Syrian Oil Company produced about 36 million barrels of oil during the first half of this year.

Al-hamad :the presence of foreign companies such as Shell and Total help in attract other companies to put investments in exploration and production in Syria.

Eng.Omar Al-Hamad Director General of the Syrian Oil Company of Oil production said that Syrian oil production during the first half of this year increased by / 1.89 / percent compared with production during the first half of the year 2007. Gas production also increased by / 0.3 / percent compared with the same period.
Al-hamad said in a statement to / Syria Oil / that the company carried out plans well in the first half of last year, despite many difficulties , have been produced / 35.7 / million barrels per implementation of almost 100 percent, and production / 2.8 / billion meters Office of Gas by implementing 106 percent.
On the announcement of new areas for prospecting and exploration Al-hamad said that the Syrian Oil Company has announced its most areas of Syria has been contracted / 14 / international companies operating in the area of exploration and development of oil and gas and from different nationalities are currently discussing five decades to open five regions and processing the final form for signature in addition to the existence of correspondence with companies qualified for two new, and will be discussed in the light of the presentations will respond to the company.
He added that the company is working to re-evaluate areas that have not been contracted for and follow-up exploration work by the company staff or Universal Declaration, in light of the number of regions and places in addition to the situation declared that Syrian Oil Company on four areas freely, and received an offer from one company to one region , currently it is studying the offer and re-examine and evaluate the book of terms previously announced, and contact with some firms for the global experience in marine areas to assess the operations of the declaration to be in the light of these results re-announcement of the marine areas.
With regard to the extension of contracts with two companies Shell and Total in Syria, Al -hamad explained that he negotiated with each of the two Shell and Total to extend their contracts in the development field in which currently operates two-Furat oil and oil-Deir Al-Zour, in the light of the explanations and suggestions received from staff working in these companies ( Al Furat company and Deir Al-Zour oil).
He said that the presence of two foreign companies such as Shell and Total help attract other companies to put investments in exploration and production in Syria, in addition to that can take advantage of techniques and expertise of these global companies and applied in the petroleum industry, so you are discussing these companies to reach the best conditions for the extension.

Syria-oil