The Gulf of Suez Petroleum Company (GUPCO) and Dragon Oil organized a specialized workshop on the optimal use of AI tools in oil and gas development and production activities from brownfields.

The UAE-based Dragon Oil Company has successfully concluded the drilling works of the East Crystal-1 exploratory well in the Gulf of Suez.

Egypt’s Ministry of Petroleum has inked a memorandum of understanding (MoU) with UAE-based Dragon Oil to integrate advanced artificial intelligence (AI) in the management of oil reservoirs at the company’s concessions in the Gulf of Suez.

The Emirati energy company Dragon Oil is planning to reach an agreement with the Egyptian government to increase production from Al Wasl field.

Minister of Petroleum and Mineral Resources Karim Badawi held multiple meetings with leaders of several companies operating in Egypt, including Dragon Oil, Dana Gas, Mediterra, and Naftogaz, to explore ways of enhancing oil and gas production.

Minister of Petroleum and Mineral Resources Tarek El-Molla met with the President of UAE's Dragon Oil Company Saeed Mohammed Al Tayer on the sidelines of the Egypt Energy Show (EGYPS 2024) to discuss the company’s plans in Egypt to boost oil production rates.

UAE’s oil and gas firm Dragon Oil is planning to purchase a 20% stake in Egypt's Nargis Offshore Area concession in the Mediterranean from Chevron, which holds 45% of it.

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.