Noc Ioc Mehmet Uysal

8/12/2019 Noc Ioc Mehmet Uysal

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Turkish Petroleum Corp.and

Cooperations withNOCs and IOCs

Mehmet UYSAL

President & CEO

TPAO

NOC-IOC ForumEnhancing Global Energy Security through Cooperation and Partnership

30-31 March, 2009 - Kuwait


2/17

Reserve: ~ 1 billion boe 2P Reserve: ~ 9 billion boe

Current Production: ~ 80.000 boe/d

E&P experience over 50 years

Recent Offshore Discoveries

Intense Deep Offshore Exploration Activities

Focus: Middle East, North Africa,Caspian Regionand South America

Target: E&P Growth, Transportation & RetailExpansion

Current Cash Flow: $ 2,2 billion

5 year E&P Investments (2004-08): $ 3.54 billion

TPAO: Turkish National Oil Company since 1954


3/17

Energy Corridor and CEYHAN

LNG

OIL

GAS

Ceyhan Energy Hub

KERKUK CEYHAN PIPELINE

Ceyhan

BTC PIPELINE

SAMSUN-CEYHAN PIPELINE

TURKMENISTAN IRAN PIPELINE

WESTERN PIPELINE

SCP PIPELINE

BLUE STREAM - 1 PIPELINE

ARAP GAS PIPELINE

BLUE STREAM -2 PIPELINE

NABUCCO PIPELINE

TURKEY-GREECE-ITALY INTERCONNECTOR

IRAQ TURKEY PROJECT

LNG (NIGERIA-ALGERIA)TURKEY IS IN BETWEEN THE PRODUCERS AND CONSUMERS,

THEREFORE IT IS A NATURAL BRIDGE.

IRAN TURKEY PIPELINE


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3 Million b/d

1 Million b/d

17 Million b/d

12 Million b/d3 Million b/d4 Million b/d

1 Million b/d

Bottlenecks of transportation :

6,5 7 Million barrel of oil will be marketed via Turkey.


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NOCs and IOCs Oil & Gas Reserves and Daily Productions

2008- EI TOP 100 COMPANIES

Natural Gas Reserves

Oil Reserves

Natural Gas Production

Oil Production

Source: BP Statistical Review 2008 EI To 100 Com anies 2008

Tcm

EI TOP 100 : 120 (%68)World Reserve: 177,4

Billion Barrel

EI TOP 100 : 1.059,4 (%86)World Reserve: 1.237,9


6/17

Cooperations in BLACK SEA

TPAO Arama Alanlar

ZONGULDAK

SNOP

SAMSUN

ORDUTRABZON

EXXONMOBIL %50

TPAO %50

Exploration Blocks

PETROBRAS %50

TPAO %50

Exploration Blocks

H O P A 1

FIRST DEEP OFFSHORE WELL

IN WHOLE BLACKSEA

TPAO

TPAO

TPAO

TPAO %13,5Expl. Georgian Block

TPAO %51 Discovery and

PETROL OFS %26,75 ProductionSTRATIC %12,25 in

TOREADOR %10 Akakoca Block
http://www.straticenergy.com/index.asphttp://www.pnwer.org/Portals/33/Logo_ExxonMobil.jpg


7/17

Dada Fm Entrance Time Map

Unconventional Gas From Rource Rock

Cores From Dada Formation

Source Rock for Oil and Natural Gas in SE Turkey

Natural Gas Production in Barnett shales which very similar to Dada Shales: 100 bcm

Planning date to start drilling: End of 2009

Cooperation with EOG RESOURCES


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Turkeys THE FIRST UNDERGROUND Gas Storage Facilities

1.6 BCM/YEAR STORAGE CAPACITY

18 MCM/DAY DRAWBACK

3.2 BCM/YEAR

40 MCM/DAYIN 2011IN 2006


9/17

IRANIRAQ

SYRIA

TURKMENISTAN

RUSIA

UKRAIN

COLOMBIA

LIBYA

GEORGIA

KAZAKHSTAN

AZER

VENEZUELA

EQUADOR

SUDAN YEMEN

OMAN

AFGHANISTAN

QATAR

International Activities


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Cooperation in KAZAKHSTAN since 1992

KAZMUNAIGAZ & TPAO

OIL RESERVE : 40 million bbl

PRODUCED BY NOW : 12 MBL

PRODUCTION : 9500 BPD

TPAO 49% KazMunaiGaz 51%

TPAO WAS THE FIRST FOREIGN INVESTOR IN KAZAKHSTAN.


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BAKU

ALOV (EXP)

TPAO: 10 % - 1997 (35 yrs)

Invest. : 9 Bn $

Reserv : 5 Bn bbls oil

385 bcm gas

ACG (PROD)

TPAO: 6.75 % - 1994 (30 yrs)

Reserv : 5.4 Bn bblsInvest. : 29 Bn $ (Real)

Cur.Prod.: 950,000 bpd

Cooperation in AZERBAIJAN since 1993

SHAH DENIZ (PROD)

TPAO: 9 % - 1996 (35 yrs)

625 bcm gas

750 mm bbls Cond.

