Corporate Overview

Gulfsands is an independent, public energy company, incorporated in the United Kingdom focused on growth in the Middle East and North Africa region.

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Our Vision

The Group’s geographical focus is the Middle East and North Africa region, where it has interests in oil exploration and development projects in the Syrian Arab Republic (under continuing suspension due to sanctions).

Gulfsands’ ambition is to become a significant energy company and a preferred operator and/or partner of governments and other energy companies and stakeholders.

Syria

Activities in suspension due to the imposition of sanctions on Syria.

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Current Activities:

  • Gulfsands is the operator of the Block 26 PSC with a 50% working interest.
  • The PSC is currently in force majeure as a result of the UK sanctions against Syria.
  • Prior to the Company’s withdrawal from operations on Block 26 in December, 2011, gross Block 26 oil production had reached a level of just under 25,000 bopd.
  • Development approval for two further discoveries had been granted prior to the sanctions being imposed and a third discovery made in late 2011
  • Oil and Gas reserves were reclassified to 2C Contingent Resources in 2015 due to ongoing UK sanctions
  • Contingent 2C Resources: 76.4 mmboe (working interest basis, unrisked as at 31 December 2021)
  • Risked prospective resources 134 mmboe (working interest basis, risked as at 31 December 2021)

Directors

Michael Kroupeev
Non-Executive Chairman
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John Bell
Managing Director
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Andrew James Morris
Finance Director
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Joe Darby
Senior Independent Non-Executive Director
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Senior Management

Omar Al-Hamad
SYRIA GENERAL DIRECTOR
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Faisal Wassouf
TECHNICAL MANAGER
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Martin Arch
GROUP FINANCIAL CONTROLLER
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Corporate
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London HQ

52 Grosvenor Gardens
London,UK
SW1W 0AU

Telephone: + 44 (0)20 3929 9476
Website: www.gulfsands.com
email: info@gulfsands.com

Syria

Ground Floor # 2151, Building #103
Abdullah Ibn Rawaha Street,
Tanzeem Kafarsouseh,
Damascus,
Syria

Abu Dhabi

24th Floor, 2461 Al Sila Tower
Abu Dhabi Global Market Square
Al Maryah Island
Abu Dhabi,
United Arab Emirates

Tel. No   
+971 2 694 8631

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