Oil, Gas & Mining

Maurel & Prom, a French independent oil company, has signed a production sharing contract over Block XI located in central-west Syria
Mahrukat is on its way to a record year in terms of sales as demand continues to grow.
Petro-Canada has announced that it had acquired Marathon’s assets in two major gas fields near Palmyra
Stratic Energy Corporation, the operator in Block 17, has announced that it had recently approved, together with its two partners, KUFPEC and DualEx Energy, an expanded seismic programme on Block 17.
Dove Energy has begun drilling operations in the Mare’s field on Block VI
Shell’s new investment in Syria is part of a long-term strategy says Campbell Keir, General Manager of Shell Syria, following the signing of two production sharing contracts with the Ministry of Oil
The production of phosphate in the first three quarters of this year is in line with projections.
Mahrukat is increasing its storage capacity.
Drilling works on the Tigris well have started according to a statement from Gulfsands Petroleum.
Crosco Integrated Drilling & Well Services Co., Ltd. has been awarded drilling, well logging and integrated service contracts by Hayan Petroleum Company.
The Minister of Oil and Mineral Resources has announced that the Syrian Petroleum Company has discovered a new gas field in the area of Al-Braij, 100 km north of Damascus.
The consumption of diesel has risen again in the first half of this year according to preliminary statistics from Mahrukat.
The Government has decided to restructure the Oil and Gas sector by creating two bodies that will oversees separately the upstream and downstream sectors.
Ryder Scott Company, L.P., an oil consultancy firm, has submitted an economic evaluation study of the Tigris structure in Block 26 after it had submitted earlier in the year a reserves evaluation study (Read Gulfsands starts drilling works on Block 26)...
The Islamic Development Bank has accepted to part-finance the building of the third phase of the Arab Gas Pipeline that will run from the Jordanian border to the city of Homs.