Dana Gas has secured a $100-million term facility for its Zora gas field development offshore the UAE.
Offshore staff
SHARJAH, UAE – Dana Gas has secured a $100-million term facility for its Zora gas field development offshore the UAE.
This should help the company complete the project and bring the Zora gas field onstream during the first half of 2015.
Zora is expected produce 40 MMcf/d (1.1 MMcm/d). The gas will be transported through a subsea pipeline to an onshore gas processing facility at Hamriyah Freezone in Sharjah.
