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Dana Gas, Crescent Petroleum gas production in KRI up 50%

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  Sharjah / WAM 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, have reported record sales gas production from their operations in the Kurdistan Region of Iraq (KRI), reaching 452 million standard cubic feet of per day (MMscf/d) at the ...

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India seeks $203 billion insurer value in mega IPO

India said to seek $203 billion value for insurer in biggest ipo

  Bloomberg India is pushing for a valuation of about $203 billion for a state-owned insurer that’s soon expected to file for the nation’s biggest initial public offering, even as arrangers awaited a final report on the firm’s estimated worth. The so-called embedded value of Life Insurance Corp. of India is likely to be more than 4 trillion rupees, and ...

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Taqa, Etisalat Digital join forces to enhance digital capabilities

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  Abu Dhabi / WAM Abu Dhabi National Energy Company (Taqa) and Etisalat Digital announced that they will partner on an Advanced Metering Infrastructure (AMI) project to enhance utility metering in the Emirate of Abu Dhabi. Over the next two years, Taqa’s power and water distribution companies – Abu Dhabi Distribution Company (ADDC) and Al Ain Distribution Company (AADC) – ...

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