{"id":569997,"date":"2020-03-15T04:21:18","date_gmt":"2020-03-15T04:21:18","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/"},"modified":"2020-03-15T04:21:18","modified_gmt":"2020-03-15T04:21:18","slug":"dana-gas-egypt-assets-see-production-fall-4-in-2019","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/","title":{"rendered":"Dana Gas Egypt assets see production fall 4% in 2019"},"content":{"rendered":"

Dana Gas saw production from its Egypt assets fell 4% in 2019 to 33k boe\/d from 34.5k the year before, the company said in a statement<\/a> last week. The company is continuing with a strategic review of its assets in Egypt and claims to have received an encouraging level of interest so far. The Emirati firm announced in July last year<\/a> that it planned to offload its entire Egypt portfolio to focus on developing its operations in Iraq. It reported last month<\/a> that it had received \u201cnumerous\u201d bids for the assets in 2H2019 and that will make a final decision by the end of March.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dana Gas saw production from its Egypt assets fell 4% in 2019 to 33k boe\/d from 34.5k the year before, the company said in a statement last week. The company is continuing with a strategic review of its assets in Egypt and claims to have received an encouraging level of interest so far. The Emirati […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7207],"tags":[93,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-569997","post","type-post","status-publish","format-standard","hentry","category-energy","tag-energy","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"07b2d72f-a994-466e-bc82-13daf5a83fab","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[569978],"teaser":"","voice_url":""},"yoast_head":"\nDana Gas Egypt assets see production fall 4% in 2019 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dana Gas Egypt assets see production fall 4% in 2019\" \/>\n<meta property=\"og:description\" content=\"Dana Gas saw production from its Egypt assets fell 4% in 2019 to 33k boe\/d from 34.5k the year before, the company said in a statement last week. The company is continuing with a strategic review of its assets in Egypt and claims to have received an encouraging level of interest so far. The Emirati […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-15T04:21:18+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Dana Gas Egypt assets see production fall 4% in 2019\",\"datePublished\":\"2020-03-15T04:21:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\"},\"wordCount\":112,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"energy\",\"EnterpriseAM\"],\"articleSection\":[\"Energy\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\",\"name\":\"Dana Gas Egypt assets see production fall 4% in 2019 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2020-03-15T04:21:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Dana Gas Egypt assets see production fall 4% in 2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Dana Gas Egypt assets see production fall 4% in 2019 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/15\/dana-gas-egypt-assets-see-production-fall-4-in-2019\/","og_locale":"en_US","og_type":"article","og_title":"Dana Gas Egypt assets see production fall 4% in 2019","og_description":"Dana Gas saw production from its Egypt assets fell 4% in 2019 to 33k boe\/d from 34.5k the year before, the company said in a statement last week. 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Descalzi stressed that Eni is satisfied with its portfolio for the time being and plans to focus on developing current assets before biting off more.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":592933,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/dana-gas-collects-usd-105-mn-from-egypt\/","url_meta":{"origin":569997,"position":1},"title":"Dana Gas collects USD 105 mn from Egypt","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"The UAE\u2019s Dana Gas collected USD 105 mn from its Egypt assets in 9M2019, the company saidin a statement (pdf). The Emirati company had received a total of USD 78 mn in payments from the government during 1H2019, reducing its outstanding receivables to USD 125 mn, the lowest level since\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597543,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/30\/dana-gas-confirms-possible-egypt-exit\/","url_meta":{"origin":569997,"position":2},"title":"Dana Gas confirms possible Egypt exit","author":"enterpriseam admin","date":"30 July 2019","format":false,"excerpt":"Dana Gas confirms possible Egypt exit: Dana Gas is studying the possibility of selling its Egypt assets to focus on its \u201cmassive resources\u201d in the Kurdistan Region of Iraq (KRI), but will continue its operations until then normally, Head of Investor Relations Mohammed Mubaideen confirmed to CNBC Arabia yesterday (watch,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/613.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575754,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/26\/dana-gas-sells-egypt-assets-to-ipr-energy\/","url_meta":{"origin":569997,"position":3},"title":"Dana Gas sells Egypt assets to IPR Energy","author":"enterpriseam admin","date":"26 October 2020","format":false,"excerpt":"M&A WATCH- Struggling producer Dana Gas offloads Egypt assets to IPR Energy: Dana Gas has agreed to sell most of its Egypt assets to IPR Wastani Petroleum for as much as USD 236 mn, allowing the company to double down on its operations in Iraqi Kurdistan, the company said in\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/271.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":560049,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/14\/dana-gas-says-egypt-asset-sale-didnt-do-its-earnings-any-favors\/","url_meta":{"origin":569997,"position":4},"title":"Dana Gas says Egypt asset sale didn\u2019t do its earnings any favors","author":"enterpriseam admin","date":"14 February 2021","format":false,"excerpt":"Dana Gas points to Egypt asset sale for its 2020 losses: Abu Dhabi-listed energy producer Dana Gas reported a net loss of USD 376 mn in 2020, compared to a net profit of USD 157 mn the year before, according to an earnings release (pdf). The Emirati firm attributed the\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597586,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/31\/dana-gas-confirms-it-hired-financial-advisors-to-look-at-egypt-exit\/","url_meta":{"origin":569997,"position":5},"title":"Dana Gas confirms it hired financial advisors to look at Egypt exit","author":"enterpriseam admin","date":"31 July 2019","format":false,"excerpt":"Dana Gas confirms hiring financial advisors for the potential sale of Egypt assets: Dana Gas confirmed reports earlier this week that it has hired financial advisors to study the possibility of selling down its Egypt asset portfolio in a bourse filing (pdf) on Tuesday. \u201cThe company is undertaking a strategic\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=569997"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/569997\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/569978"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=569997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=569997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=569997"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=569997"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=569997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}