By Lucas Vane, for Silent Dossier. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Khor Mor Gas Field Drone Attack: Why Kurdistan Lost Power The Khor Mor gas field drone attack on November 8 halted production and cut up to 2,800 megawatts from Iraqi […]
From Rudaw. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq Forms Joint Committee to Investigate Khor Mor Gas Field Attack Iraqi Prime Minister and Commander-in-Chief of the Armed Forces Ali al-Zaidi has ordered the formation of a joint committee with authorities in the […]
From Dana Gas: Dana Gas and Crescent Petroleum announce successful US$500 million bond placement by Pearl Petroleum Dana Gas PJSC and Crescent Petroleum, joint operators of the Pearl Petroleum Consortium [has] announced the successful placement of a US$500 million senior secured bond by Pearl Petroleum Company Limited, at a fixed coupon of 10.375% per annum, […]
By John Lee. Dana Gas has reported a net profit of AED 393 million ($107 million) for H1 2026, a 47% year-on-year increase. Regarding operation in the Kurdistan Region of Iraq (KRI), the company said: "Khor Mor began the year at record production levels, with output exceeding 700 MMscf/d and Group production reaching 70 kboepd. […]
By Dr Kamran Yeganegi, for Middle East Monitor, under a Creative Commons licence. Any opinions expressed are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The Strategic Value of Kurdish Gas for Europe's Energy Security Europe's Energy Challenge is Far From Over Europe has made significant progress in […]
By John Lee. Dana Gas has reported a net profit of AED 270 million ($74 million) for Q1 2026, a 72% year-on-year increase. Regarding operation in the Kurdistan Region of Iraq (KRI), the company said: "Following the completion of the KM250 expansion, the Company successfully demonstrated enhanced system capacity, with gas production exceeding 700 MMscf/d […]
By John Lee. Dana Gas has announced accelerated development at Kurdistan's Khor Mor and Chemchemal fields. Full statement from Dana Gas Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, together with their partners in the […]
Dana Gas and its partner, Crescent Petroleum, have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million cubic feet of gas per day (MMscf/d) at the end of 2021. The production milestone is the culmination of numerous process improvements at the Khor Mor gas plant, including […]
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 […]
Dana Gas PJSC, the Middle East's largest regional private sector natural gas company, announced that in the first nine months of 2019 collections in Egypt, the UAE and from its share of Pearl Petroleum Company Limited's sales in the Kurdistan Region of Iraq (KRI), increased 16.7% year on year to $230 million (AED 844m). Dana […]
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, […]
By John Lee. Pearl Petroleum is reportedly planning to raise additional funding for its drilling and development in Iraqi Kurdistan, According to Reuters, Patrick Allman-Ward, the chief executive of Dana Gas, which is the majority owner of Pearl Petroleum, told reporters that the funding will "comprise a mix of bank debt, a bond, Exim bank […]
