Our Organisational Structure
The Council of Ministers granted to TPAO a licence to establish a company to be operated for the purposes to contribute to supplying oil need of Turkey, to ensure its operation in respect to its subject matters in international trade, and to conduct oil works and trade abroad pursuant to a foreign legislation under subparagraph 3 added by the Decree Law no. 315 to Article 58 of Decree Law No. 233 on the State Economic Enterprises, and with the resolution of Council of Ministers of 28.07.1988, 88/13196 published in Resmi Gazete (“The Official Gazette”) of 21.08.1988, under the #19906.
By depending on the authority granted by the Council of Ministers the establishment of TPIC was decided by the TPAO Board of Directors. Our company was founded on 07.12.1988 accordingly within the frame of legislation of Jersey Islands. TPIC has purposes to operate in all value chains consisting of oil and drilling, well completion, oilfield development, oilfield surface facilities, transportation, refinery, trade and distribution of crude oil.
TPIC aims to become an exclusive company for individuals who are reliable and reliant on ethical values, environmentally conscious, opened to changes, market oriented, enterprising, able to think multi-dimensionally beyond ordinary limits, innovative, determining targets and working to achieve the same, and open for cooperation, and having a participative profile. Oilfield services and oil trade activities have still been continuing in Iraq, Syria, Azerbaijan, Turkmenistan, Kazakhstan, Ecuador, Colombia, and Venezuela.