TURKISH PETROLEUM INTERNATIONAL ANONIM SIRKETI

TURKISH PETROLEUM INTERNATIONAL ANONIM SIRKETI (TPIC) is a state-owned Turkish company primarily involved in the oil and gas industry.

Company Introduction

TURKISH PETROLEUM INTERNATIONAL ANONIM SIRKETI, commonly known as TPIC, is a significant player in the global oil and gas sector. Established in 1988, it was initially founded to manage Turkey's international upstream oil and gas ventures. TPIC's core activities encompass exploration, drilling, and production of crude oil and natural gas. The company operates both within Turkey and internationally, engaging in projects ranging from seismic surveys and well drilling to field development and hydrocarbon extraction. Beyond exploration and production, TPIC also offers a comprehensive suite of oilfield services, including well completion, workover operations, and logistical support, making it a multifaceted enterprise vital to the energy industry. Its operations are crucial for securing energy resources and expanding Turkey's footprint in the international hydrocarbon market.

Factory or Trader

TPIC is primarily a producer and operator in the oil and gas industry. It undertakes extensive industrial operations involving the extraction of raw materials (crude oil and natural gas) from the ground. This involves significant capital investment in drilling rigs, production facilities, and processing units. While it may also engage in the marketing and sale of the crude oil and natural gas it produces, its fundamental nature is that of an upstream industrial producer rather than solely a trader. Therefore, it is best categorized as a producer/operator with substantial industrial assets and activities, akin to a factory for raw materials.

Here are the products produced or sold by TURKISH PETROLEUM INTERNATIONAL ANONIM SIRKETI:

* Crude Oil

* Natural Gas

* Petrochemical Products

* Petroleum Products