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Delta Crescent Energy: The 1-Year-Old Company That Is Taking Charge Of Syria’s Oil

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Delta Crescent Energy: The 1-Year-Old Company That Is Taking Charge Of Syria's Oil

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Since late July 2020, columns of US armored vehicles are entering northeast of Syria from Iraq.

Despite the withdrawal, it appears that American ambitions to ‘assist’ Syria in extracting its oil for the alleged benefit of the Kurdish Syrian Democratic Forces (SDF) need a bit more support.

The US forces are bringing in equipment for a US company that will develop oil fields in an area controlled primarily by the SDF.

Washington gave oil production in Syria to a company formed a year ago, which belongs to the former US ambassador to Denmark, an ex-special forces officer and an oil worker who in the 2000s collaborated with the Syrian authorities to develop fields in that region of the country.

US coalition forces brought equipment, materials and oil storage tanks to their bases in northeastern Syria over the weekend.

Al-Masdar reported that more than 50 vehicles have entered the Hasakeh province from Iraq through the Alwaleed border crossing.

Lebanese media sources said that the convoy was accompanied by armored vehicles.

This delivery of equipment and materials is not the only one this month. According to Politico, in late July and early August, the Kurds signed a contract with the American company Delta Crescent Energy, which will develop reserves and export Syrian oil. Large-scale delivery of materials and equipment is connected with the beginning of its work.

According to Politico, some of the oil will be processed locally for the Kurds themselves, and some will be sold. Politico’s Syrian sources claim that buyers can be the Syrian government, Turkish-controlled militants, and Iraqi Kurdistan.

Delta Crescent Energy is the only company currently licensed by the US Treasury to produce oil in Syria.

“Our goal is to bring production to the level it was at before the war and the sanctions,” said one of the owners of the company, James Kane.

Northeast Syria, is mainly made up of the province of Deir ez-Zor. It is notable for the fact that it contains 75% of the country’s oil reserves – 2.5 billion barrels.

And most of the fields east of the Euphrates are controlled by the United States and the SDF, whose strike force is the Kurdish People’s Self-Defense Forces. Before the war, oil production in Syria was 20 million barrels per year.

Judging by open data, Washington hastily created the company and gave it to people who have the experience and capabilities to establish the production and sale of Syrian oil.

Damascus has already repeatedly called the US project a theft.

Delta Crescent Energy was registered last August in Delaware, according to Opencorporates.

The owners are not named, but Politico and several other Middle Eastern media outlets refer to them as James Kane, James Reese and John Dorrier Jr.

The first is known for being the US ambassador to Denmark for four years under President George W. Bush, and now owns Cain Global Partners, which promotes various brands in the Middle East, including Lego.

Reese, one of the partners of Delta Crescent Energy, has been a strong advocate of US military presence in Syria. In 2018, he declared on Fox News “We own the whole eastern part of Syria…That’s ours. We can’t give that up.” Presumably the ‘Delta’ part of the company’s name comes from him, since he spent part of his 25-year service in the US army as part of Delta Force.

Following his retirement in 2007, he formed TigerSwan, a company that provides security, logistics and risk management services to private businesses and US government agencies worldwide, including hot spots.

Finally, John P. Dorrier Jr. is a former executive at GulfSands Petroleum between 2004-2008, a UK based company that had previously worked in northeastern Syria.

It was at this time that the company entered the Syrian market, obtained a license for the Block 26 site in the north-east of the country and discovered the East Khurbert oil field there, which produced 18.5 thousand barrels per day before the war.

Gulfsands Petroleum later discovered and launched several more fields and was one of the last companies to halt operations in Syria in 2012 due to sanctions.

US Secretary of State Mike Pompeo said the White House supports the project and is aimed at modernizing the fields.

“The deal took longer than we expected and is now being implemented,” Pompeo said, according to Politico.

This, of course, comes entirely to the detriment of Syria, since in its attempt to presumably assist the local population, against the “bloody Assad regime”, the US has entirely occupied its oil field, now begins to exploit them and the only option is for Damascus to purchase oil extracted from its own country’s reserves.

“Syria is not able to cover even its own needs without the help of the allied Iran, which has been regularly sending oil tankers to Syria for several years now,” Russian military expert Yuri Lyamin explained.

The Syrian Foreign Ministry said that the deal with the American company was illegal and that Syrian oil was being stolen under the patronage of the American administration.

The Kurds themselves do not comment on the arrival of Delta Crescent Energy and say that they would prefer cooperation with Damascus. This was stated by Aldar Khalil, a member of the “Presidential Council” of the Kurdish Party of Democratic Union (PYD).

He noted, according to Al-Sharq Al-Awsat, that previously oil from the eastern bank of the Euphrates was being sold to the Syrian government.

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verner

thievery in broad daylight – take it to court, the international criminal court ought to be able to deal with abject plunder by a belligerent disunited states of A.

Zionism = EVIL

It is a CIA front company, like their drug running cartels, but believe me the cost of the daylight oil theft is going to be very high soon.

