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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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