Dana Gas Egypt | Egypt Oil & Gas

Dana Gas Receives $20m Additional Payments from Egypt

Dana Gas, the Middle East’s largest regional natural gas company, stated that it has received an initial payment of $50m from the Egyptian government as partial payment of its outstanding receivables. Dana Gas a...

Dana Gas to Freeze Investments

The Egyptian Natural Gas Holding Company( EGAS) has not frozen or canceled its existing E&P agreements with Dana Gas, said an official source at EGAS, Al Mal reported. The source further stated that Dana Gas, like...

Dana Gas Freezes Egypt’s Investment over Arrears

Chief Executive Officer of UAE’s Dana , Patrick Allman-Ward, said that the company will not inject new investments in Egypt because of delays in obtaining payments owed by the government, Reuters reported. The g...

China to Cut Special Subsidies for Shale Operations

China will cut special government subsidies for shale gas developers in the next five years even as the country encourages explorers to produce more clean energy such as natural gas to replace coal. The subsidies will...

Egypt: Frac jobs boost Kom Ombo oil output

Gross production from Al Baraka field on the Kom Ombo block in upper Egypt is averaging an estimated 900 b/d of oil, said Sea Dragon Energy Inc. , Calgary, cooperator of the concession with Dana Gas Egypt. Proved and ...

Dana Gas: 20% increase in Nile Delta production

Dana Gas announced that its annual production rate for 2010 from its Nile Delta Concessions is an estimated 42,000 barrels of oil equivalent per day (boepd), an increase of 20% on 2009, with production commencing from...

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