Kurdistan

Dana Gas reports $157 million net profit in 2019
This compares to a net loss of $186 million (AED 682 million) .....
Dana Gas receives $42mn dividend from Pearl Petroleum
The payment brings total 2019 dividends from KRI to $121mn
TAQA produced more than 1mn barrels of oil from Atrush in July 2019
The current rate of gross production at the Atrush block is approximately .....
Dana Gas reports 483% increase in H1 2019 net profit to $140mn
The company has seen growing production and revenue out of the Kurdistan .....
Dana Gas and Crescent Petroleum's $700mn Khor Mor expansion plan to increase gas output by 63% in two years
A 20-year gas sales agreement was signed between Pearl Petroleum and KRG, .....
Dana Gas shareholders support $700mn consensual sukuk restructuring
The transaction represents an accretive and optimal outcome for all the parties, .....
Rosneft, Kurdistan Regional Government ink gas business development agreement
Under the agreement, the parties will elaborate an integral plan to progress .....

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Oil & Gas Middle East - September 2020

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