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UAE's Dana Gas-led consortium signs $250 million financing agreement

UAE's Dana Gas-led consortium signs $250 million financing agreement
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

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UAE- Dana Gas and Crescent Petroleum Resume Khor Mor Expansion Project

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 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 project construction work had been put on hold due to the COVID pandemic but is now on track for a new target start date of April 2023, after agreement to lift the force majeure with both the Kurdistan Regional Governm ....

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- Dana Gas et Crescent Petroleum...

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 Easts 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$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 the COVID pandemic but is now on track for a new target start date of April 2023, after agreement to lift the force majeure with both the Kurdistan Regional Government (KRG) and the contractor. ....

Abu Dhabi , Abuz Aby , United Arab Emirates , As Sulaymaniyah , Khor Mor , Patrick Allman , Majid Jafar , Pearl Petroleum , Abu Dhabi Securities Exchange , Ministry Of Natural Resources , Crescent Petroleum , Dana Gas , Middle East , Kurdistan Region , Kurdistan Regional Government , Gas Sales , Natural Resources , Board Managing Director , Patrick Allman Ward , Kurdistan Gas Project , North Africa , South Asia , Market Place , Az Naturel , Uper Sans Plomb , As Oil ,

Novo presidente da Acib: "queremos ajudar a melhorar o Ideb de Blumenau" | Pedro Machado

Novo presidente da Acib: "queremos ajudar a melhorar o Ideb de Blumenau" | Pedro Machado
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Dana Gas and Crescent Petroleum resume Khor Mor expansion project

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 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 the COVID pandemic but is now on track for a new target start date of April 2023, after agreement to lift the force majeure with both the Kurdistan Regional Government (KRG) and the ....

Abu Dhabi , Abuz Aby , United Arab Emirates , As Sulaymaniyah , Khor Mor , Patrick Allman , Majid Jafar , Pearl Petroleum , Abu Dhabi Securities Exchange , Ministry Of Natural Resources , Crescent Petroleum , Middle East , Kurdistan Region , Kurdistan Regional Government , Gas Sales , Natural Resources , Board Managing Director , Dana Gas , Patrick Allman Ward , Kurdistan Gas Project , North Africa , South Asia , ஒன்றுபட்டது அரபு அமீரகங்கள் , கோர் மோர் , பேட்ரிக் ஆல்மேன் , மஜித் ஜாஃபர் ,