Syria Awards Gas Deal to ConocoPhillips and Novaterra
The agreement follows sanctions relief and comes as Syria seeks foreign investment to rebuild its energy sector and lift output from war-hit gasfields.
10 Articles
10 Articles
ConocoPhillips Will Be the First U.S. Oil Company Back in Syria
Current conditions: The powerful earthquake that killed at least 61 people in the Philippines last week raised the seabed by as much as 7 feet • Raja Ampat, the archipelago off Indonesia’s Southwest Papua province, is enduring days of intense thunderstorms • The Gulf Coast of Texas is bracing for what could become a tropical cyclone set to dump heavy rain across the region. THE TOP FIVE1. ConocoPhillips becomes the first U.S. oil company to reen…
Damascus Seals Major Gas Development Pact with U.S. Energy Giants
The Syrian Petroleum Company (SPC) signed a major gas-development contract on Tuesday, June 16, 2026, with U.S. energy companies ConocoPhillips and Novaterra Energy, marking one of the most significant foreign investment agreements in Syria’s energy sector in more than a decade. The deal aims to develop several onshore gas fields, expand production capacity, and reinforce the national grid with additional supplies for the electricity sector and …
President al-Sharaa discusses energy cooperation with international companies
Damascus, June 16 (SANA) President Ahmad al-Sharaa received on Tuesday at the People’s Palace in Damascus CEO of ConocoPhillips Ryan Lance, CEO of Novaterra Energy Alex MacDonald, and Syrian businessman Ayman Asfari. Talks during the meeting dealt with aspects of cooperation in the energy sector, following the signing of a development contract with the two companies to upgrade the operational infrastructure of gas fields and enhance national gas…
Syria signs deal with ConocoPhillips, Novaterra to revive gas ...
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