Suez Oil Processing Company (SOPC) Chairman Hesham Fathy reviewed the company’s targets and investments during the next fiscal year (FY) 2025/25 to enhance production performance.

Fathy highlighted that the highest safety indicators were achieved within the company as a result of the package of measures followed by the company to improve occupational health and safety performance and work to implement the process safety management system and asset integration, in addition to the important measures to rationalize and raise the efficiency of energy use in the company.

This came during the general assembly meeting chaired by Minister of Petroleum and Mineral Resources Karim Badawi to approve the company’s investment budget for FY 2025/26.

During the meeting, Badawi highlighted the need to study the best ways to exploit the unused production capacities in the Suez refineries, which would contribute to increasing the quantities of refined crude oil.