A Dragon Oil offshore oil platform in the Caspian Sea, near Turkmenistan. The Dubai firm is targeting 93,000 barrels per day of production this year. Source: Dragon Oil
A Dragon Oil offshore oil platform in the Caspian Sea, near Turkmenistan. The Dubai firm is targeting 93,000 barrels per day of production this year. Source: Dragon Oil

Energy

Dubai's Dragon Oil to invest $1bn in Egypt as it takes over BP's Gulf of Suez assets

The hydrocarbons explorer plans to triple production to 300,000 bpd by 2025

Jennifer Gnana
Jennifer Gnana

October 22, 2019