Dana Gas, the Middle East's first and largest regional private sector Natural gas Company has announced its latest gas discovery in the Nile Delta, Egypt.
Dana Gas PJSC, a United Arab Emirates energy company, posted a third-quarter profit compared with a year-ago loss, attributing the result to higher product prices and output and fewer write-offs due to exploration costs.
Dana Gas of Sharjah has made another gas strike in Egypt's Nile Delta, the latest in a string of discoveries that have already lifted its Egyptian oil and gas output by 20 per cent this year.