Dana Gas | Egypt Oil & Gas - Part 5

Dana Gas to Sell Egypt Onshore Assets to IPR for $236 MM

Dana Gas and IPR Wastani Petroleum Ltd have entered into a binding agreement for the sale of Dana Gas’s onshore Egyptian producing oil and gas assets valued at $236 million including contingent payments. 

Dana Gas Signs $90 MM Corporate Facility Loan

Dana Gas, the Middle East’s leading regional private sector natural gas company, has entered into a US$90 million corporate facility from Mashreq Bank.

MoP, EOG-CSR Offer Second Batch of Anti-Coronavirus Aid Supply to Medical Community

The Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility (CSR) subcommittee have sent the second batch of medical equipment today, ...

UOG Appoints Iman Hill as Independent Non-Executive Director

United Oil & Gas PLC (UOG) has appointed Iman Hill as an Independent Non-Executive Director, according to a press release.

Dana Gas, IPR Negotiate Egypt Assets Sale

Dana Gas is currently in negotiations with IPR Energy about the sale of its Egyptian assets ahead of repayment of about $300 million in debt in October.

MoP, EOG-CSR Subcommittee Support Medical Community Against COVID-19

To support the medical community amid the coronavirus (COVID-19) outbreak, the Ministry of Petroleum and Mineral Resources, and Egypt Oil & Gas (EOG) Technical Committee through its Corporate Social Responsibility ...

Dana Gas to Pay $397 MM of Outstanding Sukuk

Dana Gas’s proceeds from selling its Egypt assets will go towards paying $397 million of outstanding Sukuk.

Dana Gas Approves 5.5 Fils Cash Dividend

Shareholders at Dana Gas, the Middle East’s largest private sector natural gas company, announced its decision to distribute AED 5.5 fils per cash dividend for the 2019 financial year.

Dana Gas Delays Selling Egypt’s Assets 

Dana Gas confirms delaying selling its assets in Egypt.

75% of Dana Gas Production Unaffected by Oil Prices’ Drop

Dana Gas Company has announced that its production of natural gas which constitutes 75% of the company's production is unaffected by failing oil prices.

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