Oil, Gas & Mining

Gulfsands Energy has announced that it will extend exploration works in Block 26 after the end of the initial phase of its production sharing contract (PSC).
Rami Makhlouf and Nizar Assaad, two of Syria’s most prominent businessmen, are investing together USD 23.2 million in an independent UK-based oil company with operations in Syria.
Syria’s production of crude oil reached 382 300 barrels a day in the first quarter of this year, according to the Ministry of Oil.
The Ministry of Oil is organising a one-day meeting in London to promote offshore investment opportunities.
Shell will devise a master plan for the development of the gas sector in Syria, following an agreement signed between the Anglo-Dutch firm and the Ministry of Petroleum.
Gulfsands Petroleum has announced that drilling and initial testing operations on the Khurbet East well had encountered four significant hydrocarbon bearing reservoirs.
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.


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