Baker Hughes and TPAO sign deal to assess advanced geothermal in Turkey

FinanceInternationalInspenetNov 13, 2026, 8:00 AMAI summary

Baker Hughes and Turkish state-owned TPAO signed an agreement, announced during COP31 in Antalya, to assess the development of enhanced geothermal systems (EGS) in Turkey. The cooperation includes a phased roadmap: a national assessment of potential using geological information from TPAO and the General Directorate of Mineral Research and Exploration (MTA), identification of sites and well design, before possible pilot drilling and commercial developments. Turkey has about 1.8 GW of installed geothermal capacity.

In 40 seconds

Baker Hughes and TPAO will assess enhanced geothermal systems (EGS) in Turkey under a deal announced at COP31 in Antalya.
The plan moves in stages: national potential assessment, site identification and well design, then pilot drilling.
TPAO will contribute geological information together with the General Directorate of Mineral Research and Exploration (MTA); Baker Hughes will add drilling and generation technology.

Read the full story at Inspenet

IASummary generated by artificial intelligence from a story by Inspenet. It may contain errors: the original source prevails.

Baker Hughes
TPAO
geotermia
Turquía
energía

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Baker Hughes and TPAO sign deal to assess advanced geothermal in Turkey

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Goldman Sachs expects the S&P 500 to rise 14% in 2027 after the tech selloff

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