Newsletter subscribe
Tag: Crescent Petroleum
Cheiron

MEES: Egypt’s independent Cheiron is frontrunner for Dana Gas’ assets

Posted: January 21, 2020 at 3:24 pm   /   Oil & Gas

Egypt’s Cheiron Tipped For Dana Assets: MEES learns that Egyptian independent Cheiron is the frontrunner for UAE-based Dana Gas’ Egypt acreage, which was officially put on sale for $500 million in July last year. Dana’s decision to sell-up was precipitated following the flop of its Merak prospect, located in the country’s Mediterranean offshore, north of […]

No Comments read more

Dana Gas: Egypt owes company $265 million

Posted: April 11, 2017 at 1:36 pm   /   Oil & Gas

Dana Gas announced that the Kurdistan Regional Government (KRG) owes $713 million for investment in the Kurdistan Region, while Egypt owes the company $265 million. Dana Gas CEO Patrick Allman-Ward said during an interview with al-Arabiya channel the KRG and the government of Egypt owe one billion dollars for investments in the countries. The Dana […]

No Comments read more
majid-jafar

Crescent Petroleum sees oil reaching $60 this year on demand

Posted: June 27, 2016 at 8:36 pm   /   Oil & Gas

Crescent Petroleum Co., an oil and natural gas producer in Egypt and Iraq, expects crude prices to improve this year as supply becomes more in line with demand. The U.K.’s decision to leave the European Union won’t have a lasting effect on crude prices and London will remain a center for international oil and gas […]

No Comments read more