‘Dragon Oil’ celebrated its 25th anniversary of partnership with Turkmenistan, which coincided with the 30th anniversary of diplomatic relations between Turkmenistan and the UAE, according to the news website Asmannews.
The company adheres to high environmental standards, ensuring safe hydrocarbon production and protection of the Caspian Sea.
To increase efficiency, artificial intelligence technologies are used in reservoir modelling, equipment diagnostics and monitoring with drones. This allows for optimisation of production and increased safety.
Since the start of operations in Turkmenistan, investments have grown from $200 million in 2000 to $15.2 billion by 2025. Total production amounted to 726 million barrels of oil, and since the signing of the agreement on the ‘Cheleken’ block in 1999, 468 million barrels.
The company employs 4,760 people, including 2,200 in Turkmenistan, where 93% of the workforce are local specialists.
In addition to the oil sector, ‘Dragon Oil’ is involved in environmentally friendly power generation projects, as well as developing solar and wind energy and promoting greening of the environment.