Established in Adiyaman, Turkey in 1998, Guney Yildizi Petrol Uretim, Sondaj Muteahhitlik ve Ticaret A.S. (GYP) is a wholly owned, vertically integrated independent oil and gas company. Together with the other sister companies within the group, GYP has more than 50+ years of industry experience. This history along with the dynamic and entrepreneurial talents of the organization has enabled GYP to rapidly expand both here and abroad, to become one of the country’s leading oil and gas exploration, drilling and production and oil services companies. With more than 1,000 employees, operating in five countries on three continents, GYP is committed to building a premium gas and oil company with a reputation for excellence in execution.
Together with its sister companies, GYP holds more than 384.496 acres of exploration licenses and production leases in Turkey. GYP is one of the largest concession holders and operators among the foreign and domestic petroleum companies operating within Turkey. The majority of GYP’s concessions are located by and/ or near the Iraqi borders.
GYP’s administrative office is located in Ankara, with branch offices located in Iraq. In order to facilitate the operation of production leases in southeastern Turkey, the company has also established logistic bases in Adana, Adiyaman and Diyarbakir. International drilling projects include Iraq, Bulgaria, Egypt and Morocco.