London, UK (PRWEB UK) 28 February 2014
The Summit gathered more than 150 delegates, including Governmental Officials and senior lever executives from international and national companies, with the chairman of the Summit, Mr. Sohbet Karbuz, opening the two day meeting with an outlook of the country’s oil and gas industry to 2030.
Mr. Besim Sisman, the Acting President of TPAO was amongst the speaker faculty and gave exclusive insights on TPAO’s strategy around national and international projects. He referred to the agenda for the upcoming years, expressing the company’s interest in the deep offshore explorations, the unconventional exploitation and the Arctic frontier. As for the recently revived interest in the Black Sea, Mr. Sisman highlighted that the seismic surveys have shown many good offshore prospects in the area and gave a positive message that there are many opportunities in the country waiting to be explored.
The Chairman and CEO of TransAtlantic, Mr. Malone Mitchell 3rd, also supported Mr. Sisman’s view, highlighting that “Turkey is a very favourable place to do business”. TransAtlantic has been fracking oil fields in Turkey since 2011; with an analysis of the seismic studies and their field operations, Mr Mitchell highlighted that “The geology of Turkey is not complex, it is just less understood”. His presentation showed to delegates that the hydrocarbons in the country are underexplored as only a few wells have been drilled even in fields with many prospects. Mr. Sohbet Karbuz, chairman of the Turkey Oil & Gas Summit and Director of Hydrocarbons at the Mediterranean Observatory for Energy, expressed his positive opinion at the end of Mr.Mitchell’s presentation, stating that “In a decade, TransAtlantic will have great success in Turkey”, but Mr. Mitchell went on to say that it is likely to happen in less than a decade.
Mr. Selami Incedalci, General Manager of the Directorate of Petroleum Works at the Ministry of Energy and Natural Resources, spoke about the New Petroleum Law in Turkey, analysing the technicalities, developments, and implications, whilst explaining the regulations and the way license boundaries are set as well as how auctions work in the country.
Mr. Alastair Gray, the International Exploration Manager of Tiway Oil, gave an overview of the company’s exploration assets in Southeastern Turkey and the Sea of Marmara, presenting the data the company gathered in their licensed fields.
Mr. Emre Engur, Head of the Strategy Development and International Projects Department at the Petroleum Pipeline Corporation, BOTAS, spoke of the effectiveness and capability of the present pipeline system in Turkey during his speech at the summit, with special regard to the Baku-Tbilisi-Ceyhan (BTC) and the Baku-Tbilisi-Erzurum (BTE), also giving insights on the Kirkuk-Ceyhan pipeline.
Other speakers that gave insights at the summit included Mr. Baris Sanli the Deputy General Director at the Directorate General of Energy Affairs in the Turkish Ministry of Energy; Dr. Reha Aykul Muratoglu, the Head of Transit Petroleum Pipelines Department at the Ministry of Energy and Natural Resources; Mr. Mesut Atalay, the General Manager of Yerbil Petroleum; Mr. Halil Aktas, the General Manager of Aladdin Middle East; Mr. Ismail Bahtiyar, the President of the Turkish Association of Petroleum Geologists; Mr. Cem Karatas, Member of the board of the Turkish Association of Petroleum Geologists; Mr. Ulvi F. Ilhan, the CEO of Enerco Enerji; Mrs. Sylvia Elisabeth Beyer from the Office of Global Energy Policy in the Country Studies Division of the International Energy Agency; Mr. Muzaffer Basaran, Board Member of the World Energy Council, Turkish National Committee; Mr. Andrew Burr, Director for Africa & UK, at the International Human Resources Development Corporation (IHRDC); Mr. Mehmet Dogan Üçok, Coordinator at the Istanbul International Center for Energy and Climate; Mr. Ebru Ünal, Partner at Hergüner Bilgen Özeke; Mr. Kemal Mamak, Partner at Hergüner Bilgen Özeke; Mrs. Ayse Hosta Associate at Hergüner Bilgen Özeke, Att. As. Prof. Dr. Ahmet T. KEŞLi , Vice-Chairman, United Nations (UNECE) International PPP Centre of Excellence, and Mr. Karsten Fuelster, Principal Investment Officer, Infrastructure and Natural Resources (Oil, Gas and Mining) EMENA Region, International Finance Corporation.
Amongst companies that attended the Summit were; Kuwait Foreign Petroleum Corporation (KUFPEC), TransAnatolian Pipeline Company (TANAP), Repsol Exploracion, Calik Enerji, Akfel Holding, ExxonMobil International, First Energy, Genel Energy, Fugro Oceansismica, Gur Law Firm, Foster Wheeler, Merit Energy, Nexans Turkey, Onshore Petroleum Company, Socar Turkey, Spectrum Geo, Svenska Petroleum and many others.
The Turkey Oil & Gas 2014 Summit was sponsored by IHRDC, Hergüner Bilgen Özeke and Akin Law Office. Official supporters of the Summit included the Turkish Association of Petroleum Geologists, the National Turkish and Romanian Committees of the World Energy Council, the Turkish Association of Natural Gas Importers and Exporters and the International PPP Platform – Turkey.
For more information on the Summit please visit the website http://www.turkeysummit.com. Documentation and presentations are available for purchase for those that did not attend.