- Business
- Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S. engages in the research, exploration, development, and production of energy resources, primarily focusing on petroleum, natural gas, coal, and renewable energy in Turkey. Its main products and services include crude oil and natural gas exploration and production, as well as related energy resources development. The company also operates in construction, air transportation, tourism and hotel management, and food and livestock sectors. It operates high-technology production facilities initiated after its first economic crude oil discovery in 2013, with significant project developments in the South Eastern Anatolian Region including Kozluk and Sirvan projects.
Founded in 1968 and headquartered in Ankara, Turkey, Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim A.S. is a subsidiary of Koza Ipek Holding A.S. Recent major developments include a strong financial turnaround with the company reporting a net profit of 783.1 million Turkish Lira for the third quarter of 2025, reversing a prior year loss, driven by increased sales exceeding 5.6 billion Turkish Lira. For the nine months ending September 30, 2025, sales reached 14 billion Turkish Lira with net income of 1.04 billion Turkish Lira, reflecting an improving operational performance and greater revenue generation.
The company continues to focus on expanding its energy portfolio and operational footprint within Turkey through advanced exploration and production activities and strategic project developments. It emphasizes technological advancement in its drilling and production methods to optimize resource extraction and efficiency. This integrated approach positions Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim as an important player in Turkey's upstream oil and gas and broader energy sectors.