Dana Gas | Egypt Oil & Gas - Part 11

Egypt Awards New Oil and Gas Contracts

Egypt recently awarded eight oil and gas exploration contracts for prospecting projects off the North Coast of the Mediterranean Sea. Companies inacluding BP, Petroceltic International, Sea Dragon, Pura Vida Energy ...

Dana Gas Makes Significant New Gas Discoveries in Egypt

Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced that it has made two new onshore gas discoveries in the Nile Delta Basin of Egypt.

Dana Gas Signs Gas Field Agreements with Sharjah and Ajman

Dana Gas the Middle East's first and largest regional and private-sector natural gas company has signed a set of agreements with the Sharjah and Ajman Governments to jointly develop the shared field located around 40 ...

Dana Gas Commences Production from New Egypt NGL Plant

Dana Gas PJSC, the Middle East's largest private sector natural gas company, announces that its joint-venture, the Egyptian Bahrain Gas Derivatives Company (EBGDCo) NGL extraction plant region at Ras Shukheir in Egyp ...

Dana Gas and Crescent Petroleum Kurdistan Production Reaches 80,000 barrels per day on 4th Anniversary

Dana Gas and Crescent Petroleum in their capacity as joint operator of the Khor Mor field, have announced that total production in their gas operations in the Kurdistan Region of Iraq has reached 80,000 barrels of oi ...

Dana Gas reports strong profit growth for Q1 2012

Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announces its financial results for the first quarter ended 31st March 2012 with a net profit after tax of AED 206 million, more t ...

Dana Gas Shows Strong Annual Growth both Financially and Operationally

Dana Gas, the Middle East's largest regional private sector natural gas company, held its 2011 Annual General Meeting (AGM) on Thursday 26 April 2012, Chaired by the Company's Honorary Chairman H.E. Sheikh Ahmed Bin ...

Dana Gas Encumbered by Payment Delays

UAE-based Dana Gas is struggling to cope with the payment delays owed from Egypt and Kurdistan. The company's outstanding debt of $1billion Sukuk (Islamic bonds) has significantly strained the company's ability to pr ...

Dana Gas Drills New Well in the Nile Delta

UAE-based Dana Gas completed the drilling of a new exploratory well in the Nile Delta area. PLUTO-1 is a gas-producing well. It was drilled using the EDC-66 rig to a vertical depth of 7,300 feet, the cost of which ha ...

Dana Gas achieves 220% increase in net profits in 2011

Dana Gas PJSC the Middle East's largest regional private sector natural gas company, has announced its preliminary financial results for the year ended 31st December 2011.

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