Nigeria Reaches $5.1b Debt Deal with Oil Majors

• Thursday, 24th November 2016
• by Editorial Team

Nigeria has reached a $5.1b settlement to reimburse foreign oil companies, including Exxon Mobil Corp. and Royal Dutch Shell Plc, for past operating costs, Bloomberg reported. Nigeria’s Oil Minister, Emmanuel Ib...

Dana Gas to Discuss $700m Debt Mix

• Monday, 29th August 2016
• by Egypt Oil & Gas

Dana Gas PJSC, a producer of natural gas in Egypt, Iraq and the United Arab Emirates, may seek to roll over part of the $700m Islamic bonds maturing next year. The company’s CEO, Patrick Allman-Ward, said that the fir...

Dana Gas Promises to Honor Debt Payments Amid Concern on $1 Billion Sukuk

• Tuesday, 17th January 2012
• by Egypt Oil & Gas

Dana Gas (DANA) PJSC said it will honor debt obligations as the United Arab Emirates-based energy company faces a $1 billion Islamic bond maturing in October. “Dana Gas over the last four years has timely and co...