TotalEnergies, QatarEnergy, ConocoPhillips sign MoU with Syria’s SPC for Mediterranean exploration

TotalEnergies, together with partners QatarEnergy and ConocoPhillips, signed a memorandum of understanding with the Syrian Petroleum Company (SPC) for the exploration of Block 3 offshore Syria in the Mediterranean Sea.

The MoU covers a technical review of the offshore block area and establishes a framework for technical and commercial discussions related to exploration activities. Block 3 lies in the Levantine Basin in the eastern Mediterranean offshore the Syrian city of Latakia, with water depths ranging from 100 m to 1,700 m.

The signing took place at QatarEnergy’s headquarters in Doha with senior executives from all four companies in attendance.