Emirati Dragon Oil to boost oil production in Egypt by 27% within two months

Updated 8/1/2023 12:35:00 PM
Emirati Dragon Oil to boost oil production in Egypt by 27% within two months

Arab Finance: Dubai-based Dragon Oil is planning to increase its oil production in Egypt by about 27% to reach 70,000 barrels per day in October, a government official told Asharq Business. 

Dragon Oil will start production within two months from the North Safa field in the Gulf of Suez, with a capacity of 15,000 barrels of oil per day.

Dragon Oil is owned by Emirates National Oil Company Group (ENOC).

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