Middle East Economic Survey

VOL. LI

No 11

17-March-2008

UAE

Dana Gas Signs Sharjah Western Offshore E&D Agreement

Dana Gas announced on 12 March that it had signed an agreement for the exploration and development of the Western Offshore concession in Sharjah its first E&D deal in the GCC. The 25-year agreement was signed by the Ruler of Sharjah, Shaikh Sultan bin Muhammad Al Qasimi, and the Executive Chairman of Sharjah-based Dana Gas, Hamid Jafar. Dana Gas said the concession agreement...