Thursday 27 November 2014
 
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Dana Gas

Dana Gas posts 36pc jump in Q3 net profit

Dana Gas, the UAE energy firm, reported a 36 per cent rise in third-quarter net profit on Wednesday as production increased and it reined in costs. The Sharjah-based company made a profit of $38 million in the three months to Sept

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Dana Gas Q3 profit up 36pc as costs fall

Abu Dhabi-listed Dana Gas reported a 36 per cent rise in third-quarter net profit as increased production and lower costs offset falling oil prices.   The Sharjah-based company, which has operations i

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Dana Gas 9-month revenue surges 16pc

Dana Gas, a leading regional natural gas company, has posted revenues of $541 million during the first nine months of the year  period as against $466 million in 2013, marking a 16 per cent increase. Net profit in the nine mo

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Dana Gas signs deal to recover $280m owed by Egypt

Dana Gas has signed a revised deal with Egypt that will help it to recover most of the $280 million it is owed by the government for exploration and production assets in the country, the UAE energy company said.  

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Dana Gas wins two Nile Delta concessions

Dana Gas Egypt, a subsidiary of UAE-based Dana Gas, a top private sector natural gas company, has been awarded two onshore concessions in the Nile Delta as part of the 2014 EGAS bidding round held recently in Egypt. The concession

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Dana Gas wins $100m financing for Zora project

Dana Gas, the Middle East’s leading regional private sector natural gas company, has secured through its wholly owned subsidiary Dana Gas Explorations, a $100 million term facility for the Zora Field Development Project in the UAE.  

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Dana Gas wins tribunal case on Iran deal

United Arab Emirates-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural gas supply contract between its affiliate Crescent Petroleum and Iran. The tribunal ruled

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Dana Gas Q2 net profit jumps 70pc

Dana Gas, the United Arab Emirates energy firm, said on Wednesday that its second-quarter net profit jumped 70 percent as production across the group rose. Dana made a net profit of 169 million dirhams ($46.0 million), the company

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Iraq Kurds reject Dana Gas view on payments

Iraq's autonomous Kurdish region has rejected a statement by UAE's Dana Gas that a London tribunal had awarded the company the right to receive some outstanding payments from the Kurdish government. Dana Gas, one of the la

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Dana Gas wins payments from Kurdistan

Dana Gas, one of the largest oil and gas investors in Iraq's semi-autonomous Kurdish region, said on Sunday that an arbitration tribunal had awarded it the right to receive some outstanding payments from the Kurdish government.

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