Dana Gas, citing falling oil prices and geopolitical issues, reported on Thursday a 19.8% in net profit of $125 million (Dh457 million) for 2014 compared to $156 million a year earlier.
Dana Gas, the sixth largest gas producer in Egypt, announced on Sunday that its daily production reached 40,000 barrels of oil per day, an 8% increase compared to the previous year.
UAE-based Dana Gas revealed on Wednesday that it could delay the schedule of receiving the owed debt by the Egyptian government, due to the international decline in oil prices.
Egypt’s government has paid Dana Gas US$60 million, part of overdue receivables totalling $212m, the Abu Dhabi-listed firm said in a statement on Sunday.
Dana Gas, the Middle East's leading regional private sector natural gas Company, and Crescent Petroleum, the oldest private oil and gas Company in the Middle East, have announced the achievement of five years of cont ...
Dana Gas, the Middle East's leading regional private sector natural gas Company, announces that it has achieved gas production level in Egypt of 200 million standard cubic feet per day, the highest level for the comp ...
Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announces its financial results for the first quarter ended 31 March 2013 with a net profit after tax of AED 241 million (US$ 66 m ...
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 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.