Increasing of number of international oil companies wishing to invest in Syria

Influx of international oil companies wishing to invest in Syria, Continued through exploratory blocks of data into a room in the institution of the oil at a rate of 2-4 on each company.

The number of visiting companies until the end of May 2010 up to 15 companies, noting the desire and appetite of international companies to visit the other room data for the technical documentation, and decadal on advertising for eight exploration blocks amounted to an area up to 72000 km 2.

The Ministry of Petroleum and Mineral Resources identified in partnership with the General Petroleum corporation fifteenth of next September date for the closure of international tender for oil exploration, development and production of eight blocks located in different parts in the north and south-east of Syria, which was announced on 03/31/2010.

Noted that on Sunday, 20 / June, 2010 was the deadline for international bidding for the development of seven areas of oil fields in the province of tenderness, announced by the Ministry of Oil and GPC on the fourteenth of January last The announcement aims to conclude a production-sharing to carry out complete the exploration, development and improved value for the contract based on the book of the annex to the draft contract conditions prescribed for this purpose

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