The Syrian Petroleum Company signed a memorandum with Chevron and Power International Holding in February 2026. By 11 May it had received a formal notice to proceed on a selected offshore block, with field operations set for the summer. The interval between those two dates is the part of an exploration project that usually takes longest.
Projects
AnnouncedLatakia
Syrian deep-water offshore exploration block
Syria’s first deep-water offshore oil and gas exploration project, in territorial waters, with Chevron proceeding alongside the Syrian Petroleum Company and UCC Holding. Technical and field operations were scheduled to begin in summer 2026.