Subscribe free to our newsletters via your
. GPS News .




OIL AND GAS
Dana Gas extends legacy in Egypt
by Daniel J. Graeber
Sharjah, United Arab Emirates (UPI) Sep 29, 2014


disclaimer: image is for illustration purposes only

Emirati energy company Dana Gas said Monday it was the successful bidder for two onshore license areas in the Nile Delta region onshore Egypt.

Regional subsidiary Dana Gas Egypt was awarded the rights to operate in the North el-Salhiya and el-Matariya onshore areas in the Nile Delta.

"We are extremely pleased to have been awarded these two new blocks," Dana Gas Chief Executive Officer Patrick Allman-Ward said in a Monday statement. "The area is particularly well known to Dana Gas, given its long-term commitment to the Nile Delta."

Dana is the sixth largest energy company working in Egypt. Overall, its share of production has reached 39,100 barrels of oil equivalent per day.

Dana will hold 100 percent of the interest in the North el Salhiya area and work on a parity basis with BP at el-Matariya.

"We are delighted to be partnering with BP, a leader in deep well drilling in the Nile Delta," Allman-Ward said.

Dana gave no estimate of the reserve potential. The two blocks have a six-year exploration period for the Emirati company.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
EU says cooperation with Canada extends to energy
Brussels (UPI) Sep 25, 2014
The development of ties in the energy sector is on the table for bilateral talks with Canadian officials, leaders from the European Union said. European Council President Herman Van Rompuy and European Commission President Jose Manuel Barroso head Friday to Ottawa for an annual summit hosted by Canadian Prime Minister Stephen Harper and trade representatives. European leaders sai ... read more


OIL AND GAS
Guilt-free doughnuts: UN summit hails palm oil pledges

Biochar alters water flow to improve sand and clay

Wasp 'SWAT team' to the rescue of Indonesian cassava crop

The future of global agriculture may include new land, fewer harvests

OIL AND GAS
Intel to buy stake in two Chinese firms

For electronics beyond silicon, a new contender emerges

The future face of molecular electronics

Method detects prize particle for future quantum computing

OIL AND GAS
Search for MH370 to enter new phase

New underwater discoveries in hunt for MH370

CAE gets new contracts for aircraft simulation training systems

Airbus Defense and Space readies airlifter for Malaysia

OIL AND GAS
EU warns Germany as car coolant row heats up

Reducing traffic congestion with wireless system

California Issues Permits for 29 Self-Driving Cars

GM expects record 2014 sales in China: executive

OIL AND GAS
Fashion made-in-China: fine for everyone but the Chinese

France's Sanofi opens research hub in China

China's CITIC wins interim injunction in Mineralogy dispute

Microsoft chief makes first China visit amid probe: report

OIL AND GAS
Water research tackles growing grassland threat: trees

Major palm oil companies to halt deforestation

Smithsonian Scientists Discover Tropical Tree Microbiome in Panama

Britain pledges funds in fight against deforestation

OIL AND GAS
NASA Launches RapidScat Wind Watcher to ISS

US Releases Enhanced Shuttle Land Elevation Data

Lockheed Martin Mates NOAA GOES-R Satellite Modules

Dry Conditions and Lightning Strikes Make for a Long California Fire Season

OIL AND GAS
Nanoribbon film keeps glass ice-free

Rice rolls 'neat' nanotube fibers

Decoding the role of water in gold nanocatalysis

Magnetic nanocubes self-assemble into helical superstructures




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.