Middle East Economic Survey


No 18



TPAO-BP Joint Venture Plans Exploration Well In Black Sea Offshore Turkey

The TPAO-BP Exploration Joint Venture is to spud an exploration well in the Black Sea offshore Turkey in June. The Hopa HPX-1 well will be drilled in the Hopa Block under License 3534 using the GSF Explorer, which is operated by GlobalSantaFe. The well will be located some 120km northeast of Trabzon and drilled to a target depth of 4,600ms in search of...