Dragon Oil Plc said tightening international sanctions against Iran may make it “more difficult” for the Dubai-based explorer to make payments for a rig operating in the Caspian Sea.

Dragon Oil Plc, an explorer focused on Turkmenistan, said 2014 production growth will be at the lower end of its forecast after delivery of a rig was delayed.

Dragon Oil has signed a contract with BKE Shelf to hire the Astra jack-up rig for six months from November. Dragon Oil has signed a contract with BKE Shelf to hire the Astra jack-up rig for six ...

Dragon Oil released the CIS Rig 1 with the intention to secure a platform-based rig with higher specifications. However, during the tendering processes, ...

Dragon Oil has decided not to renew the contract for a platform-based rig. ... Dragon Oil's own rig, Rig 40 , was refurbished in 2008 and spud ded its first well in January 2009.

The rig, upgraded in 2021 for deeper offshore drilling, marks a strategic move to enhance Kazakhstan’s role in the regional oilfield services market and deepen economic ties with Turkmenistan.