Dragon Oil, the Dublin-listed oil and gas group which is controlled by the government of Dubai through the Emirates National Oil Company, has been forced to go back to its bankers for increased funding because of delays in the latest well in the Caspian Sea.
Chairman Mr Hussain Sultan said the successful and timely completion of the well is the key to the company's future funding.
:quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/irishtimes/VR3765MFOBH2NMV2QNICYDF67M.png)