Wednesday, 6th October 2021
Dana Gas PJSC , the Middle East’s largest regional private sector natural gas company announced that its 9M 2021 collections from Egypt have increased 136% year-on-year to $125 million (AED 458mm) from $53 million (AED 195mm) in the same period the previous year.
Wednesday, 8th September 2021
Pearl Petroleum Company has signed a $250 million financing agreement with the U.S. International Development Finance Corporation (“DFC”) to support the gas expansion works at Kurdistan’s Khor Mor gas plant
Wednesday, 11th August 2021
Dana Gas reported its performance during H1 2021. The company's Egypt operational cash flow jumped by 175%, reaching $80 million in the mentioned period.
Sunday, 25th July 2021
The London Court of Arbitration (LCIA) has ruled in favor of Dana Gas against IPR Wastani Petroleum’s arbitration on IPR’s Sale and Purchase Agreement (SPA) for the oil and gas assets in Egypt.
Sunday, 9th May 2021
Dana Gas’s total production has averaged around 64,900 barrels of oil equivalent per day (bbloe/d) indicating a 2% increase compared to 63,650 bbloe/d in Q1 2020.
Wednesday, 5th May 2021
Dana Gas, and its partner Crescent Petroleum have resumed the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum consortium, according to press release.
Monday, 26th April 2021
Dana Gas has terminated its agreement with IPR Wastani Petroleum Ltd for the sale of its Egyptian assets, according to Dana Gas’ press release.
Sunday, 14th February 2021
Dana Gas Company announced its preliminary unaudited financial Results for the full year 2020.
Sunday, 20th December 2020
Dana Gas achieved a production record from Pearl Petroleum’s Khor Mor Gas Plant of 430 million cubic feet per day of gas (mmcf/d) on December 15 in the Kurdistan Region of Iraq (KRI).
Sunday, 15th November 2020
Dana Gas Company announced that it generated a net profit of $31 million during the first nine month of 2020 compared to $69 million during the same period of 2019, excluding one-off non-Cash impairments and other income items.