Please wait...
GulfBase Live Support
- Dubai firm talabat sets higher growth for 2025 after $121m profit
- Bitcoin's record run isn't over - new US rules could spark next big crypto wave
- China hopes for 'positive' outcomes from tariff talks
- Promising Companies Market to boost SMEs, startup financing
- Al-Safat Investment announces net profit of KD 4.65 million for H1 2025
- Millennium Hotels, Taiba relaunch two properties in Madinah
- QNB organises Blue Pledge campaign to protect marine environment
- Qatar's retail market holds steady amid selective growth and pricing pressures
- 3 from Qatar named among Forbes Middle East's 'Top 100 Travel & Tourism Leaders 2025'
- Heisco consortium lowest bidder for $377m Kuwait water project
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 | 24.05 | 0.00 (0.00 |
| ABAR | 168.00 | -1.00 (-0.60 |
| ADNOCGAS | 3.39 | 0.02 (0.59 |
| ADNOCDRILL | 5.68 | -0.06 (-1.05 |
| ADES | 15.00 | 0.09 (0.60 |
12/08/2025
The food and retail delivery company Talabat Holding now expects higher growth for full-year 2025 after netting a profit of $121 million in the second quarter.
The company, listed on DFM, al
Gulfnews
12/08/2025
Al-Safat Investment Company announced net profits of KD 4.65 million for the first half of 2025, reflecting a strong financial performance that underscores the success of its strategy to restructure
Kuwait Times
12/08/2025
Millennium Hotels and Resorts Middle East & Africa, in partnership with Saudi Forward Hospitality Company Taiba, has announced the relaunch of Millennium Al Aqeeq and Millennium Taiba in Madinah.
Trade Arabia
12/08/2025
QNB Group, the largest financial institution in the Middle East and Africa, has organised the QNB Blue Pledge, a global initiative aimed at raising awareness about the importance of preserving the ma
The Peninsula
12/08/2025
Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being
Trade Arabia
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia