
BP–TPAO MoU Targets Joint Oil and Gas Projects
BP and TPAO signed an MoU framing cooperation in oil and gas exploration, field development and infrastructure, with Iraq a priority and Libya also in view alongside regional project assessments.

BP and TPAO signed an MoU framing cooperation in oil and gas exploration, field development and infrastructure, with Iraq a priority and Libya also in view alongside regional project assessments.

ExxonMobil and Turkey’s TPAO signed an MoU to evaluate offshore exploration and development opportunities in the Black Sea and the Mediterranean, with no targets disclosed.

TPAO’s 12,000-ft-rated drillship Dorado is traveling from Singapore to Türkiye, with arrival expected in early December 2025. The vessel follows sister rig Draco, which has already reached Türkiye, as Dorado prepares for expected 2026 work.
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