The agreement covers technical review by the partners to evaluate the potential of Block 3, offshore Syria, and sets the framework for further technical and commercial discussions.
His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, witnessed the signing, which took place at QatarEnergy’s headquarters with the attendance of a number of senior executives from QatarEnergy, TotalEnergies, ConocoPhillips, and the Syrian Petroleum Company.
«This agreement reflects QatarEnergy’s continued international growth strategy and its efforts to explore upstream oil and gas business development opportunities in the region and globally», said H.E. Minister Al-Kaabi.
H.E. Minister Al-KaabiQatar added that Qatar looks forward to work with international partners, TotalEnergies and ConocoPhillips, as well as other relevant stakeholders.
Block 3 lies in the Levantine Basin in the eastern Mediterranean waters offshore the Syrian city of Latakia with water depths ranging from 100 to 1,700 meters.
