Dana Gas

Search by Popular Categories


  • Consumer

  • Commercial

  • Construction

  • Industrial

  • Oil & Gas

Dana Gas

Contact Form




Key Contacts

PRODUCT & SERVICES

AbuDhabi's Goldilocks Fund buys 5pc stake in Dana Gas

June 19, 2017

In a strategic move UAE-based Goldilocks Investment Company said it has acquired a five per cent stake in the Abu Dhabi listed-natural energy company Dana Gas. Goldilocks fund is an Abu Dhabi Global M... View more

Dana Gas gets $50m partial payment from Egypt

May 20, 2017

Dana Gas the Middle East s largest regional natural gas company said it has received an initial payment of 50 million from the Egyptian government as partial payment of its outstanding receivables. Th... View more

Dana Gas net profit soars 83pc in Q1

May 11, 2017

Dana Gas the Middle East s largest regional natural gas company has posted a net profit of 11 million for the first quarter (Q1) of the year as against 6 million during Q1 2016 marking an increase of ... View more

Dana Gas makes first international condensate sale in Egypt

April 26, 2017

Dana Gas the Middle East s largest regional natural gas company has achieved an important milestone with the first international sale of condensate in Egypt under the gas production enhancement agreem... View more

Dana Gas freezes Egypt investments

February 13, 2017

Dana Gas will not make new investments in Egypt because of delays in obtaining payments owed to it there the chief executive of the United Arab Emirates company said. Political and economic turbulence... View more

Favourable ruling on Iran deal: Dana Gas

August 14, 2014

UAE-based energy firm Dana Gas said an international tribunal had issued a favourable ruling in the dispute over a natural gas supply contract between its affiliate Crescent Petroleum and Iran. The tr... View more

Dana Gas Q2 net jumps 70pc on higher output

August 7, 2014

Dana Gas the UAE energy firm said that its second-quarter net profit jumped 70 per cent as production across the group rose. Dana made a net profit of Dh169 million ( 46.0 million) the company said in... View more

Dana Gas wins right to some payments

July 20, 2014

Dana Gas one of the largest oil and gas investors in Iraq s semi-autonomous Kurdish region said that an arbitration tribunal had awarded it the right to receive some outstanding payments from the Kurd... View more

Dana Gas output hits 2-year high in Egypt

September 1, 2013

UAE-based Dana Gas a leading regional sector natural gas company has achieved gas production level in Egypt of 200 million standard cubic feet per day (mscfd) the highest level for the company in the ... View more

Dana Gas, Crescent restore Kurdistan LPG facilities

August 22, 2013

DANA Gas and Crescent Petroleum joint operators of the KorMor LPG plant in the Kurdistan region of Iraq have completed a 15 million reconstruction and upgrade to the loading and sendout areas of the p... View more

SPC-Dana Gas – Zora Gas Field

July 21, 2013

Project name : SPC/Dana Gas Zora Gas Field Name of client : Dana Gas Sharjah Petroleum Council Budget : 70 million Main contractor : Crescent Petroleum Company Facility type : Gas Exploration Status :... View more

Dana Gas collects $73m from Egypt, Kurdistan

April 4, 2013

Dana Gas a leading regional private sector natural gas company has collected a total of 73.7 million in receivables in the Kurdistan region of Iraq and Egypt marking a significant so far this year. Th... View more

Dana Gas makes new gas discoveries in Egypt

January 3, 2013

Dana Gas the Middle East s first and largest regional private sector natural gas company has made two new onshore gas discoveries in the Nile Delta Basin of Egypt. Initial estimates indicate that toge... View more

SPC-Dana Gas – Zora Gas Field

November 22, 2012

Project name : SPC/Dana Gas Zora Gas Field Name of client : Dana Gas Sharjah Petroleum Council Budget : 70 million Main contractor : Crescent Petroleum Company Facility type : Gas Exploration Status :... View more

Dana Gas says reaches deal on $1bn sukuk

November 8, 2012

Dana Gas Co the first UAE company to fail to meet a bond redemption said it had reached a restructuring deal in principle to repay a 1 billion sukuk potentially averting seizure of its assets. Natural... View more

Dana Gas Q1 profit more than doubles on high prices

May 21, 2012

Dana Gas which is facing a 1 billion Islamic bond maturity in October said that quarterly profit more than doubled helped by high oil prices and increased production in Iraq s Kurdistan region. The Ab... View more

