The countries held three rounds of talks in October hosted by the United Nations at a peacekeeper base in southern Lebanon.
Two other vessels along with Oruc Reis will continue work in an area southeast of the Greek island of Rhodes until Oct. 27, Turkey’s Navy said in a maritime notice.
President Tayyip Erdogan said in August the field north of the Turkish coast in the Black Sea contained 320 Bcm of gas, making it Turkey's biggest natural gas discovery.
Check out the latest oil and gas drilling activity highlights from around the world featured in the October issue of E&P Plus including Apache’s recent discovery offshore Suriname plus additional reservoirs in Guyana’s Stabroek Block.
Here’s a snapshot of recent energy deals including the closing of Chevron’s roughly $13 billion acquisition of Noble Energy plus the $825 million sale of Occidental’s Colombia onshore assets.
Cyprus’ internationally recognized Greek Cypriot government has long been at odds with Turkey, which began drilling for oil and gas near Cyprus last year.
An Eagleville Field-Eagle Ford Shale well completed by Devon Energy plus two Wolfcamp discoveries reported in Reeves County, Texas, top this week’s drilling activity highlights from around the world.
The purchase of Noble Energy would boost Chevron's U.S. shale oil holdings and add nearly 1 Bcf of natural gas reserves close to growing markets.
Supply of the 1.3 billion cubic meters of gas is expected to begin in December and last for 30 months, or until the Karish and Tanin gas fields begin commercial operation.
Tensions flared in August after Ankara sent its Oruc Reis seismic survey ship into disputed waters, escorted by gunboats, to map out sea territory for possible oil and gas drilling.