BUILDING OPERATIONAL SUCCESS ON LOCAL CONTENT 17TH TURKMENISTAN OIL & GAS CONFERENCE Dr Abdul Jaleel Al Khalifa CEO, Dragon Oil 14-16 November 2012
Dragon Oil Today An independent international oil and gas exploration, development and production company IRAQ Listed in the UK and Ireland and headquartered in Dubai, 1 UAE Majority-owned by the Dubai government through…
Spirit of Partnership Dragon Oil has enjoyed a successful partnership with Turkmenistan in developing Cheleken Contract Area. This partnership brings benefits to everyone Our employees Our suppliers Local community 2 Our host…
Driving Force People 3 Dragon Oil Oil and Gas Asset Investment Building Operational Success on Local Content
People First Strategy Develop and empower our national human capital in Turkmenistan to create an independent skilled workforce Promote and support employees through education to enhance talents Focus our efforts to hire and retain…
People First (cont.) Future Talent Training and Development 91% of our local manpower Excellent training and come from Turkmenistan challenging opportunities to Dragon Oil offers high-quality support national employees careers and…
Oil and Gas Asset 6 Building Operational Success on Local Content
Lam West increase reserves Extended reserves Top CH2 Structure boundary L/ D Map Old reserves 12 wells boundary L/ B 8 7 wells L/28 18 wells 50 % increase in Lam West reserves after L/ C 8 the recent wells drilling…
Investment in the Cheleken Contract Area US million US billion 1.00 2.67bn 3.00 0.90 Cumulative capital 2.50 0.80 investment 0.70 2.00 0.60 8 0.50 1.50 0.40 1.00 0.30 0.20 0.50 0.10 Annual capital expenditures 0.00…
Over a Decade of Strong Production Growth Gross Average Oil Production (bopd) 80,000 Ten-fold increase in gross production 70,000 60,000 50,000 9 40,000 30,000 20,000 10,000 - 2000 2001 2002 2003 2004 2005 2006 2007…
Local Content In 2010, we allocated land in the harbour area to contractors to allow them to assemble platforms and gathering blocks near Dragon Oils operations This called for more local content to be employed In the future, we…
Local Content (cont.) The Dzheitune (Lam) C platform and the Dzhygalybeg (Zhdanov), Block 1, Block 4 and Lam A extension were built in Hazar The Dzhygalybeg (Zhdanov) B platform is currently being fabricated in Hazar 11…
Local Content (cont.) We manage our own rig (Rig 40) in the Cheleken Contract Area That involved hiring locally a crew to operate the rig 12 Rig 40 drilled 15 wells sidetracked 2 wells Building Operational Success on…
Local Content (cont.) In 2011, we encouraged our larger contractors to include a significant proportion of materials, services and labour to be sourced locally In 2012, we are going one step further: we have added 13 this…
Investment in Communities Desalination Plant Community Support Refurbishment projects at Dragon Oil desalination plant a local school and nursery with a capacity of supplying 1,500 m3 of drinking water per Sponsorship of social…
Investment in Communities (cont.) Polyclinic Dragon Oil has invested US5mn in a state-of-the-art polyclinic in Hazar to serve the local community 15 Above: Future healthcare facilities, Hazar, Turkmenistan, an artists impression…
A Responsible Operator The Group has recently achieved ISO 9001, 14001 & OHSAS 18001 certification: Quality Management System complying with ISO9001:2008 implemented 16 A framework for conducting business in an environmentally…
Continuing to Meet Our Targets 12 years of growth, Continued Strong focus on development investment in our local content and and investment people talent 17 Production Growth People The Dzheitune (Lam) C platform Building…
Spirit of Partnership We will continue to encourage increased local content in everything we do in Turkmenistan to the mutual benefit of our esteemed host country, and Dragon Oil 18 Thank you Building Operational Success…