Thursday 23 May 2013
 
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Dana Gas

Dana Gas net profit up 17pc in Q1

Dana Gas made a net profit of Dh241 million ($66 million) in the first quarter of 2013, up 17 per cent from a year ago, the Abu Dhabi-listed energy firm said on Tuesday. But revenue and gross profit fell during the first three mon

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Dana Gas appoints new investor relations director

Dana Gas, the Middle East's leading private sector natural gas company, has announced the appointment of Robinder Singh as investor relations director, in line with its commitment to strengthen of its management team. Singh wi

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Dana Gas dismisses Iraq asset sale rumours

Abu Dhabi energy firm Dana Gas on Sunday dismissed the speculation that the company was poised to spin off its assets in the Kurdistan region of Iraq as baseless. Shares in Abu Dhabi energy firm Dana jumped 8 per cent to a 17-month hi

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Dana shareholders approve sukuk restructuring

  Shareholders in Abu Dhabi-listed energy firm Dana Gas approved a plan to restructure its $920 million Islamic bond, the company said.   Last October Dana became the first company in the UAE to mis

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Dana Gas wins Egypt oil exploration deal

Dana Gas, a leading regional private sector natural gas company, said it has won a major oil exploration contract from the Egyptian Natural Gas Holding Company and has also been pre-qualified as a non-operator in Lebanon’s first offshore l

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Dana Gas collects $73m from Egypt, Kurdistan ops

Dana Gas, a leading regional private sector natural gas company, has collected a total of $73.7 million in receivables in the Kurdistan region of Iraq and Egypt, marking a significant so far this year. The company is confident of

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Dana eyes $1bn bond repayment

Dana Gas, the Abu Dhabi-listed energy firm, said it has begun seeking consents from the holders of $1 billion Sukuk-al-Mudarabah (Islamic bond) issued by Dana Gas Sukuk to restructure the bond on previously-announced terms. Confir

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Dana delays restructuring vote to April 23

Dana Gas, the Abu Dhabi-listed energy firm, postponed the shareholder vote for restructuring of the $920 million sukuk to April 23 after a meeting on Sunday failed to meet the required quorum. This is the second time the meeting h

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Dana delays restructuring vote to April 23

Dana Gas, the Abu Dhabi-listed energy firm, postponed the shareholder vote for restructuring of the $920 million sukuk to April 23 after a meeting on Sunday failed to meet the required quorum. This is the second time the meeting h

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Dana Gas sukuk restructuring vote postponed

Dana Gas, the Abu Dhabi-listed energy firm, said a shareholder meeting to vote on the restructuring of the $920 million sukuk did not met the required quorum. A new meeting has been scheduled for March 21, the company said in a fi

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