Posted inExploration & ProductionDRILLING & PRODUCTION

Dana Gas KRI and Egypt collections reached $256 million since start-2021

Dana Gas, which owns a 35% interest in Pearl Petroleum, saw its share of collections from sales of condensate, LPG and gas in the KRI jump 77% to $131 million

Dana Gas’s 9M 2021 collections from the Kurdistan Region of Iraq (KRI) and Egypt have increased 102% year-on-year to $256 million (AED 938mm) from $127 million (AED 466mm) in the same period the previous year. Dana Gas, which owns a 35% interest in Pearl Petroleum, saw its share of collections from sales of condensate, LPG […]

Posted inEnergy Transition

Siemens Energy to support Egypt’s green hydrogen industry

The company plans to explore hydrogen production, storage, transportation and trading, and expanding its renewable energy sector

Siemens Energy has signed a memorandum of understanding with the Egyptian Electricity Holding Company to jointly develop hydrogen-based industry in Egypt with export capability. The agreement was signed by Christian Bruch, President and CEO of Siemens Energy and Gaber El- Dessouki, Chairman of the Board of Directors of the Egyptian Electricity Holding Company (EEHC), at […]