Dana Gas is the Middle East’s leading private sector natural gas company producing around 65,000 barrels of oil from its operations in Egypt and the Kurdistan region of Iraq. Headquartered in Sharjah in the UAE, Dana Gas has a network of offices in the Kurdistan region of Iraq and in Egypt. Established in 2005 with over 300 prominent founder shareholders from across the Gulf Cooperation Council (GCC) region, Dana Gas is listed on the Abu Dhabi Securities Exchange (ADX).
BLAZE TO BRILLIANCE
Dana Gas is a rapidly growing company targeting to increase its production manifold in the next few years. The company has proven plus probable reserves of 152 million barrels and a resource potential of some 900 million barrels from its world-class acreage in Egypt and Iraq. Dana Gas’ primary area of activity is in the upstream sector (exploration and production) and the company also operates in the midstream and downstream sectors, in particular where it adds value to its upstream activities. The company has a geographic focus on the Middle East, North Africa and South Asia (MENASA) region.
The company strives to be the leading private sector natural gas company in the Middle East, North Africa and South Asia (MENASA) region. Towards this end, the company wants to leverage strategic relationships to maintain its competitive advantage and continuously enhance its technical and commercial skills to develop and operate assets safely and efficiently.
Dana Gas employs around 500 people in the MENASA region, with the majority of them stationed in Sharjah, Egypt and the Kurdistan region of Iraq. Their diversified workforce consists of more than 20 different nationalities.
The employees at Dana are resourced and rewarded in line with their strategy of trying to attract and retain the best business, technical and functional talent.
ENGAGEMENT THAT ENTHRALS
For Dana Gas, corporate social responsibility (CSR) is about directly contributing to the economic and social development in a way that safeguards natural resources and the environment while respecting the rights of every individual.
Aiming for global best practices in the corporate social responsibility, the company aims to provide economic and social benefits to the communities in which it operates, particularly in the UAE, Egypt and the Kurdistan region of Iraq. Their contributions are typically focussed on environment, education, sports, health and sustainable community businesses.
In Egypt, the company has sponsored environmental discussions and awareness campaigns. To improve education levels, they sponsor a chair in chemical engineering at the American University of Sharjah. In Kurdistan, the company provides educational stationaries and school bags to three primary schools in its area of operations.
It also sponsors sports events in Sharjah, subsidises health centres in a number of areas and supports NGOs developing sustainable business practices in the villages of Egypt.
Dana Gas is committed to operating its facilities in a safe, competent and efficient manner and to caring for all those on its sites or impacted by its activities, reducing waste, emissions and discharges, in addition to the efficient use of energy.
At Dana Gas, employees have the authority to stop work they consider to be an immediate threat to life, health, property or the environment, or that violates legal requirements.
The company has set and applied the highest standards of conduct and accountability. It aims to provide a safe, healthy and environment-friendly workplace for its employees and business partners and to minimise the adverse effects of its operations on communities and the environment.