Search results for: Dana Gas

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  • 22 October 2012

    Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has announced a new gas discovery in the Nile Delta, Egypt. The discovery was at West Sama-1 in the West El Qantara Concession. This new field discovery comes after the first successful drilling in the Komombo Concession earlier in the […]

  • 16 November 2015

    UAE energy firm Dana Gas reported a net loss of US$9 million for the third quarter of this year, compared to a net profit of US$38 million in the same period in 2014.

  • 11 August 2016

    Dana Gas, the Middle East’s largest private natural gas company on Thursday posted a flat second-quarter profit. The UAE-based firm reported a net profit of $7 million in the second quarter, the same as compared to the corresponding period year ago. Revenue was down to $96 million, as compared to $116 million in the second […]

  • 20 July 2017
    Business & Finance, Equipment

    United Arab Emirates-based natural gas company, Dana Gas, has decided to use AGR software for deep water exploration in Egypt. AGR said on Wednesday that the company’s software team signed a software as a service contract with Dana Gas PJSC to supply the latest version of its P1 software. According to the software company, the […]

  • 2 June 2015

    Dana Gas said it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt, which was awarded to BP and Dana in the EGAS 2014 International Bid Round.

  • 2 June 2015

    Dana Gas said it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt, which was awarded to BP and Dana in the EGAS 2014 International Bid Round.

  • 20 February 2011

      Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has confirmed that its operations were not affected during the recent turmoil in Egypt, with production and output levels sustained during the turbulence. Dana Gas’ operations are located in the Nile Delta and Southern Egypt far from the urban […]

  • 2 March 2016
    Project & Tenders

    Middle Eastern natural gas company, Dana Gas, started sales gas production from the Zora Gas Field, offshore UAE, on February 28, 2016.  According to Dana Gas, initial project startup was achieved on January 14, 2016 with early gas supplies being intermittent as the gas plant was being fully commissioned. Subsequently, sales production was delayed due […]

  • 19 July 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    AGR has signed a SaaS (software as a service) contract with Dana Gas PJSC to supply its latest version of P1 software. AGR’s P1 software is said to help improve the accuracy of well time and cost modeling and can be applied for all drilling and well related operations, including completions and interventions. P1 is […]

  • 18 November 2013
    Business & Finance

    Dana Gas, the Middle East’s leading regional private sector natural gas company, announced yesterday that Adyard Abu Dhabi, a subsidiary of Interserve plc, has been awarded a $17 million contract for the fabrication of an offshore platform for the Zora Field Development Project which spans the territorial waters of Sharjah and Ajman, UAE. The platform […]

  • 18 February 2014

    Dana Gas said that it has signed an agreement 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 part of a competitive bidding process. This is the company’s first offshore block in Egypt, covering water depths from 20 up […]

  • 24 October 2011

    Dana Gas, the Middle East’s first and largest regional private sector Natural Gas Company has participated at The World Economic Forum (WEF), which opened on the 21st of October in Jordan. The focus of this year’s forum was on economic growth and job-creation in the Arab World, in light of the challenges related to resource […]

  • 5 March 2013

    Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, has announced the West Sama-1 and Allium-1 fields in Egypt have commenced commercial production, less than 2 months after initial well testing was conducted. These new fields are among the three discoveries made by Dana Gas in Egypt’s Nile Delta […]

  • 5 May 2015

    Dana Gas reported a net profit of $12 million for the first quarter ended 31 March 2015, down on $45 million in the same quarter last year.

  • 25 December 2013

    Egyptian Government authorities paid AED 194 million (US$ 53 million), from the current total outstanding receivables of AED 1,210 million (US$ 330 million), to Dana Gas. Payment of $ 42 million has been received in US dollars and the balance in equivalent Egyptian pounds. Including this tranche, during 2013, Dana Gas has received a total […]

  • 5 May 2015

    Dana Gas reported a net profit of $12 million for the first quarter ended 31 March 2015, down on $45 million in the same quarter last year.

  • 2 March 2016
    Operations & Maintenance

    Dana Gas has started the sales gas production from the Zora Gas Field, located in the Sharjah Western Offshore Concession. Subsequently sales production was delayed due to urgent maintenance work on gas supply infrastructure at the customer’s receiving facilities. The Zora Gas Field is located approximately 35 kilometers off the coasts of Sharjah and Ajman in the […]

  • 22 November 2012

    Dana Gas the Middle East’s first and largest regional and private-sector natural gas company has signed a set of agreements with the Sharjah and Ajman Governments to jointly develop the shared field located around 40 kilometers off the two coasts. These included a unitization agreement for management of the shared field, gas sales and purchase […]

  • 9 July 2013

    Dana Gas, the Middle East’s leading publicly-listed natural gas company, has announced the appointment of Patrick Allman-Ward as the new Group CEO for the company with effect from 01 September. The company, which is listed on the Abu Dhabi Exchange (ADX) and recently announced the successful re-financing of its US$1 billion sukuk, conducted an extensive […]

  • 30 June 2013

    Dana Gas PJSC, the Middle East’s first and largest regional private sector natural gas company, announced a new gas discovery on the West El Manzala concession in the Nile Delta, Egypt. The Begonia-1 discovery well encountered 15 m of net pay in a good quality sandstone reservoir of the Lower Abu Madi Formation. On test […]

  • 14 January 2013

    Dana Gas PJSC, the Middle East’s largest private sector natural gas company, provided an operational update on its Egyptian Bahrain Gas Derivatives Company “EBGDCo” Natural Gas Liquids (NGL) extraction plant at Ras Shukheir, Egypt. The plant began operating commercially on 1 October 2012.  In its first 3 months, the plant has processed a combined 12,340 […]

  • 6 August 2014
    Project & Tenders

    Zora gas field development project, located 33 kilometres from the UAE coast line, is progressing well, Dana Gas has said today in its quarterly report. The company said it has awarded most of the contracts for the load out and installation of platform and topsides, the construction of the onshore gas plant, offshore pipeline installation and line […]