Friday, December 12, 2025
4 Saudi Firms Signal Main Offers to Develop Oil and Fuel Fields in Syria Below Ministry of Power Supervision
Below the supervision of the Ministry of Power, 4 Saudi firms signed agreements on Wednesday with the Syrian Petroleum Firm to assist and develop oil and gasoline fields in Syria. The Saudi firms concerned are TAQA, ADES Holding, Arabian Drilling, and the Arabian Geophysical and Surveying Firm (ARGAS).
Particulars of the Signed Agreements
1. ADES Holding Settlement
ADES Holding and the Syrian Petroleum Firm signed an settlement that outlines the primary rules for growing, working, and producing gasoline fields. This settlement prepares the inspiration for a remaining technical providers contract to handle gasoline fields and associated amenities within the contract space.
The aim is to extend manufacturing in 5 gasoline fields:
➤ Abu Rabah
➤ Qamqam
➤ North Al-Faydh
➤ Al-Tiyas
➤ Zumlat al-Mahar
It might additionally embrace extra areas that each side agree on later.
2. TAQA Grasp Service Settlement
3. ARGAS Grasp Service Settlement
ARGAS signed a long-term service settlement to supply 2D and 3D seismic surveys and technical providers that assist exploration and drilling. The settlement creates a framework for robust cooperation to advance oil and gasoline exploration and improvement in Syria. It focuses on quick response, operational flexibility, and environment friendly startup of technical initiatives.
4. Arabian Drilling Settlement
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| 4 Saudi Firms Signal Main Offers to Develop Oil and Fuel Fields in Syria Below Ministry of Power Supervision |
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