Dana Gas reports Q4 profit jump on higher production

February 2, 2012

Dana Gas which faces a 1 billion sukuk maturity in October reported sharply higher fourth-quarter and yearly profits buoyed by an increase in production and higher oil prices. Abu Dhabi-listed Dana wh... View more

Dana Gas calls for investment in region’s gas resources

October 30, 2011

DANA Gas CEO Ahmed Al Arbeed has emphasised the importance of better management of the Middle East region s gas resources for greater prosperity. The head of the Middle East s largest regional private... View more

Dana Gas output in Egypt surges 20pc in 2010

January 9, 2011

Dana Gas said its production in Egypt increased 20 per cent in 2010 helped by output from seven new fields in the Nile Delta. Production hit 42 000 barrels of oil equivalent per day (boepd) in 2010 an... View more

Dana Gas announces a new oil discovery in Egypt’s Baraka

August 26, 2010

DANA Gas the Middle East s first and largest regional private sector natural gas company has announced that the Al Baraka-4 well drilled as an appraisal of the Al Baraka Field in the Komombo Concessio... View more

Dana Gas posts $8.9m profit as output rises

August 16, 2010

UAE-based Dana Gas posted a net profit of 33 million dirhams ( 8.98 million) in the second quarter as its Egypt and Kurdistan operations delivered high output but the results fell short of analysts es... View more

Dana makes two new gas discoveries in Egypt

March 15, 2010

United Arab Emirates Dana Gas made two new gas discoveries in Egypt the company said in a statement. Abu Dhabi-listed Dana Gas moved into the Egyptian upstream sector in November 2006 when it became t... View more

Dana gas plans to continue growing

February 22, 2010

DANA Gas has come through the global financial crisis in an even stronger financial position and will end 2009 with a robust balance sheet including cash of more than Dh700 million ( 190.63 million) p... View more

Dana Gas discovers 86 bcf gas in Egypt

October 26, 2009

DANA Gas the Middle East s first and largest regional private sector natural gas company has announced two more significant gas discoveries Faraskur-1 and Marzouk-2 in one of its concessions in the Eg... View more

Dana, Crescent to build $60bn gas city in Iraq

October 19, 2009

UAE firms Dana Gas and Crescent Oil are looking to build a gas city in Iraq s western province of Anbar that they hope would draw 60 billion in investment said Province Governor Qassim Al-Fahdawi. The... View more

Dana Gas adds 75 bcf to Egypt reserves with latest finds

August 31, 2009

Dana Gas the Middle East s first and largest private sector natural gas company has announced two more gas discoveries at its concessions in the Egyptian Nile Delta: Sharabas-1 and Sama-1. These are t... View more

Dana Gas unveils Egypt gas, condensate find

January 18, 2009

UAE-based Dana Gas said it had made a gas and condensate discovery in Egypt that would potentially double its gas reserves in the North African country. The discovery was made at the Salma-1 well loca... View more

Dana Gas board approves five-year growth plan

November 30, 2008

Dana Gas board of directors has approved a five-year growth plan for the company on the heels of new discoveries in its Egyptian concessions and a 50 per cent increase in operated gas production in Eg... View more

Dana Gas selected for Standard & Poor’s Shariah Indices

September 28, 2008

Dana Gas the Middle East s first and largest regional private-sector natural gas company has confirmed that it has been approved by the Shariah board of Standard & Poor s and has achieved the required... View more

Dana Gas, Crescent join hands to form Kurdistan Gas City

August 24, 2008

GAS Cities a joint venture between Dana Gas and its partner Crescent Petroleum has announced establishment of the 461 million sq ft site for the Kurdistan Gas City. The site has been officially assign... View more

Dana, Emarat complete Hamriyah gas pipeline

June 30, 2008

DANA Gas the Middle East s first and largest regional private-sector natural gas company and Emirates General Petroleum Corporation (Emarat) have announced the completion and inauguration of the Middl... View more

Dana Gas to invest over $500 million

May 25, 2008

DANA Gas the Middle East s first and largest regional private-sector natural gas company has announced investments of over 500 million this year in the company s projects in Northern Iraq Egypt and th... View more

Dana Gas profit up 19 per cent

May 25, 2008

UAE-based Dana Gas says its first-quarter net profit rose to 25 million dirhams ( 6.81 million) up 19 per cent from the year-ago period helped by record oil prices. The company s revenues from oil and... View more

Dana Gas on an upswing

March 27, 2008

DANA GAS the Middle East s private-sector natural gas company recently announced an agreement for the exploration and development of the western offshore concession in Sharjah UAE. The deal marks Dana... View more

