SYRIA

Syria Signs Oil Concession Agreement with Tricentrol

Syria has signed an oil concession agreement with Tricentrol of the UK covering an area of 3,800 sq. kms. north of al-Furat Petroleum Company's Dair al-Zur concession, which contains the Tayyim field (MEES, 13 April), and adjoining the Syrian Petroleum Company's Jubaisah field. The concession, owned 75% by Tricentrol (operator) and 25% by Norway's Norsk Hydro, consists mainly of acreage relinquished by Rompetrol of...