Baker Hughes and TPAO partner to develop next-gen geothermal energy in Türkiye for reliable, low-carbon power.

Baker Hughes and Türkiye Petrolleri Anonim Ortaklığı (TPAO) have signed an agreement to explore and develop enhanced geothermal systems (EGS) across Türkiye. This initiative aims to expand geothermal power generation beyond conventional resources, supporting Türkiye's goals to reduce emissions and boost energy security. The phased plan includes assessing geothermal potential nationwide, evaluating well sites, pilot drilling, and eventual commercial-scale development. EGS technology uses advanced methods to create geothermal reservoirs in hot, dry rock, enabling more reliable and scalable geothermal energy production.

Baker Hughes shares show steady interest on Pluang, with all order activity on the buy side and a 1-day price increase of 0.36%. The stock trades at USD 49.59 as of Nov 12, 2026 19:11 WIB, reflecting ongoing investor confidence amid energy sector developments.