

We have discovered smaller wells in the black sea but nothing important so far.

 

[Mr.Department]

Why order a drilling ship worth $200M if they haven't found economically useful oil/gas reserves? AFAIK, seismic ships are enough for searching for oil/gas. There's no need for a drilling ship for that anymore. Can someone with more knowledge of the oil&gas industry please shed some light?

Track the ship here: https://www.marinetraffic.com/en/ais/home/shipid:371651/zoom:10

Deep-sea drilling is a key step in protecting waters
Showing FLAG and presence. METRO II will go for drilling in same area in 2018

https://twitter.com/x/status/945838478968975361

 

[xenon54 out]

http://www.worldoil.com/news/2015/12/15/oil-rout-to-claim-more-victims-after-first-norway-bankruptcy

Its a oil company that goes bankrupt, what im talking about is the state.

Oil revenues are still below 20% of Norwegian GDP.

 

[Mr.Department]

Its a oil company that goes bankrupt, what im talking about is the state.

Oil revenues are still below 20% of Norwegian GDP.

+ Norway is the 8th largest producer of oil and the 3rd largest producer of gas in the world

 

[xenon54 out]

+ Norway is the 8th largest producer of oil and the 3rd largest producer of gas in the world

Thats the point, and yet its a mixed economy which oil revenues make only 17% of national GDP.

Also this

The Labour productivity level of Norway is second highest in Europe. OECD, 2015