What is the purpose of the memorandum of understanding signed by TotalEnergies, QatarEnergy, ConocoPhillips, and the Syrian Petroleum Company?

The memorandum of understanding establishes a framework for discussing commercial exploration and launches a technical review of the offshore Block 3 area near Latakia, as part of Syria's new government's broader push to attract foreign investment into its battered energy sector after years of civil war and sanctions.

Why did TotalEnergies leave Syria in 2011, and what was its production level there before departure?

TotalEnergies left Syria in 2011 to comply with European Union sanctions, after producing 53,000 barrels of oil-equivalent per day—mostly natural gas—there that year.

TotalEnergies, QatarEnergy and ConocoPhillips sign deal to review offshore block in Syria

May 12, 2026

TotalEnergies, QatarEnergy, and ConocoPhillips signed an MoU with Syria's Petroleum Company to review offshore Block 3, signaling renewed foreign investment interest in the region's energy sector.

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