ANKARA, Sept 4 Royal Dutch Shell is
assessing oil exploration and production opportunities in the
Black Sea with Turkish state-owned oil firm TPAO, Shell Chief
Executive Peter Voser said on Tuesday.
Voser was speaking at a news conference in Ankara with
Turkish Energy Minister Taner Yildiz. Voser was also set to meet
Turkey's Prime Minister Tayyip Erdogan.
Last November, TPAO signed an accord with Shell for
hydrocarbon exploration and production in the Mediterranean and
That agreement included plans for shale gas exploration near
the southeastern city of Diyarbakir and Yildiz said Shell had
started exploration at the Saribugday 1 field there last week.
TPAO said previously it would take a 70 percent share of
production at Diyarbakir, with Shell taking 30 percent.
Voser also said Shell was on track to start exploring for
oil in Alaska after receiving the green light there.
The Environmental Protection Agency said last week Shell,
which has spent about $4.5 billion on its effort to drill
Arctic oil, would soon get a temporary air permit to operate a
drilling rig offshore Alaska.
"Last week we received the go ahead to start drilling
preparations in Alaska. Therefore we are looking forward to
further progress in drilling activities in Alaska," Voser said.
"We are on track to deliver that," he added, referring to
drilling activities at two wells.