Shell seeks to exit Syria's al-Omar oilfield, official says
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Shell has requested to withdraw from Syria's al-Omar oilfield, transferring its share to state-owned operators, according to Youssef Qeblawi, head of the Syrian Petroleum Company. The oilfield was recently taken over by the Syrian government after an offensive against Kurdish forces. Negotiations for a financial settlement with Shell are ongoing. Additionally, ConocoPhillips plans to return to invest in Syrian gas fields, while other American companies, including Chevron, are looking to enter the market.
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