100 million barrels: UAE's Dragon makes huge oil discovery in Gulf of Suez

The company announced the new discovery on Tuesday, terming it as one of the largest discoveries in the region in past two decades

First oil discovery: Dragon Oil chief executive Ali Rashid Al Jarwan — First oil discovery: Dragon Oil chief executive Ali Rashid Al JarwanPhoto: ALBAYAN.AE

Nishant Ugal

New Delhi

United Arab Emirates ENOC Caspian Sea Tarek El Molla South Gharib

Published 16 February 2022, 04:04Updated 16 February 2022, 07:44