Page 20 - Patrick Allman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 Kurdistan's 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 well as 15,7000 barrels per day of condensate and 1,020 tonnes of liquefied petroleum gas. Condensa...

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 feet per day of much-needed additional gas production to supply the local power stations. The projec...

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 companies jointly operate on behalf of the Pearl Petroleum consortium. The KM250 expansion involves furthe...

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 supply the local power stations.    The project construction work had been put on hold due to t...

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 it's October 25 statement. The impact on Dana Gas' finances from the cancellation of the sale is still being assessed, the company sai...