General Petroleum Corporation in collaboration with the Swedish SVENSKA holds workshop on methods and investment contracts and prospecting for oil in Syrian territorial waters

As General Petroleum Corporation is preparing tender books and the required documents for the announcement to launch the exploration activities in the Syrian territorial water, and for the purpose of having benefit from the international companies’ experiment in this field, a workshop has been set up in corporation with SVENSKA Sweden, who has submitted a presentation about methods and contracts of investment and oil and gas prospecting, especially in the deep water simulating the work environment and circumstances in the Syrian territorial water.

The presentation has shown the importance of east Mediterranean area from the hydro carbonic aspect and the importance of contractual provisions that attract the concerned companies and the investors in order to succeed the project of oil and gas exploration in the Syrian territorial water.