The Dubai-based player said it aims to award contracts for construction and installation of up to four platforms and associated pipelines at its Dzheitune (Lam) field in its operated Cheleken contract area in the Caspian Sea later this year and in early 2014.
The facilities, including the D and E platforms, are due to be installed at the field in 2015 and 2016 with Dragon targeting production of 100,000 barrels per day of oil from Cheleken by 2015, after reporting first-half average output of 73,600 bpd – an increase of 15% from the previous year.
The
