Established in 1990 as a member of the PET HOLDING group of companies, PETOIL Petroleum and Petroleum Products International Exploration and Production Incorporated (PETOIL) is active in the fields of crude oil and natural gas exploration, development, production, transportation, refining, marketing and construction.
The company is based in Ankara with a registered branch office
in Erbil, Iraq. The managing positions in the company are mainly
occupied by persons with extensive experience in various disciplines
of the petroleum industry. The number of personnel directly or indirectly
employed by PETOIL currently changes between 50 and 250, depending
on the level of activity of the company.