This is the first time the two sides are in the global market together
Dragon Oil
Latest in Dragon Oil
Dragon Oil
Dubai’s Dragon Oil renews contract in Turkmenistan in $1 billion deal
Under the deal, $500 million will be paid in cash, and the rest will be paid over the next 13 years
Ali Rashid Al Jarwan
Dubai’s Dragon Oil announces first discovery in Egypt’s Gulf of Suez
Dubai Gov’t-owned upstream exploration and production platform says field could contain around 100 million barrels in reserves
Dragon Oil
Dubai’s Dragon Oil plans production surge to 300,000 bpd by 2026
CEO Ali Rashid Al Jarwan said he expects a boost in revenues, driven by the global crude oil prices rise to $75 per barrel recently
Bob Dudley BP
BP agrees to sell Gulf of Suez oil concession stakes to Dubai’s Dragon Oil
Subsidiary of the Emirates National Oil Company will purchase producing and exploration concessions, including BP’s interest in the Gulf of Suez Petroleum Company