Suez Oil Company
Ministry of Petroleum Owes $400m to Germany’s RWE
Monday, 18th July 2016
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 stake in oil and gas from its concession areas in Egypt.
SUCO Drills Developmental Well in Eastern Desert
Tuesday, 8th May 2012
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 the 2011-2012 fiscal year.
PetroAmir and SUCO to join forces
Wednesday, 2nd March 2011
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 plan of the year 2010-2011.