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12-532: The city of Hazar , former Cheleken, is located in the peninsula, which administratively belongs to Turkmenistan's Balkan Province . The Cheleken Peninsula is about 40 km long and 22 km wide. It borders on the Caspian Sea in the west and with the Türkmenbaşy Gulf (former Krasnovodsk Bay) in the north. The peninsula has a continental dry climate with a precipitation of 150 mm/year. The area

24-554: A Captain by the name of Woodruff of a British merchant company remarked that 36 Ogurdjali families resided on the island. They had 26 large boats and some oil wells . Prior to 1917, the Moscow Society, Cheleken-Dagestan Society, Kuzmin and Co, Bostondjoglo, South Caucasian Mining Society, and Second Moscow Group were among the established Russian oil companies. By 1925, after the establishment of Soviet Turkmenistan , wells had been nationalized and oil production decreased. By

36-649: A Turkic people, the Khazars ( viz. ), who lived on the shores of the Caspian Sea and lent their tribal name to the body of water in several Turkic languages, including Turkmen . The current name of the city thus comes from the Turkmen name of the Caspian Sea. The former name, Çeleken (Cheleken), is the name of the former island, now peninsula, on which the city is located. The word comes from Persian chahar kan چهارکن, meaning "four wells" or "four riches", referring to

48-823: Is a stub . You can help Misplaced Pages by expanding it . Emirates National Oil Company ENOC (the Emirates National Oil Company ) is a global diversified state-owned energy group that operates in the oil, gas, and coal industry. Established in 1993, ENOC is a wholly owned company of the Government of Dubai , through the Investment Corporation of Dubai . In 1999 ENOC opened its first oil refinery , which produced 120,000 barrels per day (19,000 m /d) and cost about AED 1.5 billion. In 2019, ENOC presented two new digital ventures under its accelerator program Next, which

60-541: Is a seaport town located on the Cheleken Peninsula of the Caspian Sea . It is directly subordinate to the city of Balkanabat in Balkan Province of western Turkmenistan . In November 2022, it was downgraded from city-with-district-status to a town, and alongside Gumdag , it became subordinate to City of Balkanabat . Hazar (also Khazar, a backformation of Russian: Хазар ) was the name of

72-493: Is desert and the central part is elevated terrain averaging 100 m elevation, with 25 m high cliffs in the central part of the western shore, while the eastern shore is low and sandy. The Peninsula has two spits or bars at the end running meridionally from north to south; the northern or right spit is also known as the Kafaldja Peninsula, while the southern or left spit running towards Ogurja Ada (Ogurchinsky Island)

84-635: Is known as the Dervish Peninsula. From time to time, such as in 1995, the Cheleken Peninsula becomes an island again when the level of the waters of the Caspian rises. There are mud volcanoes in the Cheleken Peninsula. The Cheleken Peninsula was formerly an island . It was plotted on a rough map for the first time in 1715 by Alexander Bekovich-Cherkassky as 'Chereken Island'. The area was mapped by Fedor Ivanovich Soimonov during

96-586: The Caspian Expedition , which surveyed the Caspian Sea from 1719 to 1727 and in some maps of the 18th to 19th centuries it appeared as 'Neftyanoy' or as 'Neftonia'. The island was also described later by G. S. Karelin in 1832. Karelin commented that there were four types of crude oil in the Cheleken Peninsula. The island merged with the mainland after 1937. Hazar, Turkmenistan Hazar (until 1999 known as Çeleken , also written Cheleken ; Russian : Челекен ; Persian : Chaharken چهارکن )

108-585: The late 1950s, oil production index went up again. Dragon Oil , a petroleum extraction firm owned by Emirates National Oil Company , is the major employer in Hazar and operates the oil loading terminal there. Following planned renovations and upgrades, the Hazar iodine plant will have a design capacity of 300 tonnes of iodine, plus 4500 tonnes of bromine per year. 39°26′42″N 53°06′54″E  /  39.445°N 53.115°E  / 39.445; 53.115 This Turkmenistan location article

120-475: The remaining 46% of Dragon Oil for £3.7 billion pound sterling. The board of members consists of Sheikh Saeed Mohammed Ahmad Al Tayer, Sheikh Abdulrahman Saleh Al Saleh. The group's current CEO is Saif Humaid Al Falasi. Mohammad Sharf serves as the group's CFO. In 2018, the group was awarded a Transform Award MENA Bronze. In 2020, ENOC Group won the Dubai Gold Award for Quality, which honors

132-515: The wealth of petroleum found on the peninsula. This city and area are rich in petroleum oil reserves. As far back as the 1st century, the Greek philosopher Strabo said, "They say, diggers opened oily springs near the Okh River. Indeed, if a country has alkaline, asphalt, sticky, sulfurous waters, it is most likely to have oily springs. Only, their scarceness makes this fact miraculous." In 1743,

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144-898: Was launched the same year: Enoc Link, an automotive refueling service and Beema, an online vehicle insurance service. ENOC is a multi-interest oil and gas group that has operations in Dubai and Northern Emirates in UAE , and has recently opened operations in Abu Dhabi , the largest of the emirates. One of its subsidiaries, ENOC Processing Company LCC (EPCL), runs the Jebel Ali refinery in Dubai. The ENOC Group comprises numerous related subsidiaries , across two main categories - energy operations and general services - covering upstream , midstream , and downstream sectors. In June 2015, ENOC acquired

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