Monday 14 July 2014

Dana showcases drivetrain solutions at Big 5

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


Dana, Crescent pump $1bn in Kurdish oil projects

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


Dana lifts Abu Dhabi; Oman's Galfar jumps

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


KNOC stands firm on $2.6bn Dana offer

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


Joint venture signs Gas City deal with Yemen

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


Dana Gas, Ikarus plan joint petro projects

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


Dana places orders with Bombardier

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

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