Gas

Kuwait and Saudi Arabia are pushing ahead with plans to develop the undisputed part of the offshore Dorra gas field with the front-end engineering and design (FEED) work expected to be completed by June, industry sources said.

Dana Gas had a very strong 2011 and posted net profits of US$137.4mn, an increase of 220 per cent over US$43mn in 2010, reflecting growing production and higher oil prices last year.

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