Occidental Acquires New Exploration Block in Syria
Damascus Petroleum Limited, a wholly-owned subsidiary of Occidental PetroleumCorporation, has signed a production- sharing oil concession agreement with theSyrian authorities for the 1.7mn acre (6,880-sq. km.) al-Nabk block insouthwestern Syria. The new block lies immediately to the north of the 2.8mnacre (11,525-sq. km.) Bosra block near the border with Jordan, which wasacquired by the Occidental group in...