Dana Gas Receives $20 Million Payment in Egypt
Dana Gas Company announced that it has received about $20 million payment from the Egyptian Government. This amount takes the funds received in Egypt in Q4 2024 to $24.5 million.
Dana Gas | Egypt Oil & Gas - Part 2
Dana Gas Eyes Egypt Growth, Seeks Payment Release
Dana Gas released its financial results for nine months ending 30 September 2024, reporting a decline in net profit of AED 410 million ($112 m), compared to AED 462 million ($126m) in 9M 2023, due to lower realize ...
Badawi Meets Dana Gas CEO to Discuss Nile Delta Operations
Minister of Petroleum and Mineral Resources, Karim Badawi met with CEO of Dana Gas, Richard Hall during which they reviewed operations in the company’s concession areas in Nile Delta including Manzala, West Manzal ...
Egypt and Dana Gas to Collaborate on Expanding Gas Production
Minister of Petroleum and Mineral Resources Karim Badawi has met with Richard Hall, CEO of Dana Gas, and his accompanying delegation.
Dana Gas Eyes Exploration Opportunities After Egyptian Deal, Despite Q1 Production Dip
The company has produced 18,150 barrels of oil equivalent per day (boe/d) during Q1 2024, divided into 88 million standard cubic feet (MMscf) of gas; 1,800 barrels per day (bbl/d) of condensate and 140 metric tons ...
Dana Gas Expands Egyptian Operations with $43 Million Investment
Minister of Petroleum and Mineral Resources Tarek El Molla has met with Dana Gas CEO Richard Hall and the accompanying delegation to review the available investment opportunities in the Egyptian oil and gas sector ...
Dana Gas Awaits Parliamentary Approval of Agreement with EGAS
Dana Gas expects to obtain approval from the Egyptian Parliament for the agreement concluded with the Egyptian Natural Gas Holding Company (EGAS) at the end of this year.
Dana Gas to Start Drilling 11 New Wells in Egypt
UAE-based energy firm Dana Gas stated that it expects to start drilling 11 new wells in Egypt this year, and estimates that these wells will add up to 80 billion cubic feet of reserves and production.
Dana Gas Increases Foreign Ownership Limit to 100%
Dana Gas, the Middle East’s largest regional private sector natural gas company, has received regulatory approval to increase foreign ownership in the Company’s shares, in line with the UAE’s new Commercial Compan ...
Dana Gas Net Profits Leap by 125% YoY
In its quarterly report, Dana Gas, the Middle East's largest natural gas company, announced that its net profit increased by 125% in Q1 2022, reaching $54 million or 2.8 fils per share, compared to $24 million or ...
