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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 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 on behalf of the Pearl Petroleum consortium. The KM250 expansion...

Dana Gas and Crescent Petroleum resume Khor Mor expansion Share Sign up here for GlobalData's 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 lift the force majeure with both the Kurdistan Regional Government (KRG) and the contractor, the K...

Dana Gas et Crescent Petroleum reprennent le projet d'expansion 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 on behalf of the Pearl Petroleum consortium. The KM250 expansion involves further investment of US...

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 alongside the highly prospective exploration acreage offshore Block 6. As per ADX disclosure requirem...

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 date of the Sale and Purchase Agreement (SPA), which was Wednesday 14th April 2021. The Board has the...