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IOG Appoints Ex-Marathon Oil Man

$3 2B Black Sea Project May Take On Partners

Turkey s state-owned oil and gas company reportedly is considering partnerships to carry out work on the biggest natural gas discovery in the Black Sea. (Bloomberg) Turkey’s state-owned oil and gas company is considering partnerships and plans to raise funding this year to carry out work on the biggest natural gas discovery in the Black Sea, according to people with knowledge of the matter. Turkish Petroleum Corp. has made preliminary contact with several international oil firms, including some of the majors, to jointly produce gas from the offshore field, said the people, who asked not to be identified because deliberations are confidential. The negotiations may not result in any ventures and the Ankara-based company may still go it alone, they said.

Seadrill Seeks Bankruptcy Protection for Asia Units

Shell Produces Fuel for Pioneering KLM Flight

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