Egyptian Minister of Petroleum and Mineral Resources Karim Badawi stressed his country’s commitment to strengthening cooperation with Emirati companies in the energy sector, praising Dragon Oil’s investments and its role in supporting oil and gas production.

Emirati oil company Dragon Oil has announced that it has achieved a significant achievement in its exploration drilling operations and has successfully completed the initial drilling of the "East Crystal" well in the Gulf of Suez, in collaboration with GUPCO.