UAE – Mubasher: Dragon Oil Company has inaugurated the AI Retreat to study the development of the Morgan and Badri fields using AI technology in Egypt, according to Emirates News Agency (WAM).

The project aims to boost productivity and extend the lifespan of the Morgan and Badri fields, while also enhancing operational efficiency and environmental sustainability.

This initiative aligns with Dragon Oil's commitment to drive digital transformation and innovation in the Egyptian oil and gas industry.

Meanwhile, the project's launch agenda included four days of training sessions for more than 50 engineers and geoscientists from various institutions and oil companies.  

The joint project marks a significant strategic step towards achieving sustainability, enhancing technological capabilities, and providing an optimal working environment for AI companies in the oil and gas industry.

Last February, the Dubai-based oil company unveiled plans to invest $500 million in Egypt during 2024.