Turkish, Hungarian national oil companies to begin exploration at 2 sites in Hungary

Turkish, Hungarian national oil companies to begin exploration at 2 sites in Hungary

Cooperation between TPAO and Hungary’s MOL expected to grow stronger and continue in future, says Turkish energy and natural resources minister - Anadolu Ajansı

MOL Group, Turkish Petroleum to explore hydrocarbons in Hungary

MOL Group and Turkish Petroleum have entered into concession agreements with Hungary's Ministry of Energy, granting the companies rights for joint hydrocarbon exploration in two concession areas in Hungary: Tamási and Buzsák

MOL Group and Turkish Petroleum join forces to explore hydrocarbons in Hungary – euro-petrole.com – EUROP INFO

In a notable move poised to enhance energy cooperation in the region, MOL Group and Turkish Petroleum have announced a strategic partnership to explore hydrocarbon resources in Hungary. This collaboration underscores the growing importance of international alliances in addressing energy demands and optimizing natural resource development. As both companies bring their expertise and technological advancements to the table, this joint venture is e…

Mol is the largest hydrocarbon extraction company in Hungary, with about 1300 oil and natural gas wells.

MOL Group and Turkish Petroleum have signed concession agreements with the Hungarian Ministry of Energy granting them the rights to jointly explore for hydrocarbon deposits in two Hungarian concession areas, Tamási and Buzsák. The joint bid and exploration program are the first important step since the signing of a strategic partnership agreement between the two companies last year. Slovnaft, part of MOL Group, announced this on Wednesday. “We h…