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- Bahrain All Share Index, Islamic Index close lower
- Omantel launches "Otech" as provider of technologies of future, enabler of digital transformation
- Three industrial projects begin operations in Salalah Free Zone with investments exceeding OMR5 million
- NBK concludes Its Participation in the Innovation Challenge Program
- Oman signs concession agreement for Offshore Block (18)
- Batelco by Beyon, GCCIA extend partnership to strengthen regional connectivity
- Adnoc Drilling net profit tops $1.45b as it sets sights on regional expansion
- Investcorp Capital H1 operating income up 16% to $52m
- Taqa records total net income of Dh7.5 billion for 2025
- Oil prices tumble more than $1 as IEA cuts demand forecast
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
12/12/2025
Dana Gas, the Middle East's leading private-sector natural gas company, announced the drilling of the North El-Basant 1 exploratory well in Egypt's onshore Nile Delta, confirming a significant new ga
Trade Arabia
14/11/2025
Dana Gas, the Middle East's largest regional private sector natural gas company, on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with the Syrian Petroleum Company (SPC)
Khaleej Times
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 24.52 | 0.06 (0.24 |
| ADNOCGAS | 3.36 | 0.02 (0.59 |
| ADNOCDRILL | 5.49 | 0.09 (1.66 |
| BAHRI | 29.50 | 0.00 (0.00 |
| ADES | 16.97 | 0.12 (0.71 |
13/02/2026
Omantel yesterday launched "Otech," the Provider of Technologies of the Future and Enabler of Digital Transformation. This move comes as part of national efforts to accelerate digital transformation
Times of Oman
13/02/2026
The National Bank of Kuwait concluded its participation in the Innovation Challenge Program, organized by the Kuwait Foundation for the Advancement of Sciences, for the tenth consecutive year, in col
Kuwait Times
13/02/2026
Batelco by Beyon has announced the renewal of its strategic partnership with the Gulf Cooperation Council Interconnection Authority (GCCIA) during Capacity Middle East.
This renewal undersc
Trade Arabia
13/02/2026
Adnoc Drilling reported its strongest year on record in 2025, posting a net profit of $1.45 billion as the company accelerated its regional expansion, ramped up technology-driven efficiencies and del
Khaleej Times
13/02/2026
Investcorp Capital (ICAP), an Abu Dhabi Securities Exchange (ADX)-listed alternative investment company founded by the Investcorp Holdings group, reported a total operating income of $52 million, an
Trade Arabia
Financial Information Co.
Saudi Arabia