receivables | Egypt Oil & Gas

Egypt Reaps $295M from Sukari Gold Mine in 2024

Egypt’s revenues from the Sukari Gold mine during 2024 amounted to  $295.2 million. This is divided into $15.42 million in taxes, $28.78 million in royalties, and $251 million in dividends, according to AngloGol...

Dana Gas Eyes Exploration Opportunities After Egyptian Deal, Despite Q1 Production Dip

Dana Gas production from Egypt decreased 25% in Q1 2024 due to natural field decline, the company announced in its Q1 financial results. The company has produced 18,150 barrels of oil equivalent per day (boe/d) during...

Dana Gas Egypt Collections Reach $39 million in December 2021

Dana Gas collections from Egypt has reached $39 million (AED 143mm) in December, reducing the company’s receivables below $30 million, to its lowest levels since commencing operations there in 2007, according to a pre...

Dana Gas to Overview Egypt Operations on June 24 Meeting

Sharjah-based gas company Dana Gas announced Sunday it will discuss collection of receivables in Egypt and Kurdistan in the next board of directors’ meeting on 24 June. In a statement to the Abu Dhabi Securities Excha...

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