Invest. : 14 Bn $

Cur.Prod.: 200,000 boe/d

4 Bn$ INVESTED

BP

Socar

LukoilUnocal

Statoil

ExxonMobil

TPAO

DevonItochu

Delta

Hess

34,10% BP

10,30% Socar

10,00% Lukoil

10,00% Unocal

8,60% Statoil8,00% Exxon Mobil

6,80% TPAO

5,60% Devon

3,90% Itochu

2,70% Delta Hess

25,50% BP

25,50% StatoilHydro

10,00% Socar

10,00% Total

10,00% LukAgip

10,00% NICO

9,00% TPAO

BP

StatoilHydroSOCA

R

Total

LukAgip

NICO

TPAO

40,00% Socar

15,00% BP

15,00% Statoil

15,00% ExxonMobil

10,00% TPAO

5,00% Alberta Energy

Socar

BP

Statoilhydro

ExxonMobil

TPAO

AlbertaEnergy
http://images.google.com.tr/imgres?imgurl=http://www.yapi.com.tr/V_Images/2008/sektorel/63559_socar-logo.jpg&imgrefurl=http://www.yapi.com.tr/Sektorden/tekfen-socar-ile-on-mutabakata-vardi_63559.html&usg=__VMbvDIaeolq3WVmbnQXcknGSwzc=&h=147&w=250&sz=10&hl=tr&start=32&tbnid=ohbwR3NeOMIYzM:&tbnh=65&tbnw=111&prev=/images%3Fq%3Dsocar%26gbv%3D2%26ndsp%3D18%26hl%3Dtr%26safe%3Dactive%26sa%3DN%26start%3D18http://en.wikipedia.org/wiki/Image:Flag_of_Azerbaijan.svg


12/17

Cooperation in MIDSTREAM (BTC & SCP)

BAKU-TBILISI-CEYHAN (BTC)

CRUDE OIL PIPELINE

42-46-34 line - 1,768 km lengthFirst oil in Ceyhan May 2006

Current Capacity : 1.0 mm bbl/day

(50 mm tonnes/yr)

Current Usage : 950 bbl/day

SOUTH CAUCASUS (SCP)

NATURAL GAS PIPELINE

42 line - 670 km lengthFirst gas in Turkey: July 2007

Current Tec.Ult.Capacity: 20bcma

Current Usage : 8.0 bcma

BP

SOCARUnocal

Statoil

TPAO

Eni

Total-FINA-ELF

ItochuConocoPhillips

Inpex

AmeradaHess

VIA BTC

423 mmb OIL WITH

536 TANKERSVIA SCP

Cumulatif 10 bcm Nat. Gas

BP

StatoilHydro

SOCAR

LukAgip

TotalFinaElf

OIEC

TPAO

26% BP

26% StatoilHydro

10% SOCAR

10% LukAgip,

10% TotalFinaElf

10% OIEC9% TPAO

30,00% BP

25,00% Socar

8,90% Unocal

8,71% Statoil

6,53% TPAO

5,00% Eni

5,00% Total-FINA-ELF

3,40% Itochu

2,50% ConocoPhillips

2,50% Inpex2,36% AmeradaHess
http://en.wikipedia.org/wiki/File:Flag_of_Turkey.svghttp://en.wikipedia.org/wiki/File:Flag_of_Georgia.svghttp://en.wikipedia.org/wiki/Image:Flag_of_Azerbaijan.svg


13/17

NC188

147/3-4

NC189

Cooperation in LIBYA since 1994

B1-NC189 : Challenger Rig#26

NC 188 GHADEMES

TPAO 51 %ONGC V. Ltd. 49 %

Relinquishment

NC 189 SIRTETPAO 51 %

ONGC Videsh Ltd. 49 %

Exploration; Current Drilling

NC 147/3-4 MURZUQ

TPAO 100 %

Exploration; Seismic Acquisition

2009/2010

2 + 3 wells drilling campaign
http://www.ongcvidesh.com/default.aspx


14/17

Cooperation in SOUTH AMERICA Since 2005

Colombia

Cooperation with Ecopetrol

in two exploration licences

EcuadorCooperation with Petroecuador

BoliviaCooperation with YPFM

VenezuellaCooperation with PDVSA
http://www.ecopetrol.com.co/


15/17

Cooperation Opportunites in IRAQ

Unrestricted Co-Operators

More than 500,000 boepd

Restricted Co-Operators

More than 250,000 boep

Non-Co-Operators

Less than 250,000 boepd Gas Operators

Separate Advice from PCLD

* Classifications will be advised to companies onan individual basis

TPAO OPENING BAGHDAD OFFICE
http://en.wikipedia.org/wiki/File:Flag_of_Iraq.svg


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Water Depth70 m

2223

24 Investment : 5,5 Billion $Oil : 50.000 p/dNatural Gas : 16 bcm/y

MOU for South Pars Phases 22, 23 and 24

(17 November 2008)

Cooperation Opportunites in IRAN
http://en.wikipedia.org/wiki/File:Flag_of_Iran.svg


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Thank You

Documents

Noc Ioc Mehmet Uysal