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Esso fuel card news: ExxonMobil to explore Black Sea

18 March, 10
ExxonMobil is to start exploration off the coast of Turkey in the Black Sea in the first half of 2011 using a deepwater drillship that is being designed in South Korea.

Elwyn Griffiths, the vice-president of the ExxonMobil exploration division, said at a conference in Ankara that the company expected to "utilise a world-class drillship with superior ultra-deepwater technology in the Turkish Black Sea".

The drillship has two drilling stations which can both work at the same time to increase efficiency. It is capable of staying in position in 70 mile per hour winds and 30 foot waves.

Drew Goodbread, ExxonMobil's general manager in Turkey, said that the drillship can drill up to 12,190 metres in up to 3,660 metres of water.

Yesterday the news also came that Turkey is negotiating the renewal of an agreement about the pipeline that carries oil from Iraq's northern oil fields to Turkey's Mediterranean port of Ceyhan.

Posted by Matt Haskins
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Esso fuel card news: ExxonMobil to explore Black Sea