TotalEnergies Signs with QatarEnergy and ConocoPhillips to Explore Syrian Offshore
TotalEnergies, together with QatarEnergy and ConocoPhillips, signed a memorandum of understanding (MoU) on Tuesday with the Syrian Petroleum Company to explore offshore block 3 in the Mediterranean off the coast of Syria.
A Technical Evaluation Agreement on Offshore Block 3
The agreement signed with the Syrian Petroleum Company involves a technical evaluation of the area of offshore block 3 by the three partners. The memorandum of understanding also establishes a framework for technical and commercial discussions related to exploration activities on this block.
Resuming Collaboration After More Than a Decade
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TotalEnergies is strengthening its presence in the Eastern Mediterranean through this new partnership with the Syrian Petroleum Company, with which the group had maintained relations from 1988 to 2011. Julien Pouget, Director of Middle East and North Africa for the Exploration-Production branch of TotalEnergies, stated: "We are pleased with this new partnership with the Syrian Petroleum Company with whom we have had long and successful relations from 1988 to 2011, and we look forward to cooperating with QatarEnergy and ConocoPhillips to assess offshore exploration opportunities in the Mediterranean Sea off the coast of Syria."
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