[6] In 1999, Dragon Oil signed a Production sharing agreement (PSA) with the Government of Turkmenistan, aiming to re-develop the Cheleken field in the Caspian Sea.

[9] In the period 2005 to 2015 in total eight exploration licences were taken in Algeria (2), Tunisia (1), the Filippines (1), Afghanistan (2), Iraq (1) and Egypt (1) (see the detailed information below in "Operations").

[16] From 2012 to 2015, Dragon Oil suffered setbacks caused by several delivery delays of a drilling platform, an important part of the companies progress in the Caspian Sea.

[8] In November 2015, the company was in talks to invest around $10 billion into a natural gas pipeline, the Tapi project, from Turkmenistan to India.

[30] Dragon Oils headquarters is in Dubai, UAE with all of the senior management based on site.

[31] Its principal producing asset is at Cheleken, in the eastern section of the Caspian Sea, offshore from Turkmenistan.

[7][17][35][36] It is also involved in exploration activities in Afghanistan (Sanduqli and Mazar-i-Sharif blocks),[37][38] Algeria (Tinrhert Nord Perimeter and Msari Akabli Perimeter),[39][40] Egypt (East Zeit Bay), Iraq (Block 9)[41] and Tunisia (the Bargou Exploration Permit).

[42] Past operations also include the Philippines, where Dragon Oil explored in the offshore Palawan Basin under agreement SC 63 until November 2015.