Dana Gas | Egypt Oil & Gas - Part 12

Oil Slump and Geopolitics Hit Dana Gas

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 Increased Production By 8% from Previous Year

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.

Dana Gas: Oil Prices May Delay Debt Payments

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.

UAE’s Dana Gas says it has received $60m from Egyptian government

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 and Crescent Petroleum Achieve 5 Years Continuous Production in Kurdistan Region of Iraq

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 Egypt Production reaches 200 million scfd

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 Continues Operations in Egypt

Dana Gas announced that they plan to continue operations as well as investment in Egypt, despite challenges.

Dana Gas Reports Strong Profit Growth for Q1 2013

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 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.

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