On 8 June 2019, it was announced that Turkiye Petrolleri A.O. (TPAO) has been awarded the F20-C3,C4 offshore exploration licence in the Marmara Sea in Thrace Basin on 28 May 2019. The company had submitted the application on 26 July 2018. The licence covers around 108 sq km area and it has been granted for eight-year term with an expiry date of 27 May 2027. TPAO is 100% owner and operator of the licence.
TPAO has been awarded the F20-C3,C4 offshore exploration licence in the Marmara Sea in Thrace Basin 