Oil Exploration To Be Launched In Mediterranean

ANKARA - Turkish Petroleum Corp. (TPAO) will begin prospecting oil in the shallow waters of the Mediterranean, particularly around Antalya, Iskenderun and Mersin, announced DG Osman Saim Dinc.
Speaking to A.A correspondent, Dinc said that an international tender process will be launched this month.
"We hope to see foreign partners beside us in July or August. Oil exploration will start this year," he stated.
According to Dinc, TPAO will conduct seismic works in deep waters of the Mediterranean, particularly in the seabed off Antalya, west of Cyprus and off Egypt, this spring and summer.
"We hope that we will get good results from these seismic works, and launch bigger and more expensive projects in 2008 and 2009. We also continue searches in the Black Sea," Dinc added.