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Tuesday, 24 November 2009 00:29 UAE time

YOUR DIRECTORY /

Dana Gas

Main Category: Oil and Gas Production
First Address : 2011
Second Address : Crescent Tower, Buheira Street
City : Sharjah
Country : United Arab Emirates
Phone: 971 6 5569444
Fax: 971 6 5566522
Email: mail@danagas.ae
Website: www.danagas.ae


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ALL STORIES LIST


UAE's Dana Gas posts 64% higher Q3 gross profit

Natural gas firm records AED359m ($97.74m) revenues in Q3, which is up 12%.

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UAE's Dana, Crescent plan $60bn gas city in Iraq

Firms have costed development of Akkas field, from where gas could be taken, at $8bn.

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Dana Gas announces two new gas finds in Egypt

UAE-based firm says new finds have reserves totalling an estimated 86 billion cubic feet.

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Dana, Crescent to build Yemen "gas city"

UAE firms' project could lead to $15-20 billion of investment over 25-30 years.

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Dana Gas Q2 profit surges on Kurdish Iraq ops

UAE firm posts  a Q2 net profit of AED392m ($106.7m); more than 11-fold YoY rise.

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Dana Gas confirms more finds

Sharjah-based explorer's latest gas discoveries add to reserves in Egypt's Nile Delta region.

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Dana Gas Sondos field 'exceeding expectations'

Project's schedule fast-tracked by tying two wells into the existing gas pipeline.

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Dana Gas to proceed with Kurdistan deal

Decision by Sharjah-based exploration company comes despite rejection of deal by Baghdad gov't.

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Kurdistan could be 'transforming' for Dana Gas - analysts

Company could be a major player if Kurdish-European gas deal is realised.

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Saudi market closes at highest level in 6 months

UPDATE 9: Abu Dhabi bourse bolstered by 6.38% rise in Dana Gas.

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Iraq rejects Kurdish pipeline plan

Western-backed project dealt blow as any deals must go through Iraq's federal Ministry of Oil, says Baghdad.

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Abu Dhabi market closes higher thanks to Dana Gas deal

UPDATE 6: Oman, Saudi, Qatar, Bahrain all close higher at end of Monday trading.

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Russians dismiss Dana Gas deal

Consortium, including Crescent and Dana Gas, intends pumping gas from Kurdistan through to Europe.

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UAE firms to pump gas from Kurdistan for EU pipeline

Consortium of UAE, European firms will pump enough gas for Nabucco project.

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Most Arab markets edge lower after sharp Saudi decline

UPDATE 7: Dubai, Abu Dhabi fell around 1%, led lower by banks and property.

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Dana Gas slips to AED32m Q1 loss

Loss for Sharjah-based operator reflects finance and tax charges, coupled with lower energy prices.

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Dana Gas starts Egypt field production

Sharjah-based firms starts operations at recent Al Basant discovery in Nile Delta.

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Dana Gas makes 'significant' gas discovery in Egypt

The discovery is the fifth consecutive discovery by the company in Egypt.

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Crescent disputes changed Iran gas deal terms

Gulf state wants UAE's Crescent Petroleum to alter gas delivery modes, besides price.

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Pumped up

Dana Gas boss Hamid Jafar explains why his company is set to weather the financial storm and emerge stronger than ever.

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UAE's Dana Gas posts 10% lower Q4 net profit

UPDATE 1: Sharjah-based company earns $9.53m Q4 net profit.

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Dana Gas moves ahead with Sharjah exploration

Company says its plans for work on a 1,000 sq km concession in UAE are going ahead.

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Dana Gas finds more gas, condensate in Egypt

UAE-based company's gas discovery will add over 200 billion cubic feet to its reserves.

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Dana Gas eyes 76% production boost despite slowdown

UAE-based producer says it has ambitious expansions plans in pipeline for 2009.

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Dana Gas finds new hydrocarbon reserve in Egypt

Sharjah-based firm says latest discovery is part of successful year amid global crisis.

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Dana Gas profit climbs 18%

UPDATE 1: Abu Dhabi firm sees Q3 net income increase to $7.08mn, coming in line with analyst forecasts.

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Crescent, Dana reveal plans to set up 'gas cities'

Joint venture eyes large-scale projects in Middle East, North Africa.

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Sharjah's Dana makes third Egyptian gas discovery

UAE-based company announces gas and condensate find in Qawasim formation.

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Iraq project steams ahead in record time

Dana and Crescent start production, processing and transport.

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Crescent begins gas production in Iraq's Kurdish region

First phase of 2007 deal with Kurdistan regional gov't now producing 75mn cubic feet/day.

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Dana Gas posts 17% rise in Q2 profits

Middle East's largest natural gas firm also announces 28 percent spike in revenues, expansion plans.

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Crescent to supply gas to Iraq's Kurds

Crescent Petroleum and affiliate Dana Gas to begin supplying natural gas in Iraq's Kurdish region.

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Iran-UAE gas deal 'will be finalised'

Crescent Petroleum remains optimistic over long-running negotiations for importing natural gas.

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Abu Dhabi bourse trebles trading performance

Stable and sustainable market helps ADX to achieve huge growth in trading.

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Dana Gas announces Egypt oil find

UAE-based firm confirms media report about its first find in North African country this year.

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Crescent to import Iran gas in 3 months

UAE's Crescent Petroleum to start importing gas from Iran's offshore Salman Field in Sept.

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Dana Gas investment to top $500mn this year

UAE-based energy firm working on projects in Northern Iraq, Egypt and UAE.