Damien C

The fact that the Syrians didn’t just missile the fuck out of the extraction equipment or oil-fields meant that they had plans to cross the Eurphrates in force before this American piracy had the opportunity to become permanent. And now they are crossing with Russian and Iran

François

Hope they will get back all oil fields… And they will finally ang logically recover it…

François

As everybody knows, OIL and GAS are the ONLY REASON of the war in Syria. The US wants to control Syrian Oil and hinder Iran regional influence. Recently Turkey annunced “Fantastic news of natural gas deposit. … In fact they knew it several years ago, and the final reason why Turkey is messing in Syria is to finally impeach Iranian gas pipeline project to Europe, IN ORDER TO sell their own “Turkish” gas instead. Erdogan is a desperate poor guy…May the Tukish people kick his ass some day…

HiaNd

Sorry Francois I am always party pooper. The biggest reason why US are there is IsraHell and Iran and only than Assad and oil,gas…

IsraHell because they have huge influence over US and they have asked US not to leave Syria (to keep the occupation of the country for 2 reasons)

1) Because they want Syria to stay weak as country (if they have failed with Caliphate ISIS terrorism, to have at least part of the plan executed) and deny access to them to their oil, gas.

2)To keep the Iranians as much as possible out of Syria

François

Thank you for your point of view:)… Nevertheless mi opinion is different

HiaNd

Fair enough François, I have no problem with that.

But at least learn to read English and do not put in my mouth something I did not say! I did not mention Turkey yet you accuse me of that That is not even reading problem but problem of absence of basic decency. Because you accuse me of something I did not say

François

You’re the liar HiaNd, you published a post and then eraseed it? And what’s the Hell wrong with you if I say Turkey? If I want to say what I wish about Turkey, I will just do it you get it? An please learn to be fair play and don’t vote down my answers :) I also noticed you always vote down some other comment with another Israëli terrorist Iron Zion … Ok, are you honest mister terror??? I have big problem with perverse people OK?

HiaNd

What did I “erase” you CHEAP LIAR?!!!! My comments are missing because erased by Admin or somebody from Disqus! It was you who was “flagging them” aren’t you?!!

You were probably flagging my comments so they are erased now! If not you somebody had to do it and it sure wasn’t me!! I never “flag” my own comments! So who else but you?!

And YOU call me “perverse”?!!?

And now you play innocent like it is as if I did that?!! Why would I erase my comments?!!!

François

Flagging? What flagging??…. You’re 15 years old or what?

HiaNd

I did NOT ERASE my comment ! So if it wasn’t me than who was it?

It could be only “flagged” to be removed ! End of story .

Good bye !

François

OK, that’s right you didn’t mention Turkey…. BUT I did!

HiaNd

So what if YOU did ? You were suppose to answer on MY comment not on yours !

Why didn’t you answer on MY comment and MY argument instead of answering on something I did not say? Are you talking to me or you talking to yourself?

François

HEYYYYY! Something is getting up side down in your imagination, buddy? I will just say what I want in Southfront, that’s it. You don’t want me to live on my own, and expect I would submit to you? Keep dreaming! If only I could invite you a coffee, you would be deeply mislead by who am I exactly…. Believe me You’re getting upset easily, that’s bad for your nerves, my friend. Relax! I guess you’re from Turkey… jajajja I have some good Turkish friends there. Generally good people, relax bud… Kind salute from France:)…

HiaNd

You have pissed me Francois! I am nice guy but I do not support be called “liar” or accused of something I DID NOT DO ! Good bye!

François

How can you say Turkey asked anything to the US, if the US has completely different plan in Syria, using Kurds that are Erdogan ennemies? Kurds were originally even intend to bring chaos to Turkey, so to rattle Erdogan regime. I admit they may have some kind of opportinism, by the way both protagonists can eventually find common interests despite everything. Really perverse game!

HiaNd

Where the fuck did I do that ?!? Where did I mention ‘Turkey” or “Kurds”?!? What is wrong with you?

lvjcr08

The syrian govt should immediately issue international arrest warrants for all the directors of the thieving oil company and any banking company funding them. Won’t do any good, but might make the American people wake up to the theft in their name.

HiaNd

Killing some of those bastards would be much better than “warrants” and with much greater effect.

lvjcr08

Whilst killing them will do some good, exposing them as thieves killed in the act will help even more.

HiaNd

Fuck the bollocks morality and nobody cares in this violent world… Those educated already know that US are just common thieves and murderers! Others just don’t care! Why killing? It is extremely logical tactics actually

Killing them will make that job VERY low profitability bussines. Because everybody normal would refuse to risk life for not having adequate salary. With low oil prices and very high expenses, wages + paying US mercenaries to protect them from snipers (but they would have hard time to protect from occasional mortars) that would ruin their effing business=ROBBERY

lvjcr08

It costs the US over a $1million dollars for each soldier deployed in Iraq per year, so Syria cost is probably more. The profit from the oil doesn’t even cover that cost. So money doesn’t really come into it. The purpose of the operation is to deny Syria the oil. The US deep state hasn’t yet given up on regime change. One way to change that is to shame the US public who don’t want these foreign wars anyway. Dying as heroes is one thing dying as thieves is another. If directors of companies feared travelling abroad for fear of international arrest, then other things might change as well. The US has for too long had the advantage in lawfare. It’s about time to start playing them at their own game.

