Dragon Oil is an upstream oil and gas exploration, development and production company.
The Group’s headquarters are in Dubai, United Arab Emirates. Dragon Oil is a privately held and wholly owned subsidiary of Emirates National Oil Company (ENOC) L.L.C.
Their principal producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan.
They have exploration blocks in partnership with other companies:
onshore in Iraq (Block 9),
onshore Algeria (Tinrhert Nord Perimeter and Msari Akabli Perimeter);
East Zeit Bay, offshore the Gulf of Suez, in Egypt (100% interest);
onshore in Afghanistan (Sanduqli and Mazar-i-Sharif blocks);
offshore Tunisia (the Bargou Exploration Permit)
Dragon Oil has almost 1,900 employees of whom 1,700 are working in Turkmenistan and majority of whom (93%) are Turkmen nationals while approximately 200 employees are based in Dubai, the company´s head office.