New Dragon Oil Chief Appointed to Drive Growth Strategy

The board of Dragon Oil, a subsidiary of Dubai-government owned ENOC Group, selected industry veteran Ali Rashid Al-Jarwan as the new Ceo.

His consultation to Dragon Oil comes close on the heels of the new board of directors being designated in January this year. The new head replaces His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, who led Dragon Oil in the interim.

The company was completely acquired by ENOC Group in September 2015 giving Dubai an upstream arm and transforming the group right into an up and down incorporated oil and gas business that is well placed to strengthen the nation's energy safety.

As part of increasing ENOC's presence in the upstream field, Al-Jarwan will also become the first Managing Director of ENOC's Exploration & Production arm. He will report to His Excellency Saif Humaid Al Falasi.

Al-Jarwan, a prize-winning energy specialist, has had a long career within the UAE's oil and gas sector, owning the development of a number of firms over the last 4 decades. He acted as CEO of Abu Dhabi Marine Operating Company (ADMA-OPCO) in Abu Dhabi since 2006. Before that, he served as Deputy General Manager of Zakum Development Company.

Al-Jarwan will offer critical instructions and leadership to Dragon Oil over the following few years as it continues its diversity technique.

Dragon Oil has procedures in Turkmenistan, Iraq, Algeria, Egypt, Afghanistan and Tunisia.