UAE-based Dana Gas increased average production of gas, LPG, condensate and crude oil in Egypt during 2014 to around 40,000 barrels of oil equivalent per day, marking an increase of 8 per cent over the average output in the previous year.
Egypt has signed two new agreements to search for natural gas and oil in the Nile Delta region with UAE’s Dana Gas and a UK firm with investments estimated at a minimum of about $ 97 million, a report said.
The first agreeme
Dana Holding Corporation, a leading automotive product solutions provider, is showcasing its drivetrain technologies and complete service offerings at the ongoing Middle East Concrete 2013 in Dubai.
The exhibition is part of the B
UAE-based energy firm Dana Gas and its key shareholder Crescent Petroleum, have invested nearly $1 billion in the oil and gas sector of Iraqi Kurdistan region till date, according to a senior company official.
"The total cumu
Dubai's index extended gains after a fresh set of second-quarter earnings but investors in the UAE reacted largely to a relief rally in global markets on Friday.
Property stocks, which attracted the most retail attention, led gains wi
Korea National Oil Corporation (KNOC) said it was sticking by its 1.67 billion pound ($2.6 billion) offer for Dana Petroleum after the British oil firm tried to squeeze out a higher bid with an independent valuation.
The state-run Korean c
Gascities Ltd, a joint venture established by Dana Gas and Crescent Petroleum, has reached an agreement with the Yemeni government to study the development of its proprietary Gas City concept in Yemen.
The Gas City concept involves develop
United Arab Emirates-based Dana Gas said on Saturday it had signed an agreement with Kuwait's Ikarus Petroleum to jointly develop gas and petrochemical projects in the Middle East and North Africa.
The initial agreement 'will focus specifi
Bombardier Aerospace has announced that Dana Group of Lagos, Nigeria, has placed orders for a super light Learjet 45 XR aircraft and a new widebody Challenger 605 jet.
The two aircraft are the launch orders for the Dana Group’s newest sub