The ministry said the field could contain reserves of around 100 million barrels.
The announcement was made during a meeting on the sidelines of the Egypt 2022 conference in Cairo on Tuesday between the CEO of Dragon Oil, Ali al-Jarwan, and the Egyptian Minister of Petroleum and Mineral Resources, Tarek El Molla.
Dragon Oil is a subsidiary of the UAE-headquartered Emirates National Oil Company Group (ENOC). In 2019, it purchased BP's Egyptian assets.
(Anadolu Agency, February 16, 2022)