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Tag: Dana Gas
eni

Eni CEO doesn’t rule out interest in Dana Gas Egypt assets, but not a priority

Posted: November 12, 2019 at 4:00 pm   /   Oil & Gas

Eni’s chief executive does not rule out a possible interest for the Egyptian assets of Dana Gas but says any potential bid is unlikely since the Italian major already has a lot of resources in the area. Earlier this year United Arab Emirates’ Dana Gas hired an adviser for the possible sale of its assets […]

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Eni CEO

Eni is not interested in acquiring Dana Gas Egypt portfolio of assets

Posted: November 12, 2019 at 12:30 pm   /   Oil & Gas

Italy’s Eni is not looking to acquire the Dana Gas’ portfolio of assets in Egypt, Eni CEO Claudio Descalzi tells Bloomberg TV. Descalzi stressed that Eni is satisfied with its portfolio for the time being and plans to focus on developing current assets before biting off more. Dana Gas had received offers for buying its […]

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Vantage

ADES International wins its second deepwater drilling contract in Egypt

Posted: October 11, 2019 at 2:29 pm   /   Oil & Gas

ADES International Holding has secured a deep-water drilling contract in the Egyptian Mediterranean area. ADES confirmed the contract award on Friday with an unnamed “top tier international oil company”. Award to be sub-contracted out to company’s joint venture with Vantage Drilling. The company said it would provide the work via Vantage Drilling’s Tungsten Explorer. The […]

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Dana Gas

Dana Gas considers multiple scenarios for sale of Egypt assets

Posted: September 15, 2019 at 1:20 pm   /   Oil & Gas

Dana Gas considers multiple scenarios for sale of Egypt assets, will decide in November: Dana Gas is considering offloading remaining arrears owed to it by the Egyptian state on to whoever ends up buying its Egyptian assets, CEO Patrick Allman-Ward told the UAE’s Al-Ittihad newspaper on Wednesday. Speaking on the sidelines of the World Energy […]

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Dana Gas

Dana Gas receives offers for its $500 million Egypt portfolio of assets

Posted: September 12, 2019 at 7:04 pm   /   Oil & Gas

The UAE’s Dana Gas has received offers from companies interested in buying its USD 500 million Egypt portfolio, the company’s head of investor relations Mohammed Mubaideen told Mubasher. The company could potentially sell all of its assets in Egypt, depending on the offers it receives, Mubaideen said, adding that the deadline to receive offers is […]

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Dana Gas

UAE’s Dana Gas abandons Merak well, hires adviser to sell Egypt assets

Posted: July 29, 2019 at 3:38 pm   /   Oil & Gas

United Arab Emirates’ Dana Gas has hired investment bank Tudor, Pickering, Holt & Co. (TPH) to advise it on the sale of its Egyptian assets, worth over $500 million, two sources familiar with the matter said, as the company shifts its focus to its Kurdistan operations. The Abu Dhabi-listed energy producer – whose main assets […]

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Peterson

Peterson, Pan Marine team up to support deepwater Merak well offshore Egypt

Posted: July 24, 2019 at 1:20 pm   /   Oil & Gas

Egypt-based Pan Marine and energy logistics provider Peterson have joined forces in the Egyptian market and their first contract was for the provision of supply base management in Abu Qir to end client Dana Gas. Peterson said that the service included logistics management for all supply base work at Abu Qir Port and the provision […]

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Vantage

ADES, Vantage JV to drill deepwater well for Dana Gas in Egypt

Posted: March 10, 2019 at 9:14 am   /   Oil & Gas

ADES International Holding has entered a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian sector of the Mediterranean Sea. Vantage’s Tungsten Explorer drillship will drill one firm well under the contract, with an option to drill a further three wells. The initial program is set to take 77 days to […]

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Iman Hill

Energean Oil & Gas appoints Iman Hill as Chief Operating Officer

Posted: October 3, 2018 at 2:15 pm   /   Oil & Gas

Energean Oil & Gas PLC said on Tuesday it has appointed Iman Hill as chief operating officer with effect November 1. Hill is currently technical director and president Egypt for Dana Gas PJSC since 2015. Prior to this she, was part of Sasol Petroleum International for three years from 2012 to 2015, leaving as vice […]

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Dana Gas

Egypt repays $40 million in dues to UAE’s Dana Gas

Posted: May 29, 2018 at 2:02 pm   /   Oil & Gas

The UAE’s Dana Gas announced yesterday that it received USD 40 million in payments from the Egyptian government, bringing total dues received so far in 2018 up to USD 88.8 million. The funds will mostly be used to bolster Dana’s liquidity, allowing the company to pursue a number of projects in its pipeline, which include […]

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