Dragon Oil | Egypt Oil & Gas

Dragon Oil Appoints Badria Khalfan As Country Manager In Egypt

Dragon Oil has appointed Badria Khalfan to become the company's new Country Manager in Egypt.

Dragon Oil Makes First Oil Discovery in Gulf of Suez

Dragon Oil Company has made its new oil field discovery, which is the first discovery by Dragon Oil since it became an active player in the Egyptian oil and gas sector, after it acquired 100% of the British BP's a ...

Dragon Oil Eyes New Opportunities in Egypt, Iraq, Turkmenistan

The board has put a strategy for Dragon Oil to increase production from 160,000 barrels per day currently to 300,000 b/d by 2026.

EOG Hosts First Female Empowerment Webinar

In celebration of Women’s History Month and to recognize the remarkable milestones women had reached in the oil and gas industry, Egypt Oil & Gas (EOG) Committee hosted the first female empowerment webinar ‘She is ...

EOG Roundtable Highlights Brownfields Development Strategies 

H.E. Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources, asserted the importance of developing brownfields, referring to several revival strategies that were used in Egypt. The minister remarks came ...

Dragon Oil to Boost Investments in Egypt by $650 MM

Dragon Oil is planning to increase its investments in Egypt through acquiring some operating assets in the Western Desert in the next five years.

Dragon Oil Celebrates Acquisition Amid Egypt’s Investment Climate

The Minister of the Petroleum and Mineral Resources, Tarek El Molla has witnessed the acquisition agreement ceremony of Dragon Company to the share of BP Company in a GUPCO concession costing $ 500 billion.

Dragon Oil Acquires BP’s Stake in GUPCO

Dragon Oil, the fully owned exploration and production (E&P) platform of Emirates National Oil Company (ENOC), announced that it has acquired the stake of BP at the Gulf of Suez Oil Company (GUPCO) after obtaining ...

Dragon Oil Acquires BP’s Stake in GUPCO

Dragon Oil has reached a full agreement with BP for the acquisition and the deal is expected to be completed after obtaining the Egyptian Ministry of Petroleum’s approval in H2 2019 following the necessary procedu ...

GUPCO Deal to Add 70,000 b/d to Dragon Oil Portfolio: CEO

The $600 million transaction is a part of Dragon Oil's $13 billion expansion plans, of which $500 million are allocated for acquisition transactions in 2019.

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