Dragon Oil has received a 25-year licence to explore, drill and develop oil deposits off the Turkmenistan Caspian Sea coast. It signed a production agreement with the Turkmenistan government last November covering the two fields, Lam and Zhdanov, which have estimated recoverable reserves of 80 million tonnes.
Dragon Oil get Caspian licence
Dragon Oil has received a 25-year licence to explore, drill and develop oil deposits off the Turkmenistan Caspian Sea coast
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