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Stockreport

Syria signs landmark offshore oil field deal with Chevron and a Qatari investor [BNN Bloomberg (Canada)]

Chevron Corporation (CVX)  More Company Research Source: BNN Bloomberg
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Syrian Petroleum Company's deal with U.S. energy giant Chevron and the Qatar-based Power International Holding was signed in Damascus in the presence of the U.S.'s special envoy to Syria, Tom Barrack. Syria's state news agency, SANA, said that the agreement aims to strengthen strategic partnerships in the energy sector and will cover cooperation in offshore exploration and the development of oil and gas resources in Syria's territorial waters, as well as broader efforts to support investment and energy-sector development. The deal marks Syria's first formal step toward offshore energy exploration as the government seeks to expand hydrocarbon production and attract foreign partners. Youssef Kabalawi, the CEO the of Syrian Petroleum Company, described the deal as “the most important” offshore energy exploration deal in Syria's history. “Before the summer, God willing, we will start mobilization and drilling,” Kabalawi said. He said it is estimated that it could take up to four [Read more]
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Stockreport

Syria signs landmark offshore oil field deal with Chevron and a Qatari investor [BNN Bloomberg (Canada)]

Chevron Corporation  (CVX) 
More Company Research Source: BNN Bloomberg
Last chevron corporation earnings: 5/1 06:45 am Check Earnings Report
US:NYSE Investor Relations: chevron.com/investors
Syrian Petroleum Company's deal with U.S. energy giant Chevron and the Qatar-based Power International Holding was signed in Damascus in the presence of the U.S.'s special envoy to Syria, Tom Barrack. Syria's state news agency, SANA, said that the agreement aims to strengthen strategic partnerships in the energy sector and will cover cooperation in offshore exploration and the development of oil and gas resources in Syria's territorial waters, as well as broader efforts to support investment and energy-sector development. The deal marks Syria's first formal step toward offshore energy exploration as the government seeks to expand hydrocarbon production and attract foreign partners. Youssef Kabalawi, the CEO the of Syrian Petroleum Company, described the deal as “the most important” offshore energy exploration deal in Syria's history. “Before the summer, God willing, we will start mobilization and drilling,” Kabalawi said. He said it is estimated that it could take up to four [Read more]
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