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Over the past 25 years, Dragon Oil has invested more than $11 billion in its projects in Turkmenistan, according to Said Al Shamsi, the company’s Director of Marketing and Government Relations. His statement came during the Turkmenistan Investment Forum in the Avaza National Tourist Zone.
During this period, the company has extracted over 440 million barrels of oil, showcasing the stable and productive nature of the partnership.
Dragon Oil has also allocated over $250 million to social and cultural projects, including initiatives in education, health, sports, and culture — reflecting its long-term commitment to supporting local communities.
Al Shamsi noted that over 93% of the company’s 2,200+ employees in Turkmenistan are local citizens, emphasizing the company’s focus on national workforce development.
Dragon Oil has been operating in Turkmenistan since 2000 under a Production Sharing Agreement (PSA), focusing on hydrocarbon development in the Cheleken Contract Area of the Caspian Sea.
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Major International Exhibition and Congress on Healthcare, Education, and Sports Opens in Turkmenistan
10 Oct. 07:33A multi-sector international exhibition and scientific conference celebrating National Healthcare and Pharmaceutical Industry Workers' Day officially opened at the Chamber of Commerce and Industry Expo Center in Ashgabat. In his official greeting to attendees, President of Turkmenistan Serdar Berdimuhamedov highlighted the ongoing integration of advanced technologies and international collaboration. The President noted that key landmarks during this 35th anniversary year of independence include the opening of new International Centers for Oncology, Pediatrics, and Dentistry, alongside modern expansions at the "Archman" health resort.
Running through October 12, the three-day event serves as a global platform uniting state ministries, international manufacturers, medical specialists, and researchers. The agenda encompasses interactive exhibition stands, technical sessions, specialized workshops, and strategic B2B and B2G business negotiations.
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