ConocoPhillips Set to Sign Syria Gas Deal as Early as Week of June 16, 2026
ConocoPhillips plans to sign an agreement with Syria’s state gas company for field development. The U.S. major will work with Novaterra Energy on existing and new production.
middleeasteye.netConocoPhillips is scheduled to sign a deal with Syria’s state gas company for the development of local gas fields as early as the week of June 16, 2026. ” The partnership will develop both existing fields and explore for new production. S.
Energy company has moved to sign a post-war gas deal with Damascus. HKN Energy has already begun operating seven oil fields in Syria under a 25-year agreement with the government in Damascus. Those fields were previously operated by Syria's Kurds.
The HKN contract is structured as a production-sharing deal and represents the first major arrangement of its kind between Syria's new government and an international oil company. Syria has sought to revive energy activity after years of civil war, and the ConocoPhillips arrangement would expand foreign participation in that effort.
