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DEA SUCO

DEA, SUCO hold symposium on women in Egypt’s Oil & Gas industry

Posted: March 30, 2019 at 10:20 am   /   Oil & Gas

The symposium discussed several ways to enhance women’s role in the petroleum industry and public sectors. General Manager Sameh Sabri: “DEA actively participates in the development of Egypt’s petroleum sector, providing more opportunities for women working in that sector. We are committed to work in Egypt as a long-term investor and pledge our continuous support […]

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DEA to invest $500 million in Egypt, boosting oil & gas production

Posted: February 12, 2018 at 9:42 pm   /   Oil & Gas

DEA Deutsche Erdoel AG announces a significant increase of production from its oil fields in the Gulf of Suez and from the Disouq gas fields in the Onshore Nile Delta. The next phase of the West Nile Delta (WND) development is intended to contribute to the company’s target. DEA plans to invest about 500 million […]

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Interview with Dr. Thomas Radwitz – General Manager, DEA Egypt

Posted: May 24, 2017 at 10:24 pm   /   Oil & Gas

Dr. Thomas Radwitz, GM of DEA Egypt, outlines the role of Egypt in DEA’s international portfolio and the company’s growth strategy.   Dr. Radwitz, having previously worked in Egypt for DEA, what were your first impressions of Egypt when you returned as GM for DEA Egypt in February 2016? As it was the third time […]

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$400m dues owed to RWE for its stake in Suez Oil Company fields

Posted: July 18, 2016 at 10:26 pm   /   Oil & Gas

RWE’s contract in Gulf of Suez concession ends in July 2017; with no request for renewal. The Ministry of Petroleum owes its German partner RWE $400m in dues in exchange for its stake in oil and gas from concession areas. A source in the petroleum sector revealed to Daily News Egypt the real reason behind […]

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