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- Emirates Islamic to introduce region's first Amazon Credit Card
- Alba receives RoSPA President's Award
- Gold price in the Qatari market increases by 2.78% this week
- NIC signs strategic agreement to develop and implement AI-powered ERP system
- QSE index rises marginally at beginning of Thursday's trading
- Abu Dhabi's IHC to invest $1 billion in India's Sammaan Capital
- Robotic surgery 12,000km away - Kuwait hospital wins Guinness record
- Qatar ports record double-digit growth in ships arrival in January-September
- Asian stocks rise, technology firms rally in Japan: Markets wrap
- QCB issues treasury bills worth QR400 million
22/03/2018 07:54 AST
Pearl Petroluem, a consortium led by Crescent Petroluem and Dana Gas, on Wednesday said that it has signed a 10-year gas sales agreement with the Kurdistan regional government.
Under the agreement, it plans to supply and sell additional quantities of gas that it plans to begin producing later this year in order to boost much-needed local domestic electricity generation, the company said in a statement posted on the Abu Dhabi Securities Exchange's website.
This will enable an increase in delivered gas production from the Khor Mor Field by an anticipated 80 million cubic feet of sales gas per day before the end of 2018, on top of the current level of 305 million cubic feet per day.
All contractual conditions have since been satisfied and consequently the project work has now commenced, the statement added.
Total investment to date exceeds $1.3 billion (Dh4.77 billion), with total cumulative production over 228 million barrels of oil equivalent (boe), which has resulted in billions of dollars of fuel cost savings and economic benefits for the Kurdistan Region and Iraq as a whole.
Gulf News
04/04/2025
Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil and gas company in the Middle East, together with their pa
Khaleej Times
28/03/2018
Dana Gas will seek shareholder approval to pay a dividend for 2017, it said on Sunday, in a move that could complicate its legal dispute with investors demanding that the company settles $700mn of Is
Gulf Times
27/03/2018
Dana Gas, the Sharjah company tangled in legal battles over the legality of its $700 million sukuk, said on Monday a UAE court has issued a new anti-suit injunction against BlackRock, the world's big
The National
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 24.75 | 0.15 (0.60 |
| ABAR | 175.00 | 3.00 (1.74 |
| ADNOCGAS | 3.58 | 0.14 (4.06 |
| ADNOCDRILL | 5.75 | 0.00 (0.00 |
| BAHRI | 28.26 | 0.30 (1.07 |
03/10/2025
Emirates Islamic has joined forces with Amazon UAE and Mastercard to launch the first Amazon Credit Card in the Middle East and North Africa region.
Soon to be available exclusively in the
Trade Arabia
03/10/2025
Aluminium Bahrain (Alba) was honoured with the RoSPA President's Award during the Royal Society for the Prevention of Accidents (RoSPA) Safety Summit 2025.
The event was held in partnership
Trade Arabia
03/10/2025
In a move reflecting its commitment to a smarter and more agile investment future, National Investments Company has signed a strategic agreement to develop and implement an integrated Artificial Inte
Kuwait Times
03/10/2025
International Holding Company (IHC), the Abu Dhabi-based global investment firm, has announced a $1 billion (INR88.55 billion) investment in India's Sammaan Capital Limited, one of the country's larg
Gulfnews
03/10/2025
Elegancia Catering, a subsidiary of Estithmar Holding Q.P.S.C., signed an MoU this morning in Damascus with Urbacon Airports to establish a central production unit for catering services at Damascus I
The Peninsula
Financial Information Co.
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