HiaNd

Sorry don’t agree. It is not straight forward denying only…

Money always “comes into it” Money comes into everything specially now when US is dire straits and starts to restrict ever growing military budget. This “oil exploitation” is most probably for CIA “black ops” funds that are used for their terrorist activity around the globe or for “black funds” for Pentagon …for again illegal military operations.

THEY ARE THIEVES and EVERYBODY who wants to know the truth knows that already! Western media is CLOSED for any kind of “truth”

To “shame” US public?!? Ha ha ha and who is suppose to do that?! Some Jew tube “rebel against injustice” channel? To get banned in 5 seconds for life…Handful of nobodies with their anonyme blogs? South Front till they lose license? Russian Sputnik and RT? Get real please !!!

lvjcr08

Meanwhile in the real world – your idea to kill them all- well that has worked out really well in Afghanistan and Iraq. Perhaps in another 20 years you might come up with another bright idea.

HiaNd

Who ever said to “kill them all”?!? Where the hell did you read that? You have obviously missed my point completely from the start.

I don’t know if I am “bright” but at least I know how to read. Maybe you can also, if you just try harder.

lvjcr08

Note I did not say you were not bright -I just said you do not seem capable of generating any bright ideas. Maybe it’s a comprehension thing.

If violence was the only solution as you are postulating. Then the Iraq and Afghan wars would already be over. The US does not care about the cost of wars because the MIC make profits from those wars.

guest

He is a hasbara moron. Insults people to get attention.

HiaNd

Eat shit TURK !

HiaNd

i don’t care what you think of me and you calling me ‘bright’ is not a compliment but getting of the hook by switching subject because you have no right arguments.

“MIC make profits from those wars.” Do explain HOW they do that?!

That is total nonsense ! MIC is above all milking tax payers money 700+ billions is going for defense every year not to mention Pentagon “black funds”. Not to mention tens of billions of sold weapons systems to the “allays”

lvjcr08

I didn’t compliment you. I didn’t call you bright. I denied calling you “not bright”. Even you must realize that weapons manufacturers make profit from every weapon that is bought, every shell / bomb that is used?

If you don’t realize that by fighting constant wars the Pentagon keeps it budget up then there is nothing to discuss.

HiaNd

You were only changing the subject to get off the hook! So again I ask you the same: Why were you putting words in my mouth claiming that I have said “Kill them all”? Do you consider that a normal, honest conversation when you obviously twist my words? Why don’t you answer my simple question I have been asking you again and again?! Why are you putting your words in my mouth?

“Evan I must realize” now that is not very polite thing to say isn’t it? You are showing even your primitive side huh? Running out of tricks and showing your teeth instead? How civilized!

Despite my tolerance you have weak arguments and using dirty tricks as only methods left to you and starting even to be rude. That is my only conclusion about you.

These are your own words:

“The US does not care about the cost of wars because the MIC make profits from those wars.” Who the hell is “US”.? Government? How the hell can MIC make a”profit” for US government if the MIC is nothing but PARASITE that lives of the TAX PAYERS MONEY ?! MIC never makes ” profit ” for the US government but only for themselves! That should be clear even to those who understand nothing about MIC ! But somehow it is not clear to you?!

HiaNd

My comments are NOT erased ! You have posted at wrong place !!! I do not want to talk to you again ! For me this conversation is finished ! I am sick and tired talking to you.

HiaNd

Who ever said to “kill them all”?!? Where the hell did you read that?

HiaNd

Who ever said to “kill them all”?!? Where the hell did you read that?

nyomarek

When I hear USA idiots say to their soldiers very proudly: – Thank You for your service!

johnny rotten

The stupid Yankees have become totally morons, they want to make us believe that they are exceptional while they behave like a second-class mafia boss, to see their thieving businesses it is to be thought that their finances are in big trouble, obviously as well as morally bankrupt they are also becoming economically.

igybundy

DELTA CRESCENT ENERGY: A thief by any other name…

igybundy

US Treasury Legalized robber Barron!!!! Even the mongols would be proud and the Romans well they had no clue..

gryzor84

“We own the whole eastern part of Syria…That’s ours. We can’t give that up”

Spoken like a true pair of modern Sykes & Picot. Just put the ruler in the sand to decide what is yours on other people’s soil. That kind of crude neocolonialist punchlines is simply priceless to watch vomitted so overtly and pretentiously on a public tribune. After all what should we expect from a former Delta Force officer,tip of the spear in countless imperialist wars of invasions in longstanding American tradition.

rightiswrong rightiswrong

Obviously, the US has been led to believe that the Russians wouldn’t cross the Euphrates into Eastern Syria. Just shows how dumb they are. I can’t wait for the squealing to start, with Fatboy Mike running to the UNSC when his oil workers are beheaded on live TV.

LOL

Ray " Uncle Sam"

Let them pay the rebuild and than go in and crush them!

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