Tag: Dana Gas

Energy, Oil & Gas

Dana Gas, Levidian to develop Sharjah Graphene Park

Dana Gas and Levidian, a British advanced materials company, have signed a memorandum of understanding (MoU) to develop the Sharjah Graphene Park, a UAE-based advanced materials manufacturing and commercialisation initiative....

Energy, Oil & Gas

Dana Gas says all overdue receivables settled by Egypt

Dana Gas, the Middle East’s largest regional private sector natural gas company, has received an additional payment of $20 million from Egypt, with all overdue receivables now fully settled....

Energy, Oil & Gas

Dana Gas boosts dividend by 18pc for 2025

Dana Gas announced shareholder approval of a 6.5 fils ($0.018) per share cash dividend for 2025, marking an 18 per cent increase compared to its 2024 dividend following its Annual General Assembly Meeting. ...

Energy, Oil & Gas

Dana Gas board recommends cash dividend of $105m for 2025

Dana Gas has recommended a 5.5 fils ($1.5) per share dividend for 2025, totalling AED 385m ($105 million), supported by strong cash reserves and improved cash flow after completing the KM250 gas expansion project in Iraq’s Kurdistan Region. ...

Energy, Oil & Gas

Dana Gas reports $130m net profit for FY2025

Dana Gas, the Middle East’s largest regional private sector natural gas company, reported a net profit for the full year 2025 of AED476 million ($130 million) as compared to AED553 million ($151 million) in FY 2024....

Energy, Oil & Gas

Dana Gas, Crescent Petroleum secure Chemchemal gas sales deal

Dana Gas and Crescent Petroleum, with Pearl Petroleum partners, signed long-term gas sales agreements to supply clean natural gas from the Chemchemal field to industrial users in Iraq’s Kurdistan Region. Cement and steel customers will buy up to 142 MMscf/d for 10 years starting 2027....

Energy, Oil & Gas

Dana Gas reaches 70,000 boepd production milestone

Dana Gas, the Middle East’s largest regional private sector natural gas company, today announced that its group production reached 70,000 barrels of oil equivalent per day (boepd) and has been sustained at that level throughout January. ...

Energy, Oil & Gas

Dana Gas receives $50m in Egypt to support ongoing investments

Dana Gas received AED 184 million ($50 million) from Egypt, cutting overdue receivables. The payment supports its drilling programme under a December 2024 consolidation agreement that unified concessions, improved fiscal terms, and added new acreage to encourage investment and exploration....

Energy, Oil & Gas

Dana Gas announces new onshore discovery in Egypt’s Nile Delta

Dana Gas announced a major gas discovery at the North El-Basant 1 well in Egypt’s onshore Nile Delta. Initial results estimate 15–25 bcf of reserves, with production expected to surpass 8 mmscfd once the well is linked to the national gas network....

Energy, Oil & Gas

Dana Gas reports $103m net profit in 9M 2025

Dana Gas, the Middle East’s largest regional private sector natural gas company, recorded a net profit of AED379 million ($103m) in 9M 2025, compared to AED410 million ($112m) in 9M 2024. ...

Energy, Oil & Gas

Dana Gas, Crescent Petroleum boost Khor Mor gas capacity by 50pc

Dana Gas, the Middle East’s leading private sector and publicly-listed natural gas company, and Crescent Petroleum, the region’s private upstream oil and gas company, have announced the start of commercial gas sales from the KM250 gas expansion project (“KM250”) at the Khor Mor facility in the Kurdistan Region of Iraq (KRI)....