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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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President of Uzbekistan Shavkat Mirziyoyev has presented U.S. President Donald Trump with two traditional wooden ayvans featuring intricate Uzbek woodcarving craft. According to The New York Times, the structures have already arrived in Washington, D.C., and assembly has begun in West Potomac Park, where Trump plans to establish the "National Garden of American Heroes."
U.S. Department of the Interior spokesperson Cathy Martin stated that park visitors will be able to view the ayvans starting this autumn. Uzbekistan's Ambassador to the U.S. Furkat Sidikov shared on X (Twitter) that the gift serves as a symbol of friendship and strategic partnership between the two nations. The report also highlights other notable foreign gifts received by Trump, including a luxury aircraft from Qatar and a pair of cheetahs from Saudi Arabia.
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