Wednesday · February 4, 2026

Syrian Petroleum Company Signs MoU With Chevron and Power International Holding for Syria's First Offshore Oil and Gas Field

Not yet re-checked Importance 6/10 ~1 min read 1 source 2 actors

Syria’s state-owned Syrian Petroleum Company signed a memorandum of understanding with Chevron International and Power International Holding for the development of the country’s first offshore oil and gas field. The agreement aims to invest in exploration and drilling within Syrian territorial waters, strengthen strategic energy partnerships, and support development pathways.

This is a state counterparty to Power International Holding separate from the Ministry of Energy and the Civil Aviation Authority.

Sources & Citations

[1] Syria signs cooperation deal with Chevron, Power International for first offshore field — Syrian Arab News Agency (SANA) · Feb 4, 2026 Tier 1
Tiers Tier 1 court records & gov docs · Tier 2 established outlets · Tier 3 regional & specialty press · Tier 4 opinion or single-source. Methodology →
Cite this entry
The Cascade Ledger. “Syrian Petroleum Company Signs MoU With Chevron and Power International Holding for Syria's First Offshore Oil and Gas Field.” The Capture Cascade Timeline, February 4, 2026. https://capturecascade.org/event/2026-02-04--syrian-petroleum-company-signs-mou-chevron-power-international-holding-first-offshore-field/