Friday 25 April 2014
 
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Dana Gas

Dana Gas profit edges down over Iraq ops

Dana Gas, a leading natural gas company in the region, posted a net profit of Dh571 million ($156 million) in 2013 compared to Dh605 million ($165 million) in 2012, at its eighth Annual General Meeting (AGM) in Sharjah. Lower sale

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Dana starts Egypt gas plant upgrade

UAE's Dana Gas said it is starting a scheduled upgrade and maintenance work for its Egyptian El Wastani gas plant which requires a temporary shutdown for about two weeks. The company said in a statement the upgrades would allo

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Dana Gas inks Egypt exploration deal

Dana Gas, a leading regional private sector natural gas company, has signed an exploration deal for the North El Arish (Block 6) Concession Area, offshore the eastern Nile Delta. The 2,980 sq km block was awarded in April 2013 as

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Dana Gas Q4 profit rises 12pc to $34m

Dana Gas made a net profit of 128 million dirhams ($34.9 million) in the fourth quarter of 2013, up 12 percent from a year earlier, the UAE energy company said on Sunday. Net profit for the full year fell 6 per cent to 571 million

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Dana Gas receives $53m from Egypt

Abu Dhabi-listed Dana Gas said on Tuesday that it had received $53 million from the Egyptian government out of a total of $330 million owed to the company by Cairo. Payment of $42 million was received in U.S. dollars and the balan

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Dana Gas awards $17m offshore contract

Dana Gas, a leading regional private sector natural gas company, said it has awarded a $17 million contract to Adyard Abu Dhabi, a subsidiary of Interserve, for the fabrication of an offshore platform for the Zora Field Development Project which

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Dana Gas Q3 net profit edges down in Q3

Dana Gas made a net profit of 102 million dirhams ($27.8 million) in the third quarter compared to 104 million dirhams in the same period of last year, the United Arab Emirates energy company said on Monday. Gross revenues for the

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Dana Gas consortium files case against Kurdistan

The largest oil and gas investor in Iraqi Kurdistan has initiated the first major legal case against the regional government over payments and production rights, just as the autonomous enclave is on the cusp of becoming a major energy exporter.

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Dana Gas, Crescent complete 5-year operation in Iraq

Dana Gas, a leading regional private-sector natural gas company, and Crescent Petroleum, a private oil and gas company in the Middle East, have completed five years of joint production in the Kurdistan region in Iraq. As joint ope

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Dana Gas Egypt production hits 2-year high

UAE-based Dana Gas, a leading regional sector natural gas company, has achieved gas production level in Egypt of 200 million standard cu ft per day, the highest level for the company in the country in two years. The production lev

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