BNET Industries
Last Fiscal Year Sales:$82.0M
- Public
- AE
Dow Jones Description
Oil & Gas Production & Exploration
Chairman & CEO
Hussain M SultanNumber of Employees 913
Contact Information
ENOC House II, 3rd Floor Right Wing, Sheikh Rashid Road
PO Box 34666
Dubai
(971) 43348999
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
-
UK PPI Rises; Dragon Oil REjects ENOC Bid
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UPDATE: Dragon Oil Rebuffs Media Reports On ENOC's Commitment
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Enoc Maintains Dragon Bid
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Corporate Watch
News & Analysis
Filter by
dragon oil plc. - All News and Analysis
ENOC tries to calm Dragon Oil offer fears
BNET
- 2009-12-02
Dubai's national oil company has moved to assuage investor concerns that the emirate's current debt problems could derail its £1.14bn offer for Dragon Oil. Ahead of a critical shareholder vote on the takeover next week, Emirates National Oil Company ENOC said it would hold on to its majority stake in...
Dragon Oil shares feel investigation heat.
- 2009-02-26
Byline: Daniel O'Sullivan Turkmen oil producer burnt by apparent scandal, but no reason to change buy advice Shares in Turkmenistan-based oil producer Dragon Oil have dropped some 15 per cent today as it says it is investigating 'possible...
Turkmenistan - The Oil Producers
- 2008-09-22
The state-owned Turkmen oil producing companies grouped under TurkmenNeft will continue to account for most of the country's oil and condensate output through this decade. They have the best oilfields and will involve foreign companies in complex structures needing big investment and advanced technology. TurkmenNeft and affiliated Turkmen firms...
UAE - Carbon Capture.
- 2008-05-26
The state-owned oil producer Dubai Petroleum Establishment DPE has launched a study into carbon dioxide (CO2) capture with an international oil company IOC. DPE, which produces less than 100,000 b/d of crude oil, has hired an IOC to study the feasibility of capturing CO2 from existing...
ENOC Invests Overseas.
- 2008-05-19
ENOC in 1998 bought a stake in Dragon Oil of Ireland and later raised this to 69.4%. Dragon has moved its base from Dublin to Dubai and has closed two offices in the UK. In Turkmenistan Dragon operates the offshore Cheleken II block. This...
Dragon Oil in Cheleken gas talks.
- 2007-09-18
But rig availability issues constrain output growth in the first half Shunil Roy-Chaudhuri The interesting news in these results is that Dragon has opened talks with the Turkmen government about commercialising the significant gas reserves associated with its Cheleken field. This follows the ...
DRAGON OIL (DGO).
- 2007-06-01
A deal to build a new gas pipeline between Russia and Turkmenistan could bring big benefits to oil producer Dragon Daniel O'Sullivan Russia and Turkmenistan have just agreed to build a new pipeline, which will enable the central Asian republic to pump 40 per cent...
DRAGON OIL (DGO).
- 2007-03-16
2006 was a landmark year for Dragon Oil. It commissioned its first new well-head platform on the Cheleken field offshore of Turkmenistan since buying the assets - followed just earlier this month with the commissioning of its new processing facility as well. But while average 2006...
DRAGON OIL (DGO).
- 2006-09-29
There was A hiatus in production at Dragon's LAM field in the Caspian Sea, off Turkmenistan, following a blockage in a feeder pipeline, which happened in January but was not resolved until 11 April this year. As a result, production fell in the first half by...
