FeaturedOil & GasDragon Oil announces plans to drill seven more wells in EgyptIFM CorrespondentJanuary 9, 2024January 12, 2024 by IFM CorrespondentJanuary 9, 2024January 12, 2024 Dragon Oil said it will spend USD 200 million to develop the Al Wasl oil field. By 2026, the company hopes to have drilled more wells and more than doubled the daily production... Read more
Oil & GasDragon Oil buys BP’s Egyptian concessions, to invest $1 bnPritam BordoloiOctober 22, 2019 by Pritam BordoloiOctober 22, 2019 Dragon Oil to increase production to above 75,000 bpd for the next 10 years... Read more
Oil & GasBP’s sale of GUPCO stake marks the end of a 50-year partnershipInternational Finance DeskMay 24, 2019November 14, 2019 by International Finance DeskMay 24, 2019November 14, 2019 The company will sell its stakes to Dragon Oil for more than $600 million, according to industry sources... Read more