14/11/2025 03:32 AST

Dana Gas, the Middle East's largest regional private sector natural gas company, on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with the Syrian Petroleum Company (SPC) to explore the potential for the redevelopment and expansion of several natural gas fields across central Syria. The fields include the Abu Rabah gas field - one of the largest gas discoveries in Syria - as well as other SPC gas fields. Dana Gas is the first developer to sign such an agreement. Under the terms of the MoU, Dana Gas will conduct a comprehensive technical assessment of the identified fields and propose a development plan aimed at significantly increasing total gas production if the evaluation is successful and both parties reach a final agreement. Richard Hall, CEO of Dana Gas, said: "This agreement marks an important first step in evaluating opportunities to redevelop Syria's gas infrastructure and unlock the potential that exists within its gas sector. The fields identified under this MoU could make a real difference to domestic gas production, strengthening Syria's energy security and supporting local communities. "Our confidence in taking on this challenge is two-fold: first, the professionalism and technical strength of the Syrian Petroleum team and second, our own proven development and operational expertise, most recently demonstrated through the early completion of the KM250 expansion project in Iraq alongside our joint operating partner. The lessons and capabilities we developed there are directly transferable to projects such as this, where hands-on execution, technical and financial discipline, and regional understanding are key to delivery. We are grateful to our Syrian counterparts for their trust and partnership as we embark on this effort."


Khaleej Times

Dana Gas board recommends cash dividend of $105m for 2025

13/03/2026

Dana Gas, one of the Middle East's largest regional private sector natural gas companies, has recommended a dividend payment of 5.5 fils ($1.5) per share for the full year 2025.

The propose

Trade Arabia

Dana Gas announces new onshore discovery in Egypt's Nile Delta

12/12/2025

Dana Gas, the Middle East's leading private-sector natural gas company, announced the drilling of the North El-Basant 1 exploratory well in Egypt's onshore Nile Delta, confirming a significant new ga

Trade Arabia

Crescent Petroleum and Dana Gas reach key production milestone at Iraqi gas field

04/04/2025

Dana Gas, the Middle East's leading publicly listed regional natural gas company, and its partner Crescent Petroleum, the oldest private oil and gas company in the Middle East, together with their pa

Khaleej Times

Ticker Price Volume
DANA Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SAUDIARAMCO 27.60 0.04 (0.14%)
ADNOCGAS 3.21 0.01 (0.31%)
ADNOCDRILL 5.20 0.08 (1.56%)
BAHRI 32.10 -0.36 (-1.11%)
ADES 18.19 -0.15 (-0.82%)
NBK - Egypt secures $50 million facility to finance MSMEs in Egypt

03/04/2026

National Bank of Kuwait - Egypt has secured a $50 million financing package from the European Bank for Reconstruction and Development (EBRD), supported by the European Union (EU), to expand access to

Kuwait Times

ADIB strengthens tie-up with Jubail Investment Company to deliver major project

03/04/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has reaffirmed its role as a key enabler of large-scale real estate development through its strategic partnership with Jubail I

Trade Arabia

2PointZero's IRH secures 20-year LNG supply from Mexico's AMIGO LNG project

03/04/2026

International Resources Holding (IRH), the Abu Dhabi-based natural resources investment platform and a subsidiary of 2PointZero Group, has signed a 20-year liquefied natural gas (LNG) Sale and Purcha

Trade Arabia

Dewa announces $844m cash dividends for H2 2025

03/04/2026

Dubai Electricity and Water Authority (Dewa) said its shareholders approved a dividend of AED3.1 billion ($844 million)for the second half of 2025 at the Annual General Assembly (AGM) held on Thursda

Trade Arabia

Kingdom Holding buys BEV stake from Prince Al-Waleed for $68m

03/04/2026

Saudi investment firm Kingdom Holding Co. bought a stake in Breakthrough Energy Ventures from its chairman, Prince Al-Waleed bin Talal, for SR255 million ($67.9 million), at a discount to its latest

Arab News