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Dana Gas receives $44m in dividends from Kurdistan

Sharjah-based Dana Gas received $43.75 million (Dh161 million) in dividends from Kurdistan operations in the first half of 2018. The dividend was paid by Pearl Petroleum Company Limited for the sale of condensate and liquefied petroleum gas (LPG) in the Kurdistan Region of Iraq (KRI) and included a $7 million …

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Dana Gas receives $40m in payments from Egypt

Dana Gas on Monday announced it has received $40 million (Dh146.8 million) in payments from the Egyptian government taking the total receipts to $88.8 million (Dh325.9 million) this year. The company said it will use the cash to proceed with growth initiatives such as drilling Balsam-8 in its development lease …

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