The European Union will put on hold high-level talks with Ankara and negotiations on an air transport agreement, as well as freeze funding for Turkey next year, over “illegal” drilling for gas and oil off Cyprus,
Turkey’s foreign ministry said on Wednesday it rejected statements by Greek and European Union officials that Turkish drilling for gas and oil off Cyprus was illegitimate and said the EU could
EU foreign ministers on Monday agreed measures including cutting 145.8 million euros ($164 million) in pre-accession financial funds to Turkey allocated for 2020.
Adnoc Drilling Company on Monday announced its intention to proceed with an initial public offering and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX).
Adnoc Drilling Company on Friday announced its financial results for the fourth quarter and full-year ending Dec.31, 2021, with a net profit for the full year $604 million, up 6 per cent year-on-year.