In April, Dana Gas’s $236 million deal to sell oil and gas blocks in Egypt to Texan company IPR Energy Group fell through
The Middle East’s largest private sector natural gas company Dana Gas PJSC on Sunday announced its 2021 first quarter net profit increased 41 percent compared to last year, totaling AED88 million ($24m), attributed to higher production in Iraq’s Kurdistan and a reduction in finance cost due to lower borrowings in quarter one 2021 as compared to quarter one 2020.
Credits: arabianbusiness.com