Chevron signs MOU to evaluate offshore oil and gas in Syria

Chevron signs MOU to evaluate offshore oil and gas in Syria

In 2013, a Russian company, Soyuzneftegaz, signed a deal to explore offshore Syria but the project was dropped two years later amid years of a raging civil war in the country.

The majority of Syria’s oil production comes from onshore fields in the northeast, such as the Al-Omar field.

UCC Holding is a unit of Qatari-based Power International Holding, according to its website.

(Reporting by Ahmed Elimam and Shadia Nasralla; Writing by Tala Ramadan and Firas Dalaaty; Editing by Louise Heavens)

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