Middle East Economic Survey

VOL. XLVII

No 50

13-December-2004

SYRIA

SPC Awards Exploration Contracts To DNO, Dove Energy

The Syrian Petroleum Company (SPC) on 1 December awarded a production-sharing contract for oil and gas exploration in Block 7 in the north of the country to Norways DNO with UK-based Dove Energy. The block was one of the 14 on offer under the 2004 licensing round (MEES, 26 January. For map see MEES, 6 January 2003). The companies are committed to spending $3.5mn in the first...