SUCO | Egypt Oil & Gas

El Molla Urges Production Increase During Sector Meeting at SUCO

Minister of Petroleum and Mineral Resources Tarek El Molla highlighted the importance of intensifying efforts to invest in the available opportunities to increase production and petroleum reserves.

El Molla Appoints New Chairmen for Sector Companies

Minister of Petroleum and Mineral Resources, Tarek El Molla, assigned new chairmen for a number of companies in the oil and gas sector.

SUCO Revenues Increase to EGP 2.4 Billion, Implementing 5 New Projects

The Suez Oil Company (SUCO) said its refinery of crude oil increased to 1.6 million tons in the fiscal year 2018/19, with a growth rate reaching 36% more than the previous year. This resulted in meeting the needs ...

DEA, SUCO Launch Women’s Day Symposium

DEA announced that the symposium tackled new methods that empower women's achievements and enhance their role in the society so that they are encouraged to take on more opportunities.

SUCO Produces 23,500 boe/d

Suez Oil Company (SUCO) is implementing an ambitious program to boost production of the four fields; Desouq, Ras Badran, El Zeit Guf, and Ras Fanar to reach around 38,000 boe/d.

El Molla Announces New Promotions and Transfers

The Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla, announced a slate of appointments and promotions.

Ministry of Petroleum Owes $400m to Germany’s RWE

Egypt’s Ministry of Petroleum owes $400m to its German counterpart, RWE, a leading company in manufacturing coal and nuclear-based electricity generators in Europe. The amount accounts for the Essen-based company’s s ...

SUCO Drills Developmental Well in Eastern Desert

Suez Oil Company (SUCO) has concluded drilling ZB-24 ST-1, a new developmental well in the company's Zeit Bay Development lease in the Eastern Desert. The operation comes in the context of SUCO's development plan for ...

SUCO develops the Ras Fanar field

Suez Oil Company (SUCO) drilled a new development well, RF-B13 in the Ras Fanar fields, offshore Gulf of Suez Basin.

PetroAmir and SUCO to join forces

PetroAmir is preparing to cooperate with Suez Oil Company (SUCO) to implement a new project to extent the natural gas pipeline produced during the coming period. The procedure is a part of the company's new fiscal pl ...

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