Up-Stream Projects Management Team
MPP Energy is a dynamic and highly regarded company that has made significant contributions to the success of various projects in the upstream sector of the oil and gas industry. With a wealth of experience and a team of experts who are well-versed in the intricacies of this challenging industry, MPP Energy has proven itself as a valuable partner in the management and operation of upstream assets.
One of the key strengths of MPP Energy is its ability to serve as a contract operator for various oil and gas projects. As a contract operator, MPP Energy takes on the responsibility of managing and overseeing the day-to-day operations of upstream assets on behalf of its clients. This can include tasks such as drilling, production optimization, maintenance, and health, safety, and environmental management.
MPP Energy's team of experts plays a pivotal role in ensuring the success of these projects. These experts bring a wealth of knowledge and experience to the table, allowing them to make informed decisions and implement best practices that lead to improved efficiency and profitability. Their expertise covers a wide range of areas, including reservoir engineering, production management, drilling and completion, and project finance.
One of the key ways in which MPP Energy adds significant value to upstream projects is through its commitment to innovation and technology adoption. In the constantly evolving oil and gas industry, staying at the forefront of technological advancements is crucial. MPP Energy invests in cutting-edge technology and tools to enhance asset performance. This includes utilizing data analytics, artificial intelligence, and machine learning to optimize production, reduce downtime, and lower operational costs.
In addition to their technical expertise, MPP Energy's project management skills are instrumental in ensuring the successful execution of upstream projects. Their teams are well-versed in project planning, cost control, and risk management, which are essential for delivering projects on time and within budget.
Turkey - Duzce G26-A License
MPP-Energy and Enpet Energy are co-operating in the Duzce G26-A license, one of four exploration blocks in the Sakarya-Duzce license area in Northern Turkey. Since the award, a 2D seismic survey was obtained and interpreted to mature the G26-A prospect ready for drilling. Two main prospects in the Paleocene-Eocene and Cretaceous Akveren have been identified for drilling with mean prospective resources of 328 Bcf of gas in the main target, plus further upside.
This licence area comprises a total of four blocks immediately south of TPAOs successful Akcakoca project and recently discovered the Tuna-1 Gas Well (14.3 Tcf). A total of up to 4 shallow Wells are planned for 2023. High quality infrastructure (Botas Pipeline) is in place with multiple export options to the international markets.
Both companies will work jointly with their partners on other upstream projects in Turkey and the Middle-East, and are actively looking for parters in this and other up-stream projects.