Dragon Oil | Egypt Oil & Gas

UAE Dragon Oil to Invest $30mn in New Wells in Gulf of Suez

UAE Dragon Oil has signed a new agreement with the Egyptian General Petroleum Corporation (EGPC) to drill at least two new oil and gas wells within East El-Hamd area in the Gulf of Suez region with investments of ...

Dragon Oil Sign Key Strategic Agreements, MoUs at the End of GOTECH 2025  

Dragon Oil concluded its participation at GOTECH 2025 with signing key strategic agreements and memoranda of understanding (MoUs), reinforcing its global expansion and leadership in the energy sector.

Dragon Oil, EGPC Sign Unified Gulf of Suez MoU

Dragon Oil Egypt Holdings (DOHL) signed a Memorandum of Understanding (MoU) with the Egyptian General Petroleum Corporation (EGPC) to consolidate existing concession agreements in the Gulf of Suez under a unified ...

GUPCO Aims to Produce Up to 70,000 bbl/d in FY 2025/26

Abdul Wahab El-Maghawry, the Chairman and Managing Director of the Gulf of Suez Petroleum Company (GUPCO) announced that the company targets to increase the production rate up to 70,000 barrels per day (bbl/d) wit ...

Egypt’s GUPCO Confirms New Oil Discovery in Gulf of Suez

The drilling of the exploratory well East Crystal-1 in the Gulf of Suez, carried out by the Emirati company Dragon Oil, through the joint venture vompany, the Gulf of Suez Petroleum Company (GUPCO), has been succe ...

MoPMR, Dragon Oil Sign MoU for AI Application in Petroleum Reservoirs

The Egyptian Ministry of Petroleum and Mineral Resources (MoPMR) signed a memorandum of understanding (MoU) with Dragon Oil on using advanced artificial intelligence (AI) applications in the management of petroleu ...

EGPC Chairman, Dragon Oil CEO Hold Talks on Expanding Activities in Egypt

Egyptian General Petroleum Corporation's (EGPC) Chairman Salah Abdel Karim met with Dragon Oil's CEO Ali Rashid Al-Jarwan along with other executives with aim to expand the company activities in Egypt.

Dragon Oil Commits to Expanding Investment in Egypt’s Energy Sector

Minister of Petroleum and Mineral Resources, Karim Badawi, met with Ali Rashid Al Jarwan, President of the UAE Dragon Oil Company, in the presence of Fareed AlHashmi, Chief Operations Officer for Egypt and Iraq.

Dragon Oil to Use AI to Boost Egypt’s Oil Production

Fareed Alhashmi, the CEO of Dragon Oil in Egypt and Iraq, has announced that his company started to study developing Morgan and Badri fields by using artificial intelligence (AI) technology.

Dragon Oil to Boost Oil Production from Egypt by 27% in October

Dragon Oil company, wholly owned by the government of Dubai, intends to increase its oil production in Egypt by about 27% during next October to 70,000 barrels per day (b/d).

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