Dana Gas and Levidian, a British advanced materials company, have signed a memorandum of understanding (MoU) to develop the Sharjah Graphene Park, a UAE-based advanced materials manufacturing and commercialisation initiative.
Dana Gas, the Middle East’s largest regional private sector natural gas company, has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled.
Dana Gas announced shareholder approval of a 6.5 fils ($0.018) per share cash dividend for 2025, marking an 18 per cent increase compared to its 2024 dividend following its Annual General Assembly Meeting.
Dana Gas has recommended a 5.5 fils ($1.5) per share dividend for 2025, totalling AED 385m ($105 million), supported by strong cash reserves and improved cash flow after completing the KM250 gas expansion project in Iraq’s Kurdistan Region.
Dana Gas, the Middle East’s largest regional private sector natural gas company, reported a net profit for the full year 2025 of AED476 million ($130 million) as compared to AED553 million ($151 million) in FY 2024.
Dana Gas announced a major gas discovery at the North El-Basant 1 well in Egypt’s onshore Nile Delta. Initial results estimate 15–25 bcf of reserves, with production expected to surpass 8 mmscfd once the well is linked to the national gas network.
Dana Gas, the Middle East’s largest regional private sector natural gas company, recorded a net profit of AED379 million ($103m) in 9M 2025, compared to AED410 million ($112m) in 9M 2024.
Dana Gas, the Middle East’s private sector natural gas company, has signed a Memorandum of Understanding (MoU) with the Syrian Petroleum Company (SPC) to explore the potential for the redevelopment and expansion of several natural gas fields across central Syria.
Dana Gas, the Middle East’s leading private sector and publicly-listed natural gas company, and Crescent Petroleum, the region’s private upstream oil and gas company, have announced the start of commercial gas sales from the KM250 gas expansion project (“KM250”) at the Khor Mor facility in the Kurdistan Region of Iraq (KRI).
Dana Gas received AED 184 million ($50 million) from Egypt, cutting overdue receivables. The payment supports its drilling programme under a December 2024 consolidation agreement that unified concessions, improved fiscal terms, and added new acreage to encourage investment and exploration.
