Monday 28 July 2014
 
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Dana Gas

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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Dana Gas ops in Iraqi Kurdistan normal

Abu Dhabi-listed energy firm Dana Gas, one of the largest oil and gas investors in Iraqi Kurdistan, said on Sunday its operations there had not been affected by fighting elsewhere in the country in recent days. The insurgent offen

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Dana Gas operating profit up 67pc

Dana Gas, the Middle East’s largest regional private sector natural gas company, reported a 67 per cent rise in operating profits in the first quarter of this year to $45 million as compared to $27 million in Q1 2013. The fi

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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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