Dragon Oil to finalise acquisition in Egypt in next 3 to 4 months
In an exclusive interview with Oil & Gas Middle East, Dragon Oil CEO Ali Al Jarwan revealed the company’s progress on its $13bn expansion plans. Dragon Oil, the exploration and production arm of Emirates National Oil Company (ENOC), will finalise an acquisition in Egypt in the next three to four months, CEO Ali Al Jarwan […]
Egypt part of Dragon Oil’s $500 million regional investment budget?
Egypt in line for a chunk of Dragon Oil’s USD 500 million regional investment budget? Emirates National Oil Company (ENOC) subsidiary Dragon Oil is planning to invest about USD 500 million next year in oil and gas assets as part of an international expansion strategy to boost its production to 300k bbl/d of oil by […]
Dubai-based Enoc eyeing new investment opportunities in Egypt
The company operates a concession in the North African country through its unit Dragon Oil. Dubai-based Emirates National Oil Company (Enoc) is looking at investments in Egypt through its wholly-owned subsidiary Dragon Oil as it seeks to expand its regional footprint. Dragon Oil, which fully owns the East Zeit Bay offshore concession south of the […]