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Record oil prices lift Dana Gas profit

UAE firm posts first-quarter net profit of $6.81mn for oil and gas production, up 19% from 2007.

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Abu Dhabi bourse plans Asia roadshow

Some of emirate's biggest listed companies to accompany stock market on public relations drive.

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Dana Gas to drill 19 wells in Egypt in 2008

The UAE'S natural gas company, Dana Gas recently announced an exploration and development program, which will involve the drilling of 19 new wells in Egypt during 2008.

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Dana Gas to drill 19 new wells in Egypt

Company says 'aggressive' exploration plan could potentially double the size of its reserves.

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UAE Dana Gas to pay no dividends

Abu Dhabi-listed gas company eyes investments instead of payouts from its 2007 earnings.

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UAE talks trade with Iran

Sheikh Mohammed meets Iranian President to discuss economic ties during landmark visit to Tehran.

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Dana Gas to invest $500mn in Egypt, Iraq

Sharjah-based firm looking to boost output of natural gas, eyeing entry into Algeria.

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Rich reservoir

Fast development of Egypt's natural gas reserves will help offset its declining oil production levels.

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Dana Gas signs up to emissions trading scheme

Dubai Multi Commodities Centre (DMCC) and EcoSecurities have formed a strategic alliance agreement with Dana Gas and Crescent Petroleum of Sharjah, to develop emissions reduction projects in the oil and gas sector, under the Kyoto Protocol's Clean Development Mechanism (CDM).

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Iran signals end to two-year gas dispute

NIOC to start supplying natural gas to UAE-based Crescent Petroleum by September next year.

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Dana bumps up sukuk size a second time

UAE energy firm ups size of Islamic bond sale to $1bn to take advantage of demand.

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Dana sells $875mn of Islamic bonds

UAE energy firm delayed sale in July after defaults on US home loans triggered a global credit crisis.

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Dana discovers oil in South Egypt

UAE-based energy firms finds oil field in far south of Egypt, could contain eight million barrels of crude.

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Middle East survives credit crunch

Global crisis has minimal effect on regional liquidity.

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Dana Gas profit drops 40%

Sharjah-based gas producer's acquisition of Canadian firm Centurion eats into second quarter income.

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Dana’s second North Africa gas find

Dana Gas has discovered a second natural gas supply in Egypt, just months after its first, Arabian Business can reveal.

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Prime concerns

The impact of volatile global credit markets has hit the Middle East, so how has the Gulf been affected?

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Dana discovers gas in Egypt

UAE-based Dana Gas says it will pump 16.5 million cubic feet of gas per day, production to start in November.

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Dana Gas ties with Abraaj for joint acquisitions

The two companies join forces to invest in natural gas projects in the Menasa region.

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TAQA talks up plans for spending

Abu Dhabi National Energy (TAQA) is on the hunt for more investment funding.

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Dana finds rich harvest in Egypt

Gas activity, new wells and joint ventures are expanding Dana Gas interests in Egypt.

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Citi, Barclays to manage $1bn Dana bond

The UAE's Dana Gas has appointed the banking heavyweights in a sukuk sale.

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Dana Gas completes Bahraini acquisition

UAE company buys 66% stake in Danagaz Bahrain, which will build a liquids plant in Egypt.

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Dana makes gas discovery in Egypt

Shares hit a seven-month high on news of the find by the Abu-Dhabi listed company.

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Dana Gas to issue $1bn sukuk

Abu Dhabi's natural gas company looks to issue an Islamic bond to fund expansion.

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Dana, APICORP joint gas deals

The two companies agree to invest in natural gas projects as they expand operations.

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Dana Gas keeps Abu Dhabi up

Positive report about Iranian gas supplies boosts Dana stock.

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Dana Gas profit falls to $5.72m

The UAE-based company hopes to expand in Egypt, northern Iraq, the UAE and other countries.

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Iran's 'ultimatum' to UAE energy company

The country threatens to find other uses for the gas it planned to sell to UAE's Crescent Petroleum.

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Dana Gas: Kurdistan deal is 'good'

But the Iraq deal is under scrutiny following a ruling by the central government.

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Gas growth in Egypt

Currently the world’s sixth largest LNG producer, Egypt is looking increasingly to its gas supplies.

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UAE's Dana Gas to drill in Egypt

Deal with Kuwait's KIOEC is for joint exploratory oil and gas drilling.

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Egypt is the doorway to Europe

Currently the world's sixth largest LNG producer, Egypt is looking increasingly to its gas supplies as its oil wealth dries up.

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Dana Gas signs northern Iraq deal

Agreement with the Kurdish regional government could see the development of local gas reserves.

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Arab world needs 100m new jobs

The private sector needs to step up job-creation in the next 20 years.

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Iran yet to finish UAE gas pipeline

A pipeline linking the Salman gas field with the UAE is already nine months late.

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Dana Gas subsidiary Centurion Energy set to drill 15 new wells in Egypt

Centurion Energy, a subsidiary of Dana Gas, will carry out a drilling programme for fifteen wells in Egypt during 2007.

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Centurion to drill 15 new wells

The Dana Gas subsidiary, Centurion Energy, will drill 15 wells in Egypt this year.

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Centurion sale completed

Calgary-based Centurion Energy's sale to Dana Gas has been approved by its shareholders

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Dana Gas builds momentum in first year of operations

New projects, regional expansion and potential acquisitions have got Dana Gas off to a steady start

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Dana invests in Egyptian gas

New joint venture, Danagaz Bahrain, and Egyptian Natural Gas Holding to build gas liquids plant in Gulf of Suez

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