After Chevron, Turkey Open to More Black Sea Drilling Partners
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Turkey is open to new partnerships for oil and gas exploration in the Black Sea, the head of the state-run oil company said after announcing a $750 million deal with Chevron Corp.
“New partnerships for oil and gas exploration in the Black Sea outside those now existing are possible,” said Mehmet Uysal, head of Turkiye Petrolleri AO. “In three years we plan $4 billion in investments, large and small, to open close to 500 wells,” Uysal said.