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- Zain Bahrain launches ultra fast EV chargers
- HUMAIN, Adobe to build AI models, applications to suit Middle East culture
- UAE's Space42, EDGE Group plan Satcom manufacturing alliance
- Baker Hughes awarded multi-year contract for Aramco projects
- Riyad Capital launches new $453m residential development fund
- Alkhorayef seals Saudi sewer networks development contract
- Dubai launches 22m sq ft auto market development project
- Kuwait economy to pick up growth momentum in 2026
- QSE to facilitate constructive dialogue with global institutional investors
- Dukhan Bank announces November winners in Thara'a savings account draw
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
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
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
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| SAUDIARAMCO | 25.78 | -0.12 (-0.47 |
| ADNOCGAS | 3.39 | 0.00 (0.00 |
| ADNOCDRILL | 5.41 | -0.01 (-0.19 |
| BAHRI | 31.44 | 0.34 (1.09 |
| ADES | 17.02 | -0.03 (-0.18 |
21/11/2025
Zain Bahrain has unveiled 360kW ultra-fast EV chargers at the company's headquarters in Seef, the fastest of its kind in the kingdom, the company said.
The chargers feature advanced liquid-c
Trade Arabia
21/11/2025
Space42, the UAE's leading AI-powered SpaceTech company with global reach, and EDGE Group, one of the world's leading advanced technology and defence groups, today announced the formation of a strate
Trade Arabia
21/11/2025
Baker Hughes, an energy technology company, has announced that it has secured a multi-year contract with China Petroleum Engineering & Construction Corporation (CPECC) for a major project of Saudi oi
Trade Arabia
21/11/2025
Riyad Capital, one of the kingdom's largest asset managers and a leading company in real estate investment, has announced the launch of a new residential development fund valued at SAR1.7 billion ($4
Trade Arabia
21/11/2025
Saudi-based Alkhorayef Water and Power Technologies Company has announced that it has secured a contract worth SAR221 million ($59 million) from the National Water Company for sanitary sewer networks
Trade Arabia
Financial Information Co.
Saudi Arabia