Gas

Dana Gas records a 27 per cent increase in net profit

dana 2018Dana Gas PJSC, the Middle East’s leading natural gas company, has achieved a net profit of US$14mn, 27 per cent higher on year-on-year (Y-O-Y) basis, said the company in its Q1 2018 financial results

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Total signs MoU with Oman to develop natural gas resources

Oman Oil And GasFrench oil major Total said it has signed a Memorandum of Understanding (MoU) with Oman to develop natural gas resources in Oman

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Global natural gas consumption rose by 3.3 per cent in 2017, says CEDIGAZ

CedigazGlobal natural gas consumption rose by 3.3 per cent to reach a new peak of 3640 bcm in 2017, said CEDIGAZ, the International Association for Natural Gas, in its “First Estimates 2017”

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Eni continues Zohr ramp-up, starting the third production unit

Zohr ThirdEni has announced the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcf per day, in less than a month after beginning the second production unit (T-1) of the Zohr project, offshore Egypt

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Cyprus-Egypt natural gas pipeline set to cost between US$800mn to US$1bn

KPC PThe planned gas pipeline from Cyprus’ Aphrodite gas field to Egypt’s liquefied natural gas (LNG) facilities is expected to cost between US$800mn and US$1bn, according to Tarek El Molla, Egyptian petroleum minister

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