Dana Gas | Egypt Oil & Gas - Part 11

Dana Gas Making Cutbacks After $9m Oil Prices Loses

The UAE’s Dana Gas reported third quarter gross revenue of $93m as compared to $174m and an overall net loss of $9m.

Petroleum Minister Meets IOCs About Oil and Gas Field Development

Tarek El Molla—Minister of Petroleum and Mineral Resources—held extensive meetings with a number of heads of Arab and foreign companies operating in Egypt including: Emirati Dana Gas, BG Group, Petronas, and Engie (r ...

Crescent Group to Invest $300m in Egypt

The Crescent Group, locally represented through Dana Gas, plans to invest $300m in gas exploration and excavation projects in Egypt, reported Al Mal.

Dana Gas Reports 85% Drop in Profit from Year Earlier

The UAE-based Dana Gas announced an 85% drop in profit compared to last year,

Dana Gas Wins Case from 2013 Against Kurdish Government

Dana Gas, one of the largest oil and gas investors in Iraq's semi-autonomous Kurdish region

Dana Gas Begins Drilling in Balsam-2

Dana Gas, the Middle East’s leading regional private sector natural gas company, is pleased to confirm that it has commenced drilling the Balsam-2 development well in the Balsam Development lease onshore Nile delta.

BP to Pay $39m of Dana Gas’s Exploration Costs in Egypt

Dana Gas has signed an agreement for BP to pay for part of its exploration costs in the El Matriya onshore concession area in Egypt.

Update-1: Dana Gas to Develop 20 New Wells

Dana Gas is committed to develop 20 new wells and work-over 17 existing wells in Egypt, in the framework of a $350 million work program, per the Gas Production Enhancement Agreement (GPEA), according to Dana Gas pres ...

Dana Gas to Ramp up Production in Egypt

Dana Gas is on track to produce 40 million cubic feet of gas from the Zora field in Sharjah and ramp up production in Egypt this year, the company’s chief executive said.

UAE Based Dana Gas Promised Full Repayment by Egyptian Government by 2016

Dana Gas, an energy firm based in the United Arab Emirates, could recover all of its outstanding arrears from the Egyptian government by next year, its Group Chief Executive Patrick Allman-Ward said.

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