{"id":1748,"date":"2025-02-03T07:45:12","date_gmt":"2025-02-03T07:45:12","guid":{"rendered":"https:\/\/activ-io.com\/dragonoil_new\/?page_id=1748"},"modified":"2025-08-14T13:14:39","modified_gmt":"2025-08-14T13:14:39","slug":"operations","status":"publish","type":"page","link":"https:\/\/www.dragonoil.com\/operations\/","title":{"rendered":"Operations"},"content":{"rendered":"
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full_width=”stretch_row_content” min_height=”1400″ css=”.vc_custom_1755177259835{padding-top: 0px !important;background-image: url(https:\/\/activ-io.com\/dragonoil_new\/wp-content\/uploads\/2024\/12\/operations_bg-1.jpg?id=1306) !important;}” el_class=”bg_image-op pl-50 pr-50 operations__sec”][vc_row anchor=”Turkmenistan”][vc_column width=”1\/2″ el_id=”Turkmenistan”][vc_column_text css=”.vc_custom_1754293102332{margin-bottom: 0px !important;padding-top: 25px !important;padding-bottom: 25px !important;}” el_class=”main_title min-450-h pr-80″]\n

Turkmenistan<\/h2>\n

Dragon Oil has a strong position in the Caspian Sea as the sole operator of the Cheleken concession offshore Turkmenistan since May 1st<\/sup>, 2000. Over the past two decades of its journey in Turkmenistan, Dragon Oil has been the spearhead of oil and gas production in the country with the efficient utilization of hydrocarbon resources via safe, reliable and economic operations as per the industry\u2019s best practices and standards.<\/p>\n

The concession\u2019s contract area covers 950 km\u00b2 and comprises of two offshore fields, Dzheitune (Lam) and Dzhygalybeg (Zhdanov), located about 45 km from shore with magnificent facilities for processing, storage and export of crude in onshore area. Additionally, we are pursuing short cycle, infrastructure-led exploration activities near existing facilities in oil prone areas.[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”1718″ img_size=”large” css=”” el_class=”d-none b-r-10 mb-30″][\/vc_column][\/vc_row][vc_row anchor=”Egypt”][vc_column width=”1\/2″ el_class=”first_sec”][vc_single_image image=”1720″ img_size=”large” css=”” el_class=”b-r-10 d-none”][\/vc_column][vc_column width=”1\/2″ el_id=”Egypt” el_class=”second_sec”][vc_column_text css=”.vc_custom_1753851963861{margin-bottom: 0px !important;padding-top: 5px !important;}” el_class=”main_title pl-50 egypt-pb-70″]\n

Egypt<\/h2>\n

The Gulf of Suez Contract Area covers approximately 1,288 km\u00b2 and comprises four major offshore oil and gas fields, in addition to 41 Satellite smaller fields in water depths of between 20 and 80 metres.<\/p>\n

DO first entered the Egyptian market in 2014 after the signature of its first 100% operatorship exploration agreement with the Ministry of Petroleum, represented by Ganoub El Wadi Petroleum Holding Company (GANOPE). Since then, Dragon Oil considered expanded its activities in the Egyptian energy market. In October 2019, Dragon Oil acquired Gulf of Suez assets with 100% working interest, previously held by BP and operated by the Gulf of Suez Petroleum Company (GUPCO), which is currently a 50:50 joint venture between Dragon Oil and Egyptian General Petroleum Corporation (EGPC).<\/p>\n

Read More<\/a>[\/vc_column_text][\/vc_column][\/vc_row][vc_row anchor=”Iraq”][vc_column width=”1\/2″ el_id=”Iraq”][vc_column_text css=”.vc_custom_1753852161433{padding-top: 30px !important;padding-bottom: 30px !important;}” el_class=”main_title pr-170″]\n

Iraq<\/h2>\n

The Block-9 Contract Area is located south east of Iraq, 50 km north of Basra City, the contract area covers approximately 865 km\u00b2 and comprises major onshore oil field, where Dragon Oil holds 30% working interest in Block-9 venture.<\/p>\n

Dragon Oil made its initial entry into the Iraqi energy sector in 2013 after signature of Exploration, Development & Production Sharing Contract (EDPSC) for Block-9 in partnership with Egyptian General Petroleum Corporation (EGPC) & Kuwait Energy Basra Limited (KEBL).<\/p>\n

Read More<\/a>[\/vc_column_text][\/vc_column][vc_column width=”1\/2″][vc_single_image image=”1719″ img_size=”large” css=”” el_class=”d-none b-r-10 mb-30″][\/vc_column][\/vc_row][\/vc_section][vc_section full_width=”stretch_row” css=”.vc_custom_1739275809231{margin-top: 0px !important;margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;background-color: #073674 !important;}” el_id=”nve” el_class=”pl-50 pr-50″][vc_row][vc_column width=”1\/2″][vc_column_text css=”.vc_custom_1747295708246{margin-bottom: 10px !important;padding-top: 20px !important;}” el_class=”main_title dark”]\n

New Ventures & Exploration<\/h2>\n[\/vc_column_text][vc_single_image image=”903″ img_size=”large” css=”.vc_custom_1733901288276{margin-top: 10px !important;margin-bottom: 0px !important;padding-bottom: 30px !important;}”][\/vc_column][vc_column width=”1\/2″ css=”.vc_custom_1732013356873{padding-right: 0px !important;padding-left: 0px !important;}”][vc_column_text css=”” el_class=”main_title dark pl-50 Venture_text”]The New Ventures and Exploration Department at DO is dedicated to non-organic growth through acquisition of new assets\/companies and through bid rounds and farm-ins for exploration and development blocks. The New Ventures and Exploration Department is also responsible for any divestment or farm-out of DO assets.<\/p>\n

Our team of seasoned geologists, geophysicists, and engineers leverages cutting-edge technology and innovative methodologies to explore untapped resources & unlocking additional reserves through identifying high-potential exploration opportunities and producing assets with high upsides to cater for DO’s non-organic growth and energy security.<\/p>\n

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