The Crescent Group, locally represented through Dana Gas, plans to invest $300mn in gas exploration and excavation projects in Egypt, reported Al Mal. The company has announced that the investment will be focused on implement new projects. The company’s revenue report stated that Dana gas’s operations in Egypt have provided revenue worth $49m, of which $33m were in cash and $16m were government offsets.
Crescent Group to Invest $300m in Egypt
![Crescent Group to Invest $300m in Egypt](https://egyptoil-gas.com/wp-content/uploads/2015/04/First-gas-Flows-from-Jasmine-Field-UK-750x495.jpg)
Egypt Oil & Gas 8798 Posts