Turkey: Yavuz drillship kicks off explorations west of Cyprus

Turkey: Yavuz drillship kicks off explorations west of Cyprus

Donmez: “We will continue explorations in the Eastern Mediterranean”

In an interview with TVNET, Turkish Energy Minister Fatih Donmez revealed that Yavuz drillship had begun its operations west of Cyprus within the Cypriot EEZ. “Currently in the Eastern Mediterranean, both the Oruc Reis and the Barbaros drillships are carrying on with their seismic explorations; but Yavuz has also started drilling west of Cyprus at Selcuklu-1”, the Minister said.

To a question on whether Turkey was planning on postponing exploration and drilling operations due to low oil prices, he replied by ruling out the possibility. “Once you’ve made an investment in explorations, suspending operations ends up being much costlier. After meeting with the Turkish Oil Company and with the help of God, we aim to continue the research and drilling operations as normal. We will overcome this crisis and we need these products as demand will increase again”, he underlined. /ibna