UAE’s Dana Gas to continue operating onshore Egypt assets after winning arbitration case

Dana Gas, a UAE-based energy company, said on July 25 it will continue to operate its onshore Egyptian fields after winning an arbitration case filed by IPR Wastani Petroleum. Dana Gas had wanted to sell its onshore assets in Egypt to focus on its production in Iraq’s northern Kurdistan region. For now, Dana Gas will also focus its attention on exploring Block 6 in Egypt.