The President of Turkmenistan Discussed Cooperation in the Fuel and Energy Sector with the Head of Dragon Oil
Turkmen President Serdar Berdimuhamedov received Chairman of the Board of Directors of Dragon Oil (UAE) Saeed Al Thayer. This was reported by the official newspaper Neutral Turkmenistan. According to the newspaper, during the meeting, the parties discussed the possibilities of building up a long-term successful partnership, taking into account the …
Turkmenistan Wants To Attract Foreign Investors To The Exploration And Development Of The Caspian Shelf
Turkmenistan plans to attract foreign companies to the exploration and development of fields on the Caspian Sea shelf, said the country’s ambassador to Russia Esen Aydogdiev. “President Serdar Berdimuhamedov instructed to continue to ensure a reliable supply of natural gas to domestic and foreign consumers. At the same time, emphasis …
Turkmengaz and The Emirates ADNOC Intend to Work on The Development of The Galkynysh Gas Field
The parties signed a memorandum of understanding on cooperation in the development of this field. Turkmengaz and the Abu Dhabi National Oil Company (ADNOC) signed a memorandum of understanding on cooperation in the development of the largest gas field in Turkmenistan – Galkynysh. The document was signed following the visit …
Recommended Cash Offer by Emirates National Oil Company Ltd. For the Shares in Dragon Oil plc Not Already Owned by ENOC
Delisting On 2 August 2015, ENOC announced a revision to the original Offer price to 800 pence in cash for each Dragon Oil Share, declared the Offer unconditional in all respects and stated that it intended to procure the delisting of Dragon Oil shortly. The document containing the full terms …
ENOC: Up Dragon Oil Offer to 800 pence
Commenting on the revision to the Original Offer on behalf of ENOC, Saif Al Falasi, Group Chief Executive said: “We are pleased to have the support of the required majority of Dragon Oil Shareholders for our revised offer of 800 pence; including the two largest minority shareholders – Baillie Gifford …
ENOC: Dragon Oil Should Aim for 90,000 bopd Not 100,000 bopd
Emirates National Oil Company Ltd (ENOC) L.L.C., as majority shareholder in Dragon Oil Plc provides further detail on its future strategy for Dragon Oil and further clarity on operational aspects of the business. Key points · Whether or not Dragon Oil is delisted, ENOC no longer sees the need to …
Dragon Oil: Aiming for 100,000 bopd Average Daily Production in 2015
Dragon Oil plc, an international oil and gas exploration, production and development company, today issues the following trading statement, which includes an operational update and financial highlights for the six months’ period ended 30 June 2015. All information referred to in this update is unaudited and subject to further review. …
Dragon Oil: Producing 92,000 bopd in 1H
Dragon Oil plc, an international oil and gas exploration, development and production company, today publishes an update on the drilling activity and production numbers for 1H and June 2015 in the Cheleken Contract Area, Turkmenistan, and exploration activity in Block 9 in Iraq. · Average gross production of approximately 92,060 …
ENOC: Offers 750 Pence Per Share for Dragon Oil
Summary · The board of ENOC and the independent committee of the board of Dragon Oil (the “Independent Committee”) are pleased to announce that they have reached agreement on the terms of a recommended cash offer for the entire issued and to be issued share capital of Dragon Oil not …
Emirates National Oil Company: Swoops for Dragon Oil at 735p Per Share
Following the announcement by Emirates National Oil Company, ENOC on 17 March 2015 confirming that it had made an approach regarding a possible offer for Dragon Oil, ENOC confirms that it has been in discussions with the independent committee of the board of Dragon Oil (the “Independent Committee”) regarding the terms …