Dragon Oil
Public limited company | |
Traded as | ISEQ: DRS, LSE: DGO |
Industry | Oil |
Founded | 1971 |
Headquarters | Dubai |
Key people |
Mohammed Al Ghurair(Chairman) Abdul Jaleel Al Khalifa (CEO) |
Revenue | $ 1,155.1 million (2012)[1] |
$ 790.9 million (2012)[1] | |
$ 600.0 million (2012)[1] | |
Website | www.dragonoil.com |
Dragon Oil plc is an independent international oil and gas exploration, development and production business. It is based in Dubai and is listed on the Irish Stock Exchange.
History
The company was established Oliver Prospecting & Mining Co. Limited in Ireland by Dr. Oliver Conor Waldron in 1971.[2] It changed its name to Dragon Oil in 1993 and invested in the Cheleken oilfield.[2] ENOC bought a major stake in the company in 1998 and between 2002 and 2005 Dragon Oil raised capital for exploration.[2]
Operations
Its principal producing asset is at Cheleken, in the eastern section of the Caspian Sea, offshore from Turkmenistan.[3] It is also involved in exploration activities in Tunisia.[4]
References
- ↑ 1.0 1.1 1.2 Preliminary Results 2012
- ↑ 2.0 2.1 2.2 Dragon Oil: History
- ↑ Dragon Oil of Dubai is breathing fire The National, 24 January 2012
- ↑ Dubai-linked Dragon Oil to drill in Tunisia The National, 12 October 2011