TotalEnergies (TTE), together with its partners QatarEnergy and ConocoPhillips (COP), has signed a Memorandum of Understanding (MoU) with the Syrian Petroleum Company relating to the exploration of Block 3, offshore Syria in the Mediterranean Sea. The MoU covers a technical review by the partners of the offshore Block 3 area and establishes a framework for technical and commercial discussions related to exploration activities on this block. “We are pleased to enter into this new partnership with the Syrian Petroleum Company with which we had a long and fruitful relationship from 1988 to 2011, and we look forward to cooperating with QatarEnergy and ConocoPhillips to assess Syrian offshore exploration opportunities in the Mediterranean Sea,” said Julien Pouget, Senior Vice President Middle East and North Africa Exploration & Production at TotalEnergies.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TTE:
- TotalEnergies Re-enters Syria with Offshore Exploration MoU for Mediterranean Block 3
- TotalEnergies Buys Back €115 Million of Shares in Early May
- U.S. fund threatens to divest TotalEnergies stake over wind move, FT says
- TotalEnergies, Dell and Nvidia sign contract for Pangea 5 supercomputer
- TotalEnergies CFO Jean-Pierre Sbraire Sells Shares on Euronext Paris
