On 8 June 2019, it was announced that Turkiye Petrolleri A.O. (TPAO) has been awarded the F20-D3 offshore exploration licence in the Marmara Sea in Thrace Basin on 29 May 2019. The company had submitted the application on 27 July 2018. The licence covers around 85 sq km area and it has been granted for eight-year term with an expiry date of 28 May 2027. TPAO is 50% owner and operator of the licence, and the remaining 50% equity is held by the Boru Hatlari ile Petrol Tasma.
TPAO) has been awarded the F20-D3 offshore exploration licence in the Marmara Sea in Thrace Basin 