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

• Monday, 18th July 2016
• by Egypt Oil & Gas

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 st...

SUCO Drills Developmental Well in Eastern Desert

• Tuesday, 8th May 2012
• by Egypt Oil & Gas

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

• Thursday, 29th September 2011
• by Egypt Oil & Gas

Suez Oil Company (SUCO) drilled a new development well, RF-B13 in the Ras Fanar fields, offshore Gulf of Suez Basin. The well was drilled to a total depth of 5110 feet. The investments of this drilling operation count...

PetroAmir and SUCO to join forces

• Wednesday, 2nd March 2011
• by Egypt Oil & Gas

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 pla...

SUCO experimenting with a new technical study

• Wednesday, 3rd November 2010
• by Egypt Oil & Gas

Suez Oil Company (SUCO) is planning to start a contemporary technical study, aiming to explore more layers in its producing wells during the current fiscal year of 2010-2011 in its fields in Gulf of Suez. The main tar...