Turkmenistan, Dragon Oil Discuss Current State And Prospects For Cooperation
Date
7/24/2024 7:20:24 AM
(MENAFN- Trend News Agency)
ASHGABAT, Turkmenistan, July 24. Turkmenistan
and Dragon Oil, owned by the Emirates National Oil Company (ENOC),
discussed the current state and prospects for further cooperation,
Trend reports.
According to the Embassy of Turkmenistan in Dubai, these issues
were discussed at Dubai International Airport during a meeting
between Turkmen Foreign Minister Rashid Meredov and Executive
Director of Exploration and New Ventures of Dragon Oil Abdulkarim
Ahmed AlMaazmi.
During the meeting, the parties stressed the intensive
cooperation that is the result of the joint efforts of the
leadership of the two countries and confirmed their readiness to
further develop an effective partnership between Turkmenistan and
Dragon Oil.
The participants in the talks expressed confidence that the
common interest will become the basis for continuing successful
cooperation in the oil and gas industry.
Meanwhile, in January of this year, the Turkmenistan State
Concern and Dragon Oil signed a Memorandum of Understanding under
which the Dubai oil business will begin developing three
prospective fields near Turkmenistan.
Dragon Oil has been carrying out oil and gas cooperation with
Turkmenistan on the basis of a Production Sharing Agreement since
2000, and its main activity is the extraction of hydrocarbon
resources in the Caspian Sea, in particular in the Cheleken
contract zone.
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