QatarEnergy, TotalEnergies, ConocoPhillips sign Syria offshore exploration deal

Major global energy firms are moving into Syrian waters. QatarEnergy, TotalEnergies, and ConocoPhillips have signed an agreement to assess offshore exploration possibilities off Syria's coast. The deal, announced by QatarEnergy, sets a framework for technical discussions and studies related to exploration activities in a specific block. No drilling or production has been committed yet; the initial phase focuses on data collection and technical evaluation. The agreement marks a rare step into a region long isolated from international investment.