Dragon Oil, wholly owned by Emirates National Oil Company (ENOC), announced a new oil discovery after drilling the South El Wasl B.B2 well in the Gulf of Suez, boosting exploration efforts and supporting increased production.
Egypt’s Ministry of Petroleum announced the start of crude production from the Belayim Marine 133 well in the Gulf of Suez, initially producing about 1,500 barrels per day, marking the first result of Eni’s new investment programme.