TURKMENISTAN - Dragon Oil In Cheleken JV
- 2006-09-25
Dragon Oil of Ireland, controlled by the state-owned Emirates National Oil Company ENOC of Dubai, is the main foreign oil producer in Turkmenistan. Its output now averages about 18,000 b/d, up from 11,000 b/d in 2004 and 13,000 b/d in 2003. But further work on the wells should raise the...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Douglas E Biles | |
| Jeremy John Key | |
| Mirza Hussain Al Sayegh | |
| Nigel Robert | |
| Nigel Robert McCue | Non-Executive Director |
| Brent D. Kinney | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Hussain M Sultan | Chairman & CEO |
| Organization | Position | Status |
|---|---|---|
| Dragon Oil Plc | Chairman & CEO | Current |
| Emirates National Oil Company Limted | Group Chief Executive | Current |
| Drag-On, Inc. | Executive Chairman | Current |
| Drag-On, Inc. | CEO | Former |
Doug is a petroleum engineer bringing over 35 years of technical, operational and management experience within the upstream hydrocarbon industry. His experience includes license negotiations for government agencies and commercial operators, greenfield and rehabilitation project development, oil sales and product sales. He has held several senior positions with public and private companies operating throughout the world including Atlantic Caspian Resources; Dragon Oil PLC; Bridas Energy International; Republic of Azerbaijan; Kerr McGee Corporation; TransWorld Drilling (UK) Ltd.; TransOcean Drilling Ltd.; and Murphy Oil Company of Canada Ltd. Doug holds a BSc in Chemistry and a BSc in Chemical Engineering from the University of Calgary, and is a member of APEGGA and the Society of Petroleum Engineers.
| Organization | Position | Status |
|---|---|---|
| Apegga | Member | Current |
| Kerr-McGee Corporation | Current | |
| Dragon Oil Plc | Current | |
| Murphy Oil Corporation | Current | |
| Wescorp Energy, Inc. | Chairman, President & CEO | Former |
| University of Calgary | Bsc In Chemical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Dragon Oil Plc | Current |
| Organization | Position | Status |
|---|---|---|
| Dragon Oil Plc | Current | |
| Drag-On, Inc. | Former |
| Organization | Position | Status |
|---|---|---|
| Dragon Oil Plc | Current | |
| Drag-On, Inc. | member | Former |
| Gulf Oil Corporation | Former |
Nigel R. McCue - Director. Mr. McCue, age 56, has over thirty years experience in the upstream sector of the petroleum industry. He is a Director and Chief Executive Officer of Jura Energy Corporation (appointed April 2006, current), a company listed on the Toronto Stock Exchange. He is a Director of Nemmoco Petroleum Limited (appointed April 2001, current), a private exploration and production company with interests located principally in Central and Eastern Europe. Prior to this he was a Director and Chief Financial Officer of Lundin Oil AB, a company with interests in over twenty countries with specific experience in mergers and acquisition, equity, corporate and project debt finance, and stock exchange listings. Prior to this, he held various positions with Chevron Overseas Inc. and Gulf Oil Corporation. Mr. McCue is a Non-Executive Director of Dragon Oil Plc (appointed April 2002, current) and is chairman of its audit committee and a member of its remuneration and nomination committees. He is also a Non-Executive Director of Lamprell plc. (appointed July 2006, current) and is chairman of its audit committee and a member of its remuneration and nomination committees.
| Organization | Position | Status |
|---|---|---|
| Jura Energy Corporation | Chief Executive Officer | Current |
| Dragon Oil Plc | Non-Executive Director | Current |
| Lamprell Plc | Board of Directors | Current |
| Sky Petroleum, Inc. | Board of Directors | Current |
| Jura Energy Corporation | Board of Directors | Current |
| Lundin Petroleum AB | Chief Financial Officer | Former |
| Gulf Oil Corporation | Former | |
| Lundin Petroleum AB | Director | Former |
| Organization | Position | Status |
|---|---|---|
| Sky Petroleum, Inc. | Chief Executive Officer | Current |
| Dragon Oil Plc | Director | Current |
| Western Silver Corp | Board of Directors | Current |
| Western Copper Corporation | Board of Directors | Current |
| Husky Energy Inc. | Director | Current |
| Benchmark Energy Corp. | Director | Current |
| Drag-On, Inc. | member | Former |
| Western Standard Corp. | Board of Directors | Former |
| University of Manitoba | Llm Degree | Former |
| University Corp. | Llm Degree | Former |
| University Corp. | BA In Geology | Former |
| University of Manitoba | Bachelor of Science (Geology) Degree | Former |
| University of Manitoba | Degree In Geology | Former |
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