The Company’s Field in Egypt - photo courtesy to Dana Gas websiteEgypt pays $40M to Dana Gas CAIRO - 28 May 2018: The UAE-based Dana Gas (DANA) announced the receipt of $40 million from the Egyptian government as a part of the company's receivables, upgrading the total paid amount to $88.8 million during 2018. Petroleum minister reviews sector achievements in 4 years CAIRO - 11 December 2018: In the period from 2014 to 2018, Egypt signed 63 petroleum agreements with investments of $14 billion, Minister of Petroleum Tarek el- Molla said. Molla reviewed achievements in the sector, saying that the ministry implemented the biggest two projects for collecting geophysical data in areas of the Red Sea and Upper Egypt. Dana Gas plans $47 mln capex in Egypt this year: CEO ABU DHABI - 15 March 2018: United Arab Emirates-based energy firm Dana Gas will spend $47 million in Egypt this year but any new investments will be made only if the country pays some of the money it owes, Dana's chief executive said on Thursday. The capex in 2017 was $47 million.

Source: Egypt Today December 18, 2018 11:26 UTC