VOL. XXXIII

NO. 28

16-APRIL-1990

Egypt

Suco to Raise Production to 145,000 B/D

Reports from Cairo indicate that Suco (owned 50% by the EGPC and 50% byDeminex/BP/Shell) is planning to carry out an expansion program to raise thegroup's output from the Ras Budran, Ras Fanar and Zeit Bay fields to 145,000 b/dfrom about 110,000 b/d at present. The expansion program includes the drillingof six wells at a cost of $30mn to gradually raise the output of Ras Budran from52,000 b/d to 75,000 b/d, the drilling...