Turkish Petroleum

("Turkiye Petrolleri") Oil company of Turkey. Founded in 1954. The company with over 4,000 employees has expanded its activities since 1983 and been engaged in oil exploitation, production, transportation and marketing within and beyond, Its share in the "Contract of the Century" is 6.75 %. Since then, the company has expanded its activity in the Caspian region. The company operates in other countries such as Kazakhstan, Lebanon, Syria, Turkmenistan, Georgia, Iraq, Egypt, Russia, and Algeria as well. Recently TPAO has discovered oil in the Turkish sector of the Black Sea and the Turkish territories near the borders with Syria and is currently leading an intensive exploration there.