Baghdad (IraqiNews.com) – UAE-based Dragon Oil, a subsidiary of the state-owned Emirates National Oil Company (ENOC), has signed a series of strategic memoranda of understanding (MoUs) with companies active in Iraq’s oil sector.
The agreements include one with China’s Anton Oilfield Services, a leading provider of oilfield services, and another with Nohadh Al-Benaa for General Trading & Oilfield Contracting Services.
Earlier this month, Dragon Oil also signed with Sahool Al-Salam Oil Services, part of the Al-Amal Group, covering engineering, procurement and construction activities as well as potential investment in new oilfields.
The partnerships are designed to strengthen cooperation, support Iraq’s energy sector, and expand infrastructure at oilfields where Dragon Oil operates. They also underline the company’s long-term commitment to the Iraqi market and its ambition to build sustainable partnerships that deliver growth and mutual value.
Dragon Oil has been present in Iraq since 2013, when it signed a production-sharing contract for Block-9 in Basra.
The company also operates assets in Turkmenistan, Egypt and other markets, positioning Iraq as a core part of its regional growth strategy.
