In addition, Dana Gas announced on Tuesday its financial results for the first half of 2018, which ended on June 30, saying the four percent rate of the net profit year-on-year stood at $24 million. The second quarter’s net profit of $10 million was $2 million lower, excluding Sukuk restructuring.
Dana Gas’s proclamation that its sukuk is unlawful under Shariah and UAE law, garnered the attention of prominent business publications in the summer of 2017. The unprecedented move by Dana Gas could potentially instigate wider ramifications for the sukuk industry. The purpose of this paper, is to investigate whether Dana Gas provided valid grounds to justify their sukuk as being unlawful ...
Societe Generale recently attempted to auction off a portfolio of more than USD 1bn in oil & gas revolving credit exposure, but found muted buyer interest at the mid-90s price point it was seeking. The sizeable book of loans on offer featured more than 30 credits, according to five buysiders familiar with the matter.
Through its affiliate Dana Gas, Crescent Petroleum has been engaged in Egypt's oil and gas market since 2007. Dana Gas operates 14 leases under three concessions in the Nile Delta acreage and a 26.4 per cent stake in a gas liquids extraction plant in the Gulf of Suez. Previous operations Mubarek field (1969–2009)
October 25, 2020. dana petroleum logo
Lundin Mining Corporation is a diversified base metals mining company. The Company is engaged in mining, exploration and development of mineral properties, primarily in Chile, the United States, Portugal, Sweden and the Democratic Republic of Congo (DRC).
Jan 16, 2019 · Since 2008, his experience has also included senior advisory positions with companies such as Dana Gas, NPC (Egypt), Sea Dragon (Egypt), and Maurel et Prom (Tanzania), among others, in ...
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