Shell Seeks Syria Exit While U.S. Firms Eye Al-Omar Oilfield

Key Takeaways Shell is seeking to exit Syria's al-Omar oilfield as government forces regain control nationwide.Al-Omar output fell sharply under Kurdish control, leaving the field damaged and in need of major repairs.U.S. firms like Chevron and ConocoPhillips are exploring a return as Syria is reviving its oil and gas sector.Shell plc (SHEL) is reportedly seeking an exit from Syria’s al-Omar oilfield, the country’s largest producing asset, as the government regains control of key energy infrastructure and U ...