Search results for "dana gas"

Khor Mor Field (Dana Gas)

Dana Gas to Spin Off Iraq Assets?

By John Lee. UAE-based Dana Gas is reported to be considering spinning off its upstream business, which would include its 35-percent stake in Pearl Petroleum, which owns the righs to the Khor Mor (pictured) and Chemchemal fields in the Kurdistan Region of Iraq (KRI). TradeArabia quotes Hamid Jafar, Chairman of Dana Gas, as saying: "We […]

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Patrick Allman-Ward, CEO, Dana Gas

Dana Gas Kurdistan Revenues up 74%

Dana Gas has announced that its share of Pearl Petroleum's collections from the sale of condensate, LPG and gas in the Kurdistan Region of Iraq (KRI) rose 74 percent in the first half of 2019. The company, which owns a 35 percent stake in Pearl Petroleum, saw its share of the collections increase to $80.0 […]

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Khor Mor Field (Dana Gas)

Dana Gas announces Increased Reserves in Iraq

Dana Gas has announced that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company's Khor Mor (pictured) and Chemchemal fields in the Kurdistan Region of Iraq (KRI) have increased by 10 percent following the recent certification of reserves by Gaffney Cline Associates ('GCA'). 2P Reserves Upgrade The independently audited report, […]

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Khor Mor LPG plant (Dana Gas)

Dana Gas Doubles Sales in Iraqi Kurdistan

By John Lee. Sharjah-based Dana Gas has announces that during Q1 2019, Pearl Petroleum has received $112 million (AED 411mm) from the sale of condensate, LPG and gas in the Kurdistan Region of Iraq (KRI). Dana Gas is a 35% shareholder in Pearl Petroleum and accordingly, its share of such receipts by Pearl Petroleum is […]

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Khor Mor Field (Dana Gas)

Dana Gas Boosts Production in Kurdistan

By John Lee. Sharjah-based Dana Gas has announced that its average production for Q1 2019 has increased by 6% year-on-year to 68,700 boepd from 65,000 boepd in Q1 2018. The first quarter production increase was led by the Kurdistan Region of Iraq (KRI), which leapt to 32,750 boepd in Q1 2019 from 26,300 boepd in […]

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Khor Mor LPG plant (Dana Gas)

Dana Gas Increases Production in Iraq

Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announces that as a result of the ramp up of production from its debottlenecking project in the Kurdistan region of Iraq, its group production reached 70,000 barrels of oil per day (boepd) on the 19 November and has since been sustained above […]

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Crescent Petroleum, Dana Gas support AMAR IDP Clinics

Crescent Petroleum and Dana Gas deliver vital support to AMAR IDP clinics As Iraq’s security conditions have improved, international donors have turned their attention to other troubled parts of the world, leaving many IDP camps in the country on the brink of closure. Thanks to the continued support of Crescent Petroleum and Dana Gas, however, […]

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Khor Mor LPG plant (Dana Gas)

Dana Gas gets $44m from KRG in 1H

By John Lee. Dana Gas has said it has received $43.8 million in dividends from Pearl Petroleum Company Limited for condensate and LPG sales in the Kurdistan Region of Iraq (KRI) in the first half of 2018, including a $7 million payment for the month of June. The company added that the capacity to process […]

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Crescent Petroleum, Dana Gas support Healthcare Centre for IDPs

By Robert Cole, AMAR Foundation. Crescent Petroleum, one of the Middle East’s oldest and largest upstream oil companies, and Dana Gas, one of the largest private sector natural gas companies in the region, have joined forces to fund the running costs of a healthcare centre and vocational training centre for displaced people in the Kurdistan […]

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KRG hits back at Dana Gas

The Kurdistan Regional Government (KRG) issued a statement regarding the partial ruling on the allocation of costs from the tribunal in the ongoing arbitration between the KRG and Dana Gas PJSC, Crescent Petroleum Company International Limited and Pearl Petroleum Company Limited (collectively “the Claimants”): The arbitration is subject to duties of confidentiality under the applicable […]

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Dana Gas Consortium wins Payment in KRG Dispute

By John Lee. The London Court of International Arbitration ("Tribunal") yesterday released its First Partial Final Costs Award, dated 17 July 2017 in the Arbitration between Peal Petroleum Company Limited, Dana Gas PJSC and Crescent Petroleum Company International Limited (the "Consortium") –v- The Kurdistan Regional Government of Iraq ("KRG"). The Tribunal ordered the KRG: to […]

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