Dragon Oil company opened a new office in Ashgabat
11:35 27.12.2023 9439
(Photo: UAE Embassy in Turkmenistan)
The oil company Dragon Oil opened its new office in Ashgabat. This was reported by the Embassy of the United Arab Emirates in Turkmenistan.
Chairman of the Türkmennnebit Group of Companies Guvanch Aghajanov and Executive Director of Dragon Oil Ali Rashid Al-Jarwan greeted those present and held the opening ceremony of the new office, cutting the ribbon.
Dragon Oil has been operating in Turkmenistan since 2000 on the basis of a Production Sharing Agreement. The main area of its activity is the production of hydrocarbons in the Cheleken contract territory in the Caspian Sea, carried out through the development of the Jeitun and Dzhigalybeg oil fields. Dragon Oil's total investment in this project exceeded US$8 billion.
State Concern «Turkmennebit» and Dragon Oil (Turkmenistan) Ltd. Signed a contract to extend the Production Sharing Agreement until May 1, 2035.
During its work in Turkmenistan, Dragon Oil carried out the construction of production and hub offshore stationary platforms, carried out major repairs of existing wells, as well as reconstruction and modernization of all components of the oil field development system.
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The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Products of oil refineries were sold at the auction
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