CASPIAN

 

Dragon Sees Oil Production Increase In Turkmenistan

Dragon Oil, the Dubai government-controlled company that is Turkmenistan’s principal upstream oil producer, said that it increased output by 10.7% in the first half of 2012, compared to the same period last year. Dragon expects to be able to carry out a drilling program that calls for the completion of 16 wells by the end of the year. This would result in an annual production increase of...