DANA GAS and KIOEC to partner exploration block in Egypt

  • DANA GAS and KIOEC to partner exploration block in Egypt

    DANA GAS and KIOEC to partner exploration block in Egypt

    Friday, 27th April 2007
    Dana Gas, the Middle East’s first regional private-sector natural gas company, announced that it has signed a farm out agreement with Kuwait International Oil & Environment Company (KIOEC), a subsidiary of TAQAT Holding and Gulf Oil Investments, to participate with a 50% working interest in Dana Gas’ Komombo Concession, located in the Western Desert, Upper Egypt and approximately 800 Km south of Cairo.