The Saipem 12000 drillship pictured upon entering Cyprus waters in late December. Photo published on December 27 by Georgios Lakkotrypis, Minister of Energy, Commerce, Industry and Tourism of the Republic of Cyprus.
IZMIR, Turkey, Oct 19 (Reuters) – A Turkish energy exploration ship will continue to operate in the Mediterranean Sea, the energy minister said on Friday, after Ankara said the navy stopped a Greek frigate from harassing the ship due to territorial disputes.
Turkey, Greece and Cyprus’s internationally recognized Greek Cypriot government have long disputed their overlapping claims of jurisdiction for offshore oil and gas research in the Mediterranean.
“Turkish Petroleum’s exploration ship will continue its activities in line with Turkey’s rights,” Energy Minister Fatih Donmez told reporters in the western coastal province of Izmir, referring to the state-owned oil company.
Turkey’s foreign ministry said on Thursday that the navy had stopped a Greek frigate from harassing the Turkish Petroleum ship in the Mediterranean Sea, calling on Greece to avoid further escalation in the region.
Greece has denied it harassed the frigate. (Reporting by Can Sezer Writing by Ezgi Erkoyun Editing by David Dolan)
The Bureau of Ocean Energy Management (BOEM) has confirmed competitive interest in two offshore wind areas (WEAs) off the southeast Texas coast, following an unsolicited lease request from Hecate Energy...
W&T Offshore, an independent driller operating in the U.S. Gulf of Mexico, has asked a federal judge to block insurance companies' demands for $250 million in additional collateral for taking apart old oil infrastructure.
Europe is starting to find the limit of a decades-long boom in offshore wind.
It can be seen most acutely in the places that have been quickest to build capacity. Countries like Denmark and Sweden are beginning to hit a wall as power prices and incentives drop too low to make building projects worth it. The latest example is a Danish government auction for offshore wind that failed to attract any bids.
December 10, 2024
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