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UAE: Dragon Oil signs MoU with Turkmenistan Oil to expand investments

UAE: Dragon Oil signs MoU with Turkmenistan Oil to expand investments
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Dubai s Dragon Oil expands Turkmenistan investment with development of three more fields

Dubai's Dragon Oil, a subsidiary of Emirates National Oil Company, has expanded its investment in Turkmenistan's oil and gas industry. The preliminary agreement signed between Dragon Oil and state-owned Turkmenistan Oil includes increasing production with three new fields within Turkmenistan's Block 19 offshore area, Dragon Oil said on Saturday. Dragon Oil did not disclose the value of the investment. The company, however, said it had conducted a seismic survey in the three fields at a cost of

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Permian M&A Action Continues | OilPrice com

APA Corp. the parent company of Apache Corporation–will buy Callon Petroleum in a deal worth $4.5B in an all stock deal.

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Dubai s Dragon Oil starts crude production in Egypt, to drill 7 new wells by 2026

Dubai s Dragon Oil starts crude production in Egypt, to drill 7 new wells by 2026
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Dubai s Dragon Oil starts crude production at Egypt s Al Wasl field

Dragon Oil, wholly owned by the Dubai Government, has begun production of crude oil from the Al Wasl field (North Safa), where the company will drill seven new wells during the next two years, aiming to reach 15,000 barrels per day of oil production.

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