Egypt Assets Sale
Sunday, 25th October 2020
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.
Thursday, 3rd September 2020
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.
Thursday, 23rd April 2020
Dana Gas’s proceeds from selling its Egypt assets will go towards paying $397 million of outstanding Sukuk.