Sustainability

Health, Safety, Security, Environment & Social Performance (HSSE & SP) Policy

Everybody who works for Dana Gas is responsible for the continuous improvement of our HSSE & SP performance. Together, we aim to pursue the goal of no harm to people, to protect the environment, respect our neighbours and contribute to the sustainable development of societies in which we operate.

Our HSSE & SP commitments in this regard are outlined in the Dana Gas Group HSSE & SP policy.

All who work for and with Dana Gas have the authority to stop any work they consider to be an imminent threat to life, health, property or the environment, or that violates legal requirements, or which presents potential negative social impact.

The HSSE & SP policy is implemented through an HSSE management framework, which includes our Operating Risk Management System (ORMS), supporting operating practices, HSE standards and local HSSE Management Systems in each country/asset.

Our HSSE&SP policy can be found here.

Lost-Time Incident Free
6 Years
Process Safety Events
Process Safety Events
30% reduction Tier 1&2
Significant spills
Significant spills
Zero in past 8 years
Reduction in Community-related incidents
Reduction in Community-related incidents
63%

SUSTAINABILITY FRAMEWORK

Our Sustainability framework is divided into three distinct pillars: performing responsibly, safeguarding our workforce and assets, and contributing to in country value.

  • Performing Responsibly – Achieving sustainable and responsible performance through operational excellence, environmental stewardship and climate risk mitigation.
  • Safeguarding our Workforce and Assets – Ensuring a safe working environment, respecting human rights and becoming a local employer of choice.
  • Contributing to In-Country Value – Contributing to the socio-economic development of those countries where we operate, supporting economic prosperity, and making a positive impact on local communities.

Further details on our performance can be found in the latest annual Sustainability Report.

Climate Change and the Energy Transition

Dana Gas recognises the challenges posed by climate change and we support the goals of the Paris Agreement to limit the rise in global temperature. We acknowledge the significance of carbon reduction as natural gas becomes a vital component of the energy mix, replacing coal and liquid fuels, particularly in developing regions. We prioritize sustainability and embrace clean burning natural gas to actively contribute to a cleaner and more sustainable energy future. 

The United Nations Climate Change Conference (COP27) held in 2022 emphasized the need to limit global warming and highlighted the role of businesses and institutions in setting ambitious targets. It also recognized the MENASA region’s vulnerability to climate change and its potential to drive innovation and transformation in the sector. 

Dana Gas firmly believes that gas will play a crucial role in the energy transition and that sustainability and gas production are not mutually exclusive. Consequently, we remain committed to our role in the low-carbon energy transition, striving to be the leading private sector natural gas company in the MENASA region. Our strategic focus is on sustainable growth across the natural gas value chain.

We are helping the growing demand for energy in Egypt and the Kurdistan Region of Iraq, by supplying cleaner burning natural gas for electricity generation, which avoids the use of alternative more carbon emitting fossil fuels. Our long-term economic investments in both countries have generated multiple direct and indirect benefits. Environmental and Socio-economic impact study reports  carried out by PWC provide further detail into these benefits.

Our Energy Transition Strategy and Climate Action Plan is structured around the five themes of Measure; Reduce; Invest; Offset; Report & Disclose.  We continue to pursue a number of initiatives to improve Greenhouse Gas (GHG) management, including various measures on measurement, leak detection and facility emission reductions. 

Dana Gas is committed to complying with its zero-routine flaring policy in keeping with the World Bank initiative in 2015. We are also a signatory to the Aiming for Zero Methane Emissions Initiative, a growing industry effort developed by the Oil and Gas Climate Initiative (OGCI), which aims to eliminate methane emissions from operations as soon as 2030.

Our climate position can be found here. Further details on our performance is available in the latest annual Sustainability Report.

Flaring Reduction
47%
Carbon intensity
8.45 kg CO2 per BOE
Voluntary Carbon offsets
264,000 tonnes
GHG Emissions
26% Decrease in total since 2019

Social Performance

Dana Gas is committed to making a positive contribution in the countries in which we operate.  This includes effectively engaging with all relevant stakeholders, providing jobs, supporting local suppliers and building local capabilities. 

We prioritize local suppliers as part of our commitment to fostering economic opportunities. Dana Gas recognizes and embraces the responsibility of promoting shared prosperity by developing a stable workforce and establishing a local supply chain. 

Dana Gas supports the recruitment and retention of national employees at all levels. The company prioritizes national candidates during the recruitment process and aims to hire from within the communities whenever possible.

We actively engage with and support local communities throughout our operations and have partnered with a range of NGOs, academic institutions, community groups, and local authorities to design and implement Social Investment initiatives in the UAE, Egypt and the KRI. These are broadly structured around four main themes, addressing community-specific issues and local social performance objectives: Education; Health; Energy and Infrastructure; Employment and Income Generation.

Investment in Community Management
$2.3 M
Increase in direct Economic Value Generated at $529M
17%
Dana Gas workforce represented by local nationals
61%
Why invest in
Dana Gas

MENA's largest independently listed, natural gas-focused E&P Company

Production icon
Gross Production
60.2 kboepd
2P reserves icon
2P Reserves
1,130 mmboe
Gas Production icon
Average Daily Gas Production
275 mmscf
Condensate Production icon
Average Daily Condensate Production
7,860 bbl