Oil, Gas & Mining

Crosco has announced that it had signed an extension to its contract with Gulfsands Petroleum for drilling services
The building of an oil refinery in Deir-ez-Zor moved further ahead following the signing of a new Memorandum of Understanding between the Minsitry of Oil and Noor Financial Investment Company
The Ministry of Oil has invited international oil companies to bid for the exploration of four offshore blocks. This is the first time Syria offers offshore areas for exploration
Stroytransgaz has won a contract to build a gas processing plant in Syria’s central area and develop nearby gas fields.
Total production at the Oudeh and Tishrin fields reached 8 592 barrels of oil a day at the end of the first quarter of this year, according to a press statement from Tanganyika Oil Company. The two fields are developed by Dublin International Petroleum...
Gulfsands announced that initial results on the drilling works taking place in the Khurbet East well in Block 26 had shown the presence of hydrocarbon
Stroytransgaz is finalizing discussions with the Syrian Government to build a gas processing plant in the central area, according to sources close to the company.
Syria is moving closer to build its first privately-held oil refinery, according to Abdallah Dardari, Deputy Prime Minister.
The General Company for Phosphate and Mines (GECOPHAM) expects to achieve a 15.4 percent growth in profit in 2007.
Results from drilling at Tigris-1 well have been inconclusive and have led to a disagreement on the commercial prospects among the two partners in Block 26
Gulfsands has announced that it had contracted with Crosco for the supply of a rig to be used for drilling works that will start in the middle of this month
Ten new blocks will be offered for concession in the coming two months according to the Syrian Minister of Petroleum
The local demand on diesel is expected to reach 7.7 million tons in 2007, according to the estimates of Mahrukat, the state-owned firm in charge of distributing oil by-products.
Works on the first phase of the Syrian section of the Arab Gas Pipeline are moving on schedule according to officials from the Syrian Gas Company
Syria’s production of phosphate reached 3.664 million tons in 2006 according to the General Company for Phosphate and Mines