TotalEnergies, QatarEnergy and ConocoPhillips sign deal to review offshore block in Syria

Middle East News
12-05-2026 | 08:58
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TotalEnergies, QatarEnergy and ConocoPhillips sign deal to review offshore block in Syria
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TotalEnergies, QatarEnergy and ConocoPhillips sign deal to review offshore block in Syria

French oil major TotalEnergies, QatarEnergy and ConocoPhillips have signed a deal with the Syrian Petroleum Company to launch a technical review of the offshore Block 3 area near the Syrian city of Latakia, TotalEnergies said on Tuesday.

The memorandum of understanding establishes a framework for discussing commercial exploration, and is part of a broader push by Syria's new government to attract ⁠foreign investment into the country's battered energy sector after years of civil war and sanctions.

"We are pleased to enter into this new partnership with the Syrian Petroleum Company with which we had a long and fruitful relationship from 1988 to 2011, and we look forward to cooperating ⁠with QatarEnergy and ConocoPhillips to assess Syrian offshore exploration opportunities in the Mediterranean Sea," Julien Pouget, Total's upstream senior vice president for the Middle East ⁠and North Africa, said in a statement.


Reuters

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ConocoPhillips

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