Dragon Oil Reaffirms Commitment to Innovation and Sustainability at Turkmenistan's Avaza Forum

During the recent Avaza Investment Forum in Turkmenistan, Said Al Shamsi, General Manager of Marketing and Government Relations at Dragon Oil, has conveyed a strong message on behalf of CEO Abdulkarim Ahmed Al Mazmi, reaffirming the company’s commitment to innovation and sustainable growth in the global oil and gas sector.

Highlighting Dragon Oil’s enduring 25-year partnership with Turkmenistan, Al Shamsi revealed that the company has invested over $11 billion in the country, with total oil production exceeding 440 million barrels. This milestone underscores Dragon Oil’s significant role in Turkmenistan’s energy landscape, The Caspian Post reports via Turkmen media.

Beyond its industrial contributions, Dragon Oil has demonstrated deep social responsibility, investing more than $250 million in local initiatives that support education, culture, sports, and health programs. These efforts reflect the company’s dedication to improving the quality of life and fostering sustainable development within Turkmen communities.

Al Shamsi also praised the company’s workforce, noting that 93 per cent of Dragon Oil’s 2,200-plus employees are Turkmen nationals. This strong local representation is a testament to the company’s trust in and collaboration with the local community.

He emphasized that Dragon Oil’s operations are firmly rooted in five core values: responsibility, integrity, respect, innovation, and excellence. These principles continue to guide the company’s strategic vision as it looks to the future.