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03.01.26 - 15:27
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Turkey To Launch First Overseas Deepwater Exploration Project Off Somalia (ZeroHedge)
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Turkey To Launch First Overseas Deepwater Exploration Project Off Somalia
Via The Cradle
Tukey is planning to send a drilling vessel to Somalia this February to begin its first deep water exploration project abroad, Energy Minister Alparslan Bayraktar said on Friday.
The minister said the operation with the Cagri Bey drilling vessel will focus on offshore areas in Somalia's waters, but did not elaborate further. Ankara signed an energy exploration agreement with Somalia last year and has been seeking ways to diversify energy sources and reduce its reliance on imports.
Source: Reuters
Turkish President Recep Tayyip Erdogan had said earlier this week that a new drilling vessel would soon be operating on the Somali coast.
Alparslan's announcement comes in the aftermath of Israel's decision to recognize the separatist Republic of Somaliland. Israel last week became the first state to formally recognize Somaliland, which broke away from Somalia in 1991 but had never been recognized by ...
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02.01.26 - 10:12
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Turkey Manufacturing Downturn Eases In December (AFX)
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ANKARA (dpa-AFX) - The manufacturing activity in Turkey deteriorated at the slowest pace in one year in December and moved closer to stabilization, survey results from S&P Global showed on Friday.......
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31.12.25 - 08:48
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Turkey Trade Gap Widens In November (AFX)
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ANKARA (dpa-AFX) - Turkey's trade deficit increased in November as imports grew faster than exports, the Turkish Statistical Institute reported Wednesday.The trade deficit rose to $8.0 billion fro......
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30.12.25 - 12:18
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Turkey Jobless Rate Rises To 8.6% (AFX)
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ANKARA (dpa-AFX) - Turkey's unemployment rate increased marginally in November, the Turkish Statistical Institute reported Tuesday.The seasonally adjusted unemployment rate rose to 8.6 percent in ......
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