Dana Gas and Emarat sign Hamriyah JV

March 27, 2008

DANA GAS and Emirates General Petroleum Corporation (Emarat) have agreed to form a joint venture to own manage and operate the Middle East first common user gas pipeline called the Hamriyah gas pipeli... View more

Dana Gas signs agreement with Ikarus Petroleum

March 2, 2008

DANA Gas the Middle East s first and largest regional private-sector natural gas company has signed an Memorandum of Understanding (MoU) with Ikarus Petroleum Industries a major Kuwaiti established co... View more

Dana Gas delegation meets Algerian officials to discuss investments

March 2, 2008

THE United Arab Emirates-based Dana Gas announced its successful participation in the 3rd Algerian Economic Forum which was held in Algiers on January 20 to 21 2008 under the patronage of Abdul Aziz B... View more

Al-Arbeed moves into Dana Gas as executive director

January 24, 2008

DANA Gas has announced that Ahmed Rashid Al-Arbeed former chairman and managing director of Kuwait Oil Company (KOC) has joined the management team of Dana Gas as executive director upstream. Al-Arbee... View more

Dana Gas unveils new discoveries

December 30, 2007

Dana Gas has announced the discovery of a new gas well drilled in its Egyptian concessions adding a further new well to what were already considered important earlier discoveries by the company in Egy... View more

Dana Gas to boost Egypt investments

November 25, 2007

Dana Gas is planning to increase its investments in Egypt said its executive chairman Hamid Dhiya Jafar. Jafar s remarks followed his recent meeting with Egyptian Prime Minister Dr Ahmed Nazif. During... View more

Dana Gas to boost Egyptian projects

November 25, 2007

Dana Gas is studying the possibilities of launching new projects in Egypt its executive chairman Hamid Dhiya Jafar announced. He also recently briefed Egyptian Prime Minister Dr Ahmed Nazif on the com... View more

Dana Gas raises bond sale to $1bn

October 28, 2007

Dana Gas the Middle East s first regional private-sector natural gas company said its Convertible Sukuk Offering launched this month has been further increased by 125 million to 1 billion. This is the... View more

Dana Gas sells $875m bonds

October 16, 2007

UAE-based energy company Dana Gas said it sold 875 million of five-year Islamic bonds convertible to shares after delaying the sale and reducing its size because of turmoil in credit markets. The comp... View more

Dana Gas upbeat as Egyptian investments yield results

September 23, 2007

Dana Gas recently made the first discovery of crude oil in the far south of Egypt. Canada s Centurion International which was bought by Dana Gas last year discovered a field that could contain eight m... View more

Dana Gas posts profit on Egyptian output

August 23, 2007

Dana Gas the Middle East s first privately owned natural-gas production company posted its second consecutive operating profit in the second quarter on revenue from Egyptian operations. Income in the ... View more

Dana gas delays pricing of sukuk

August 5, 2007

UAE-based Dana Gas has postponed pricing its 1 billion convertible Islamic bond until September due to global credit market weakness the company said in a statement. Dana is the latest company in the ... View more

Dana Gas inks Kurdish pact

April 19, 2007

The UAE s Dana Gas has signed an agreement with Iraq s Kurdish regional government (KRG) to evaluate development of the region s gas reserves the company said in a statement. The deal may eventually l... View more

Dana Gas names key official

April 3, 2007

Dana Gas the Middle East s first regional private-sector natural gas company has announced the appointment of a new general manager to its Saudi Arabian office in the city of Al Khobar. Salah Abdulrah... View more

Dana Gas is a truly regional company

March 25, 2007

There is universal agreement that natural gas will be the defining energy source of the 21st Century not only as the natural progression of fossil fuels after coal and then oil but also most likely as... View more

Profits boost for Dana Gas

February 4, 2007

Sharjah-based Dana Gas the UAE s largest energy company by market value said its 2006 profits consisted entirely of investment income and money made from an initial public offering in 2005. The compan... View more

Dana Gas forges IGU links

January 3, 2007

Dana Gas the Middle East s first regional private-sector natural gas company has joined the International Gas Union (IGU). Membership of the organisation comes as the company has been expanding its sc... View more

Dana Gas opens new Saudi office

December 3, 2006

Dana Gas has officially inaugurated its new office in the Saudi Arabian city of Al Khobar. The ceremony was attended by the executive chairman and several board members of the company in addition to m... View more

Brands

Clients