Dana Gas posts $130M profit in 2025 as it advances $100M Egypt investment program
Updated 2/8/2026 10:17:00 AM
Arab Finance: Dana Gas, the largest privately owned regional natural gas company in the Middle East, posted its unaudited financial results for the full year ended December 31st, 2025, as it continued to deploy capital to support production in Egypt, according to a press release.
The company reported a net profit of $130 million in 2025, down from $151 million in 2024.
Revenues reached $348 million last year, which included a one-off $46 million uplift arising from the higher gas price agreed under the Concession Consolidation Agreement.
Moreover, 2025 witnessed a decline in production from its Egyptian fields and weaker oil prices, with Brent crude averaging $69 per barrel, compared to $81 in 2024.
In Egypt, the company continued to execute a $100 million investment program under the consolidated concession agreement signed in late 2024.
During 2025, Dana Gas drilled four new wells and rehabilitated three existing ones in Egypt, adding around 30 million standard cubic feet per day of production capacity and 36 billion cubic feet of reserves.
Annual production in the country declined by 23% to 12,600 barrels of oil equivalent per day, reflecting the natural field declines.
The company said its ongoing and planned investment activities are expected to stabilize output and gradually restore production growth through 2026.
These plans include drilling seven additional wells in Egypt, beginning with the Dafoudel exploration well in January 2026.
Dana Gas also received a $50 million payment from the Egyptian government in December 2025, which reduced overdue receivables. This supports its drilling program, reinforcing its financial framework for continued investment in Egypt.
Also, it maintained a disciplined approach to cost and budget management throughout the year, ensuring sufficient funding for growth investments in its core assets and supporting its efforts to enhance production and return to a growth trajectory in the Egyptian market.
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