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Oil & Gas Middle East Power 50 2016: 31-40

by Arabian Oil & Gas Staff on Apr 4, 2016



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31. Dr Abdul Jaleel Al Khalifa
CEO, Dragon Oil

Dr Abdul Jaleel Al Khalifa has certainly earned his stripes at Dragon Oil, having been appointed to its Board in 2008, having garnered management and technical experience gained during his time at Saudi Aramco. He proved to be a steady hand in 2015, when ENOC acquired Dragon Oil for $2.4bn, ending the battle to purchase the remaining 46% it did not already own. The purchase of Dragon Oil means that ENOC currently has assets capable of producing 100,000 barrels of oil per day. Since then, it has flexed its financial muscle, invested $5bn in the development of the Cheleken offshore fields in Turkmenistan. It is also working with Kuwait Energy on the Exploration Block 9 located in Basra, Iraq.


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