NYSE:COPOil and Gas
ConocoPhillips Weighs Syria Offshore Entry And Added Geopolitical Risk
ConocoPhillips (NYSE:COP), TotalEnergies and QatarEnergy signed an MoU with the Syrian Petroleum Company to review and potentially explore a large offshore Mediterranean block in Syria.
The agreement represents the first material entry by Western energy companies into Syria's upstream sector after years of international isolation.
The MoU focuses on technical review and possible exploration activity, with no commitment yet to full field development.
For ConocoPhillips, a global exploration...