He said T\u00fcrkiye’s overseas energy investments aim not only to increase oil and natural gas production but also to bring Turkish technical expertise, technology, capital and operational capabilities to international markets.<\/p>\n
At the center of the strategy is the goal of transforming TPAO into an international energy company with daily hydrocarbon production of 1 million barrels of oil equivalent, Bayraktar said.<\/p>\n
TPAO’s combined domestic and international production currently stands at around 330,000 barrels of oil equivalent per day and is expected to approach 600,000 barrels per day by 2028 as output from the Sakarya Gas Field increases, he added.<\/p>\n
Iraq and Kirkuk mark first major step in international expansion<\/p>\n
Bayraktar said one of the most significant steps in TPAO’s international expansion strategy was taken in Iraq, while activities in Somalia represent one of the clearest examples of T\u00fcrkiye’s overseas hydrocarbon exploration strategy.<\/a><\/p>\n He said TPAO acquired a 15% stake in BP Energy Company of Kirkuk Limited, becoming a partner with BP and ConocoPhillips in the Baba, Avanah, Bai Hassan, Jambur and Khabbaz fields in Kirkuk.<\/p>\n “In the first phase, our goal in these fields, which are estimated to contain more than 3 billion barrels of oil equivalent in hydrocarbon resources, is to develop existing reserves, increase production and explore additional potential,” he said.<\/p>\n “Somalia, meanwhile, is one of the clearest examples of T\u00fcrkiye’s international hydrocarbon exploration strategy,” he said, adding that T\u00fcrkiye’s seismic research vessel Oru\u00e7 Reis conducted seismic surveys in three offshore blocks in Somalia over 234 days.<\/p>\n “Our next-generation drilling vessel \u00c7a\u011fr\u0131 Bey is carrying out T\u00fcrkiye’s first deep-sea exploration drilling operation abroad at the Curad-1 well off the coast of Somalia,”<\/a> he added.<\/p>\n Bayraktar noted that production-sharing agreements signed in June paved the way for exploration activities in Libya’s onshore and offshore license areas.<\/p>\n He said the steps taken in Libya aim to take T\u00fcrkiye-Libya energy cooperation to a new level while strengthening TPAO’s presence in North Africa.<\/p>\n The Oru\u00e7 Reis seismic research vessel is expected to move to Pakistan after the monsoon season to begin seismic data acquisition, while work is continuing to develop cooperation opportunities in oil and mining in Syria, Bayraktar said.<\/p>\n In Oman, T\u00fcrkiye has signed a Concession Agreement and Joint Operating Agreement for Block 80, which Bayraktar said would help expand TPAO’s international activities in the Gulf region.<\/p>\n He added that work is also underway to develop new operations in Guinea-Bissau, Angola and Liberia.<\/p>\n Partnerships broaden T\u00fcrkiye’s energy reach<\/p>\n
![\"\"\/](\"https:\/\/www.europesays.com\/turkiye\/wp-content\/uploads\/2026\/08\/1786278549_804_JN9LXf.png\")
<\/p>\n