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US$600m investment to increase production 57% within 2 years Production to grow from 440MMSCFD to 690MMSCFD by April 2023 Force Majeure lifted with KRG and US Contractor Exterran after COVID Delay Dana Gas, the Middle Easts leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), w...

Dana Gas and Crescent Petroleum resume Khor Mor expansion Share Sign up here for GlobalDatas free bi-weekly Covid-19 report on the latest information your industry needs to know. Dana Gas and Crescent Petroleum have resumed the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which was halted due to the Covid-19 crisis. Both UAE-based firms, Dana Gas and Crescent Petroleum operate the Khor Mor field on behalf of the Pearl Petroleum consortium. After an agreement to...

Dana Gas et Crescent Petroleum reprennent le projet dexpansion de Khor Mor édité le 27/04/2021 - Plus de news de "Dana Gas" - Voir la fiche entreprise de "Dana Gas" Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate...

Egypt: Dana Gas announces termination of agreement for the sale of its Egyptian assets 26 Apr 2021 Dana Gas has announced the termination of its agreement for the sale of its Egyptian assets, announced on A number of conditions precedent to the transaction could not be completed to the satisfaction of both parties prior to the long stop date of the Sale and Purchase Agreement (SPA), which was Wednesday 14th April 2021. The Board has therefore decided to retain and operate the assets in Egypt a...

Dana Gas announces termination of agreement for sale of its Egyptian assets édité le 26/04/2021 - Plus de news de "Dana Gas" - Voir la fiche entreprise de "Dana Gas" Dana Gas PJSC, the Middle East’s largest private sector natural gas company, today announced the termination of its agreement for the sale of its Egyptian assets, announced on 25th October 2020. A number of conditions precedent to the transaction could not be completed to the satisfaction of both parties prior to the long stop d...

The construction work on the project was put on hold due to the Covid-19 pandemic. Capacity expansion is set to be completed by April, 2023 following an agreement with the Kurdish Regional Government and the companies. Gas production by the Pearl Consortium accounts for more than 80 per cent of Iraqi Kurdistans electricity generation, the companies said. Over $2 billion-worth of investments are committed to Dana Gas Kurdish assets so far. The Khor Mor field produces 440 million cf/d of gas as w...

Dana Gas, Crescent Petroleum resume Khor Mor Expansion Project Mon 26th April 2021 | 06:15 PM SHARJAH, (UrduPoint / Pakistan Point News / WAM - 26th Apr, 2021) Dana Gas and its partner Crescent Petroleum have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum consortium. The KM250 expansion involves further investment of US$600 million to add 250 million cubic ...

Dana Gas and Crescent Petroleum resume Khor Mor expansion project 2 hours ago Current production at the Khor Mor field is 440 million cubic feet per day of natural gas. Dana Gas, the Middle East’s leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil & gas company in the Middle East, have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the compan...

Dana Gas and Crescent Petroleum resume Khor Mor expansion project SHARJAH, 4 hours, 45 minutes ago Dana Gas and its partner Crescent Petroleum have announced the full resumption of the expansion project at the Khor Mor field in the Kurdistan Region of Iraq (KRI), which the companies jointly operate on behalf of the Pearl Petroleum consortium.    The KM250 expansion involves further investment of $600 million to add 250 million cubic feet per day of much-needed additional gas production to...

Dana Gas board has decided to retain and operate assets in Egypt alongside the offshore Block 6, the statement added. The $236m "binding agreement" with IPR Wastani Petroleum, a part of IPR Energy Group, also included contingent payments, Dana Gas said in a statement to the ADX at the time. Dana Gas expected the transaction, which was subject to the Egyptian Ministry of Petroleum and Mineral Resources’ approval, to be completed early this year, it said in its October 25 statement. The impac...