Sigma Live

Turkey-Chevron: Talks for Joint Oil and Gas Exploration

Published January 20, 2026, 17:18
Turkey-Chevron: Talks for Joint Oil and Gas Exploration

Turkey is seeking to strengthen its energy cooperation with American companies, such as Chevron, in an effort to avoid being left out of developments in the Eastern Mediterranean. This move comes after an agreement with ExxonMobil and amid increasing energy exploration and deals between Greece and other countries in the region with American giants. Talks with Chevron concern potential joint oil and gas exploration activities globally, including seismic surveys and drilling. Chevron is already operating in Israeli and Cypriot waters, which adds geopolitical significance to the cooperation. Both companies avoided specific comments on the talks, but this move indicates Turkey's desire to maintain a strong presence on the region's energy map.