Dana Gas | Egypt Oil & Gas - Part 5

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.

Dana Gas Boosts Core Operations Net Profits by 80% YoY in 2019

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, announced on February 12 achieving a surge in its net profits by 80%, reaching $115 million in 2019, compared to $64 million in ...

Dana Gas Generates 31,800 boe/d from Iraq

Dana Gas’s average production during the first nine months of 2019 increased by 8% to 67,100 barrels of oil equivalent per day (boe/d), driven mainly by a 23% increase in production in the Kurdistan Region of Iraq ...

Update: Eni Might Consider Dana Gas’s Egyptian Portfolio

Eni is not entirely ruling out a possible interest in the Egyptian assets of Dana Gas, unlike what earlier statements had reported, Eni’s CEO Claudio Descalzi said.

Eni Denies Eyeing Dana Gas’s Egyptian Assets

Italian energy company Eni is not interested in Dana Gas's assets in Egypt, CEO Claudio Descalzi told Bloomberg in an interview.

Dana Gas Repurchases 3.6 MM Shares

Dana Gas has bought back around 3.6 million of the company’s shares on September 22, at an average price of about AED 0.95 per share.

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