×
GreekEnglish

×
  • Politics
  • Diaspora
  • World
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Cooking
Saturday
28
Feb 2026
weather symbol
Athens 10°C
  • Home
  • Politics
  • Economy
  • World
  • Diaspora
  • Lifestyle
  • Travel
  • Culture
  • Sports
  • Mediterranean Cooking
  • Weather
Contact follow Protothema:
Powered by Cloudevo
> World

Agreement signed between Ankara and Chevron: Joint oil and gas exploration to begin

The agreement between Chevron and the state-owned Turkish Petroleum foresees collaboration in onshore and offshore exploration and production activities – Chevron also announced agreements with Syria and Qatar for Eastern Mediterranean exploration

Giannis Charamidis February 5 04:06

Turkey signed an agreement with Chevron today for joint oil and gas exploration globally, the Turkish Ministry of Energy announced.

The agreement between Chevron and state-owned Turkish Petroleum provides for cooperation in both onshore and offshore exploration and production activities, according to the Turkish ministry.

The agreement falls within the framework of enhanced cooperation between Turkish and American energy companies, as Turkey seeks to reduce its dependence on imported oil and gas—particularly from Russia—and to improve relations with the United States, a traditional ally of Ankara.

Collaboration with Chevron could help Turkish Petroleum reach a long-term production target of 1 million barrels of oil per day, Energy Minister Alparslan Bayraktar said in a social media post following the signing ceremony in Istanbul.

Last month, Turkish Petroleum signed a memorandum of understanding with a unit of Exxon Mobil Corp., Esso, to conduct energy exploration in the Black Sea and the Mediterranean.

Chevron Announces Agreements with Syria for Eastern Mediterranean Exploration

Meanwhile, Chevron signed a memorandum of understanding with the Syrian Petroleum Company and the Qatari company UCC Holding to assess oil and gas exploration offshore Syria, a spokesperson for the American company said on Wednesday.

The area of interest is in the Eastern Mediterranean and is known for significant natural gas discoveries in both Israel and Egypt.

According to ABC News, citing Syria’s state news agency SANA, the agreement aims to strengthen strategic partnerships in the energy sector. It focuses on cooperation in offshore exploration and the development of oil and gas resources in Syria’s territorial waters.

>Related articles

Global concern: Iran’s navy closes strait of Hormuz, oil and gas prices could surge

Panic in Dubai: Explosions from missile interceptions over Palm Jumeirah, shocking testimonies from Greeks

Emergency meeting of KYSEA today under Mitsotakis following developments in the Middle East

Additionally, the agreement includes broader initiatives to support investment and development in the energy sector.

Previous efforts to explore Syria’s offshore resources include a 2013 agreement between Russian company Soyuzneftegaz and Syrian authorities. However, this project was abandoned two years later amid the ongoing civil war in Syria. Most of Syria’s existing oil production comes from onshore fields in the northeastern part of the country, primarily in locations such as the Al-Omar field.

In December 2025, Chevron began oil production at the South N’dola platform off the coast of Angola. This milestone came just over two years after construction began.

Ask me anything

Explore related questions

#agreement#Chevron#Eastern Meditarranean#energy#exploration#gas#oil#politics#syria#turkey#world
> More World

Follow en.protothema.gr on Google News and be the first to know all the news

See all the latest News from Greece and the World, the moment they happen, at en.protothema.gr

> Latest Stories

Gerapetritis after the KYSEA meeting: I call on Greek citizens in the area to remain in a safe place and to follow the instructions of our embassies

February 28, 2026

Souda base in Crete sealed after Iran’s threats against all U.S. installations

February 28, 2026

Global concern: Iran’s navy closes strait of Hormuz, oil and gas prices could surge

February 28, 2026

Panic in Dubai: Explosions from missile interceptions over Palm Jumeirah, shocking testimonies from Greeks

February 28, 2026

Dozens of arrests and detentions over clashes by hooded individuals after the end of the rally for Tempi at Syntagma Square – updated

February 28, 2026

The Ministry of Culture acquires 262 photos of the Kaisariani executions from Belgian collector

February 28, 2026

Emergency meeting of KYSEA today under Mitsotakis following developments in the Middle East

February 28, 2026

Trump’s 8-minute address declaring war on Iran: “We will flatten their missile industry, they will never get nuclear weapons”

February 28, 2026
All News

> Politics

Gerapetritis after the KYSEA meeting: I call on Greek citizens in the area to remain in a safe place and to follow the instructions of our embassies

Giorgos Gerapetritis stressed that since this morning the Greek government has been in constant contact and coordination, with the participation of its partners, in order to establish a common line

February 28, 2026

Emergency meeting of KYSEA today under Mitsotakis following developments in the Middle East

February 28, 2026

1,000 asylum revocations by June, announces Thanos Plevris

February 27, 2026

Parliamentary inquiry into OPEKEPE: Findings submitted to the Speaker of Parliament

February 27, 2026

The government points to the judiciary on the wiretapping case: Negative on a new Parliamentary Inquiry, but awaiting a new proposal from PASOK

February 27, 2026
Homepage
PERSONAL DATA PROTECTION POLICY COOKIES POLICY TERM OF USE
Powered by Cloudevo
Copyright © 2026 Πρώτο Θέμα