TURKMENISTAN INVEST 2012 Hussain Al Ansari COO, Dragon Oil 17-19 October 2012 Delivering Production Growth
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…
Our Mission and Vision Mission To safely explore and develop oil and gas resources by leveraging technology and a talented workforce as a dependable, ethical and environmentally conscientious partner 2 Vision To continue the…
Cheleken Contract Area 12 years of growth, Excellent reserves Continued development management investment in our and investment people 3 Above: Crude oil storage tanks. Above: Dzheitune (Lam) C platform. Above: Dragon Oil…
Investment in the Cheleken Contract Area US million US billion 1.00 2.4bn 2.50 0.90 Cumulative capital 0.80 investment 2.00 0.70 0.60 1.50 4 0.50 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) Ten-fold increase 80,000 in gross production 70,000 2011 Exit Rate at 60,000 71,751 bopd 50,000 5 40,000 30,000 20,000 10,000 - 2000 2001…
Excellent Reserves Replacement 2P Oil and Condensate Reserves, million barrels 700 600 222 500 115 400 6 300 658 551 200 100 - 2000 Original Cumulative Reserves Additions 2011 Year End Reserves Production Reserves…
Onshore Infrastructure Development Central Processing Oil Storage Export Capacity Facility Todays handling Total oil storage Simultaneous loading capacity of 100,000 capacity of 300,000 of two tankers barrels of fluids and barrels…
Offshore Infrastructure Development Seven platforms refurbished and/or extended in the Dzheitune (Lam) field, including structural upgrades and additional slots: 21, 10, 22, 13, 28, 63 and A 7 The Dzeitune (Lam) 22 platform:…
Offshore Infrastructure Development Six new platforms constructed in the Dzheitune (Lam) field Production platforms A, B and C with eight slots each Gathering stations Block 1 and 2 Accommodation platform 22 80 km of in-field…
100,000 bopd Target Construction of platforms, deployment of jack-up and land rigs Focus on delivery and growth of 10-15% pa on average in 2012-15 10 2000 2011 2015 2016-20 Gross production Gross production Reach production…
Future Infrastructure Development 2013 2013 2014 2015-16 Zhdanov A Zhdanov B Lam D and E Lam F, G, H 11 Platforms for jack-up and / or land rigs Support infrastructure: storage capacity, pipelines and processing…
A Responsible Operator LTIF Safety and Environment Heath, million hours 3.00 7.0 Safety first in all our operations: regular Totalsafety training number and checks of hours In 2012, worked 2.5Dragon Oil achieved ISO 9001,14001 &…
A Responsible Operator The Group has recently achieved ISO 9001, 14001 & OHSAS 18001 certification: Quality Management System complying with ISO9001:2008 implemented 13 A framework for conducting business in an environmentally…
Investment in People Future Talent Training and Development 91% of our local manpower Advanced in-house training come from Turkmenistan programmes developed to Dragon Oil created a roadmap support national employees for talented high…
Investment in Communities Polyclinic Dragon Oil is investing 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 of a new…
Conclusion Growth of Dragon Oil and our excellent performance made possible thanks to our truly successful partnership with the Government of Turkmenistan 16 Thank you Delivering Production Growth